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Hunter Biden, son of Biden, stated that over 12% of the total supply of LAPTOP tokens has been permanently destroyed. Among them, 30% of LAPTOP tokens are linked to real-world prediction results: if the relevant predictions come true, the corresponding tokens will be destroyed; if the predictions are not realized, the tokens will be donated to charity.This destruction was triggered by predictions related to the Nobel Peace Prize and also includes all unclaimed airdrop tokens.

According to the Gate Launchpool page, there are currently five projects underway: BLKHION, CT, GT, XAUT, and LAPTOP, offering various asset staking options.Among them, the total reward for the BLKHION project is 30,400 BLKHION, with three pools: USDT, BLKGRWON, and MAG7XON, with APRs of 6.67%, 187.64%, and 134.90% respectively; the total reward for the CT project is 1,000,000 CT, with APRs for the USDT, CT, and GT pools of 6.57%, 86.43%, and 2.91% respectively.Meanwhile, the total reward for the GT project is 18,400 GT, with APRs for the ETH and BTC pools of 4.47% and 2.85% respectively; the total reward for the XAUT project is 34 XAUT, with APRs for the USDT, XAUT, and GT pools of 6.62%, 9.99%, and 6.94% respectively; the total reward for the LAPTOP project is 1,289,608 LAPTOP, with APRs for the LAPTOP and BTC pools of 313.06% and 2.27% respectively.

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According to market news, Hunter Biden, the son of former U.S. President Biden, announced the results of an independent investigation into the launch of the LAPTOP token, stating that he has commissioned the forensic company Groom Lake to verify all transactions on the day of the launch. He denied that the team cashed out, stating that the founder's tokens remain concentrated in the same wallet and have not been transferred since the launch; his personal tokens have been locked for six months and will be released over two years.He cited the investigation, stating that Market Maker 1 had $500,000 in startup capital but only invested about $5,200 and less than 30,000 tokens into the liquidity pool, which accounted for only 0.003% of the total supply. The extremely low liquidity caused the price to rise from $0.05 to about $317 in less than two minutes, followed by a 98% drop within the next hour. After the price peaked 84 seconds later, Market Maker 1 withdrew funds during the sell-off, causing the available funds to support sell orders to drop from $16,200 to zero, close to the current price.He stated that Market Maker 1's DEX position made a profit of about $686,000, while Market Maker 2's related DEX transactions netted over $2.1 million, and he believes that the market maker responsible for the launch issues should buy back and destroy the tokens. He stated that he takes ultimate responsibility, will not exit the project, and plans to destroy most of the unclaimed tokens from the first airdrop next week; this airdrop accounts for 10% of the total supply.

According to the official page of Gate Launchpool, the GT project is currently ongoing, with a total reward of 18,400 GT. Among them, the ETH pool rewards 9,200 GT, with a current APR of 4.28%, and the total amount of liquid staking is approximately 19,710.94 ETH; the BTC pool also provides a reward of 9,200 GT, with a current APR of 3.00%, and the total amount of liquid staking is approximately 968.33 BTC.In addition, the CT Launchpool has a total reward of 1,000,000 CT, setting up three staking pools: USDT, CT, and GT, with current APRs of 5.98%, 92.79%, and 3.38%, respectively; the XAUT Launchpool sets up three staking pools: USDT, XAUT, and GT, with current APRs of 6.32%, 11.18%, and 6.56%, respectively; the LAPTOP Launchpool sets up two staking pools: LAPTOP and BTC, with current APRs of 284.46% and 2.01%, respectively.

Bitcoin Magazine released an interview video with Hunter Biden. Regarding the $LAPTOP token, which plummeted over 98% within minutes of its launch, he attributed the cause to market makers' liquidity missteps on decentralized exchanges and recounted the process of initially planning to launch on centralized exchanges before switching to decentralized exchanges.In the interview, Hunter Biden also discussed Operation Choke Point 2, lobbying his father, and the Democratic Party's stance on cryptocurrency, as well as mentioning Michael Saylor and Strategy, Bitcoin payments, and global adoption, while providing his prediction for Bitcoin's price in 2028. He also compared $LAPTOP with Trump-related tokens in terms of tokenomics and transparency.

Former U.S. President Biden's son Hunter Biden responded to the market value of the LAPTOP token dropping below 25 million dollars. The token's market value has decreased by 99.9% since its issuance, and reports indicate that the project team is expected to have made tens of millions of dollars in profit.Hunter Biden stated that the profit estimates lack basis, and he previously explained that the project's issuance performance was poor, with accounts to be disclosed. He mentioned that the team wallet has not sold any LAPTOP tokens, and the tokens held by the team are locked for 6 months, followed by a two-year vesting period. Relevant arrangements have been detailed in the disclosure documents, and he requested that individuals claiming the team made tens of millions of dollars in profit disclose the relevant wallet addresses.

According to on-chain analyst Yu Jin's monitoring, a trader liquidated LAPTOP last night at a price of $0.6, investing $249,000, and after selling, recovered $15,000, resulting in an actual loss of $234,000, a loss of 94%. Yu Jin stated that this trader became the largest "victim" harvested by Biden's son. The trader bought LAPTOP at a price of $217.5 when it went live the night before last, and within a few hours, the price dropped from three digits to single digits; early yesterday morning, they averaged down at a price of $2, and the price continued to fall, ultimately selling last night at a price of $0.6.

According to Catcher Predict monitoring, in the event of "$LAPTOP FDV launching the next day breakthrough" on the Polymarket, the "is" option in the sub-market "$750M" experienced a sharp fluctuation in winning probability, dropping from 58% an hour ago to the current 42.5% (a fluctuation of 15.5%). Please note the impact of related breaking news.

Former U.S. President Biden's son Hunter Biden stated that the LAPTOP Foundation's X account has currently been suspended, and the team is attempting to restore the account. During this period, information will be published through Medium, and the foundation will not withdraw from the LAPTOP project. The accompanying statement mentioned that after establishing an initial liquidity pool of 0.05 USD per token, LAPTOP encountered significant demand and front-running bots, resulting in insufficient initial liquidity from market makers, which caused the token price to fluctuate violently before liquidity was replenished.To improve market liquidity, the team began injecting 4 million LAPTOP tokens into the Aerodrome liquidity pool as incentives starting from 0:00 UTC on September 10, accounting for 0.4% of the total supply. Additionally, two predicted events will settle with "YES," and 10 million LAPTOP tokens will be burned within the first week of launch, accounting for 1% of the total supply. The team stated that there was no presale of LAPTOP, nor were tokens allocated to investors, influencers, or KOLs; 30% of the tokens held by the founders are locked for 6 months and will be unlocked over two years, held in custody by Coinbase Custody, while another 30% allocated for the prediction mechanism is locked for 12 months.80 million LAPTOP tokens can be claimed by users who subscribed to Hunter Biden's Substack before September 6, with a claiming period of 30 days, and any unclaimed portion will be burned. Previously, Hunter Biden expressed that he did not gain any profits from LAPTOP amid the violent fluctuations after the token launch.

According to Catcher Predict monitoring, in the event of "$LAPTOP FDV market cap one day after launch" on the Polymarket, the "is" option in the sub-market "$250M" experienced a sharp fluctuation in winning probability, dropping from 95.5% an hour ago to the current 80.5% (a fluctuation of 15%). Please note the impact of related breaking news.

Eric Trump, the second son of Donald Trump, posted on X mocking Hunter Biden's cryptocurrency failure, stating, "Hunter Biden should go back to painting."After the launch of the meme coin LAPTOP issued by Hunter Biden on the Base chain today, it experienced a dramatic drop, with a decline of up to 99%.

Bubblemaps posted on platform X that the main wallet addresses for LAPTOP are mostly new wallets, with 60% of the addresses having no on-chain activity prior."New wallets" refer to addresses that have received funds only in the past 10 days, and most of the wallets mentioned above received funds today.

According to monitoring by Lookonchain, Wintermute obtained 2.5 million tokens from the $LAPTOP project team and immediately began selling them on-chain. Currently, 466,255 tokens have been sold at an average price of $4.47, cashing out approximately 2.08 million USD, with about 2.03 million tokens remaining to be disposed of.

According to on-chain analyst @ai_9684xtpa's monitoring, 40 minutes ago, two newly created wallets received airdrop contracts for 4,276 LAPTOPs from Hunter Biden's Substack subscribers, then sold them for approximately $404,000 and $243,000 respectively, totaling a profit of over $647,000.On-chain data shows that there is an ETH transfer association between the two addresses. Among them, the address 0x8DA...4A18d has transferred the proceeds from the sale in USDC to the public tagged address of Safe architect FloB (@FloB_Safe).

Crypto KOL Rune posted that during the process of claiming the LAPTOP airdrop, a newly created wallet with direct fund transfers appeared. The new wallet 0x8DA...A18d claimed 4276 LAPTOP for free, then sold them and obtained about 400,000 USD.Subsequently, this wallet transferred 0.02 ETH to another newly created wallet 0xc27...b591. The latter also claimed 4276 LAPTOP for free and sold them immediately; due to the price drop since the previous address sold, this transaction only yielded about 200,000 USD.Rune described that the on-chain activities related to LAPTOP are becoming "strange," but it has not confirmed whether the two wallets are controlled by the same entity.

According to monitoring by Lookonchain, a trader lost $200,000 by chasing the high of the token related to Hunter Biden, LAPTOP, leaving only about $3,000.The trader withdrew $250,000 from Binance in advance, preparing to buy immediately after LAPTOP went live. Ultimately, he spent $200,000 to buy 919 LAPTOP tokens at a high price of $218, and currently, this position is worth only about $3,000.

According to Catcher Predict monitoring, in the event of "$LAPTOP FDV surpassing predictions one day after launch" on the Polymarket prediction market, the "is" option in the sub-market "$25M" experienced significant fluctuations in winning probability, dropping from 95.4% an hour ago to the current 77.05% (a fluctuation of 18.35%). Please note the impact of related breaking news.