Hunter Biden stated that a market maker error caused the LAPTOP token's launch-day valuation to surge to $317 billion, describing the figure as "pure fiction." He confirmed that the responsible firm has internally acknowledged the mistake that resulted in the inflated market capitalization.
The clarification addresses the anomalous price action observed during the token's debut, attributing the extreme valuation solely to operational failure rather than genuine market demand. This admission confirms the $317 billion metric was an artificial anomaly stemming from the market maker's internal systems.
Hunter Biden Attributes LAPToken's $317B Market Cap Spike to Market Maker Error
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