# Hunter Biden Says $5,000 Liquidity Shaped LAPTOP Token Trading

By Sonny Jang

Canonical URL: https://www.tokenpost.com/news/people/26918
Published: 2026-10-06T01:32:09.000Z
Updated: 2026-10-06T01:32:09.000Z
Section: People

> He said a $6 purchase could have moved the token’s market capitalization by about 5% at launch.

Hunter Biden, son of former President Joe Biden, said limited liquidity shaped early trading in the LAPTOP token, claiming a $6 purchase could have moved its market capitalization by about 5% at launch.

Biden said a market maker provided about $5,000 in liquidity when the token launched. He also claimed wallet records could prove the project was not a scam.

He again addressed criticism of LAPTOP’s first-minute trading and transparency. Biden also said many Democrats misunderstand the crypto industry. He reshared an interview on X.