Hunter Biden Releases $LAPTOP Audit, Blames Market Makers for 98% Crash
- —$LAPTOP crashed 98% within an hour of launch
- —One market maker deployed just $5,200 of its $500,000 startup capital into the pool
- —Market makers' DEX positions earned $686,000 and over $2.1 million
- —Unclaimed tokens from the first airdrop, 10% of supply, will be burned
Why it matters: The case highlights how thin liquidity and market-maker actions can crash a token's price, and the risks of celebrity-backed memecoins.
Source: 動區 BlockTempo