A cryptocurrency token launched by Hunter Biden, the son of the former president, abruptly lost almost all of its value within minutes of its debut Wednesday morning.
Earlier this week, the younger Biden had touted the launch of the $LAPTOP meme coin, saying it was a way to reclaim a symbol that had defined news coverage about him when his father was president. He also suggested that the meme coin would be about building community, benefiting charity and helping those who had “lost money on the $TRUMP grift,” referring to President Donald Trump’s own meme coin launch.
