Hunter Biden has blamed “market makers” after his crypto token, LAPTOP, crashed and lost 99% of its value within hours of the launch.
Former President of the United States Joe Biden’s son, Hunter Biden, has issued a statement after he launched a cryptocurrency.
For those unaware, Biden launched a crypto meme coin, LAPTOP, on September 9, 2026. After the project crashed and lost 99% of its value within a few hours of its launch, the 56-year-old claimed that he was “used to legacy news and social media trolls spinning realities to fit their own narrative” in an X post.
On September 10, 2026, the Wilmington, Delaware native released a two-minute-41-second video on X. While acknowledging that it was “his responsibility” that his cryptocurrency project lost 99% of its value, Biden blamed the situation on a “market maker.”
According to Hunter Biden, the mess-up “occurred in the first 30 seconds” of his meme coin’s launch:
“You know what? At the end of the day, it’s my responsibility, and there was a **** up. The **** up occurred in the first 30 seconds of launching the coin. It was the market maker, for some unknown goddamn reason, only put in $5,000 in liquidity. And the demand was through the roof. And what happened was is that the coin went up to $2.39, and then it went to $316 a token. $316 billion market cap; larger than the market cap of ******* goddamn BlackRock! And they got it under control, but not before the damage was done.”
Over a thousand netizens on the Elon Musk-owned social media platform responded to Biden’s update, and they had a lot to say about it.
“lost all your aura for a memecoin bro you coulda just farmed money doing speaking events for the rest of your life but instead you ****** all that up for a ****coin that lasted 5 minutes” X user @jackduval remarked.
“The recovery community finally had a voice. Shame on you. I don’t believe in you anymore.” X user @NachoManBandy commented.
“Hunter, I think you mean well as a person. I’ve seen you on a few podcasts and you have a good aura about you. But this meme coin has not gone down well. I would cut bait if I were you. It’s not worth the fight” X user @xbitcoinlawyer stated.
Hunter Biden Says “He is in This to the End” While Discussing His Crypto Token Losing 99% of Its Value
At the two-minute mark of the video posted on X, Biden stated that “he is in this to the end” while discussing his crypto project. Furthermore, he “promised” to make things right regarding his LAPTOP cryptocurrency.
The former attorney went on to say that he and his team were “doing everything” to “get more liquidity and volume to the market”:
“I am in this to the end. 100%. And I promise you is that we’re going to make this right. And we’re working our ****** off to make certain that we can do that. So, stay tuned for more information, but I just want everybody to know – this isn’t some bull**** ******* celebrity token, where I get on Twitter and say, ‘Oh, I didn’t know about this. You know, I’m really sorry.’ It’s my responsibility, but I promise you, we are going to make it right, and we’re doing everything that we can to get more liquidity and volume into the market.”
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I’m Abhishek Sharma, an author at TigerJek.com. I enjoy exploring games, testing different strategies, and turning what I learn into clear, useful guides. My goal is to help players understand the game better and improve without the usual confusion.
