Hunter Biden’s sinister lil laptop coin just hit the Base network and instantly plunged 99.2 percent from a high of 199.51 dollars within hours of launch. 🌑
The laptop first popped into view back in October 2020 when the New York Post dropped those emails from a device linked to Biden. Some folks called it possible disinformation at first but later several outlets confirmed it was real. 🖤
Totally Unexpected 💀
They turned laptop into a weapon. I turned it into a token. Biden posted straight on X. 👁️
Crypto investigator Coffeezilla straight up told his followers to stay away before trading even started with a clear do not buy it warning. 🔥
No big shock that copycats showed up before launch either with over a dozen fake laptop coins popping on Solana Bnb Chain and Ton within an hour of the wall street journal report. Those fakes traded around 6.9 million dollars combined but none had the real contract. 💸
Scam tokens are just a hazard on Base since it pulled over 500 of em in those early weeks after 2023. 📉
On day one CoinGecko had the market cap near 560 million dollars and fully diluted valuation around 1.6 billion dollars from about 5.2 million dollars in 24 hour volume. 🪦
Airdrop Aimed at Trump Losers 😈
Biden dropped the coin announcement days before and saved a fifth of the supply for an airdrop to wallets that lost cash on Donald Trumps trump coin. 🕸️
It kicked off with around 35 percent of supply unlocked while the rest vests through cliffs over 36 months and traded in defi pools without any fixed price. The peak hit 199.51 dollars before sliding to near 1.61 dollars. 😼
One wallet grabbed 250000 dollars off binance right before launch then spent 200000 dollars on laptop near the top but that bag dropped to around 3000 dollars fast. A trump trader also lost 207000 dollars within an hour of buying back in March.
Out of the 1 billion token supply 20 percent went to trump losers Substack subs and a mailing list by Andrew Callaghan while 30 percent locked for the team with six month cliff and longer vesting.
Public Citizen estimates trump linked crypto stuff left investors at least 4.7 billion dollars underwater with the trump meme coin alone making up 3.2 billion dollars of it.
Just another echo from the void by iconofsin.eth 💖