星球日报
星球日报|Oct 07, 2026 21:43
[Hunter Biden Demands LAPTOP Meme Token Market Makers to Buy Back and Burn Tokens, Report Indicates Severe Initial Liquidity Shortage] Odaily Planet Daily News – On Wednesday, Hunter Biden released the initial forensic report for the LAPTOP Meme Token issued by Groom Lake, directly criticizing the anonymous market makers involved in the issuance, stating that “the market makers who botched the issuance should buy back all the tokens and burn them.” The report revealed that a wallet possibly controlled by “Market Maker 1” received $500,000 before the issuance but only contributed approximately $5,200 during the launch, accounting for about 1%. All liquidity providers collectively contributed fewer than 30,000 LAPTOP tokens to the main pool, which is only about 0.003% of the initial supply of 1 billion tokens. The extremely low initial liquidity made LAPTOP’s price highly susceptible to small trades. The report stated that a single $6 buy order could push the price up by approximately 5%, and the combination of high-frequency early trading and liquidity changes led to dramatic price fluctuations on the day of the launch. Biden remarked that “the biggest winners in this issuance were the market makers.” The report also further elaborated on previous explanations regarding the failed launch. Last month, the project team attributed the abnormal price movements primarily to sniper bots and insufficient liquidity. Notably, as of October 7, the 300 million founder tokens held by the project team had not been transferred. The current controversy remains focused on the market makers’ execution during the launch, liquidity allocation, and whether they gained undue profits from the extreme volatility.
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