A memecoin named after Hunter Biden’s laptop reached a fully diluted valuation of $144 billion in its first minutes of trading on 9 September. The pool of money backing those trades held $48,
A memecoin named after Hunter Biden’s laptop reached a fully diluted valuation of $144 billion in its first minutes of trading on 9 September. The pool of money backing those trades held $48,000.
LAPTOP now trades at about $0.27, giving it a market capitalisation of roughly $95 million on 350 million circulating tokens, according to CoinMarketCap. That is 0.14% of the price it printed in its opening minutes.
