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Cronos approves tokenomics proposals, bringing total CRO burned to 428 million
Cronos passes two tokenomics proposals, burns 228 million CRO
Cronos says two tokenomics proposals passed, with 228 million CRO burned
AAVE climbs 9.20% in 24 hours, hits an intraday high of 187.50 USDT
Hunter Biden
2026-10-01 02:21:47

Hunter Biden says LAPTOP was built with tokenomics opposite to Trump family memecoins

Hunter Biden said his LAPTOP memecoin was structured as the opposite of the Trump family’s memecoins, arguing that the project was designed to show a token launch could be done “the right way.” Speaking on the Unchained Podcast on Wednesday, Biden said insiders hold 30% of LAPTOP’s supply, versus what he described as 80% for the Trump tokens, and said half of LAPTOP’s allocation goes to the community. He also said the founder tokens have never moved and will not move, and that no money has left the foundation for insiders. Unchained reviewed Base blockchain data showing that two wallets were each funded with 300 million LAPTOP before launch, matching two allocations disclosed by the project: a founder share and a predictions pool whose tokens are burned when certain real-world predictions come true. One wallet has not moved any tokens, while the other sent 17.5 million tokens, or 1.75% of supply, to a burn address. The outlet said it could not confirm which wallet corresponds to which allocation or who controls them. Biden also addressed LAPTOP’s launch-day trading. The token has fallen more than 99% from its Sept. 9 peak on Base and was trading near $0.079 on Wednesday, above its planned $0.05 launch price. He said one of the project’s three market makers seeded the launch pool with about 29,000 tokens instead of 5 million, which he said briefly pushed the token from a $50 million fully diluted valuation to a $317 billion market cap within a minute.

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Hunter Biden says LAPTOP was built with tokenomics opposite to Trump family memecoins
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