00:00It's Benzinga bringing Wall Street to Main Street.
00:02Hunter Biden's dollar laptop meme coin surged from around $3 to more than $300 within seconds
00:09of its Wednesday launch, before quickly giving back most of its gains, according to Bloomberg.
00:13The token, inspired by the controversy surrounding Biden's laptop, was recently trading near $2.60
00:20with a market valuation above $750 million and nearly $6 million in trading volume.
00:26Biden launched the coin on Coinbase Develop Blockchain Base, with trading beginning on decentralized
00:31exchange Aerodrome.
00:33He said he plans to give 2% of the token supply to people who lost money trading Trump's meme
00:38coin.
00:39Biden has also said he hopes to profit from the venture, telling Tucker Carlson he believes
00:43in cryptocurrency but also wants to make money.
00:46For all things money, visit Benzinga.com.
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