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Hunter Biden is leaning into one of the most politically charged controversies of the 2020 election by launching a cryptocurrency tied to it. The former president’s son has introduced a meme coin called $LAPTOP, a type of digital currency inspired by online jokes, viral images or trends. Unlike bitcoin and other cryptocurrencies built around a specific technology or service, meme coins are often driven more by online hype than real-world utility. That dynamic makes them surge in popularity, but can also make them extremely risky. The coin’s name references the laptop that became a major point of contention during the final weeks of the 2020 presidential campaign.
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Biden's reference to the laptop follows a July social media post in which he challenged the laptop’s provenance and chain of custody, still acknowledging that it contained records from a time when he was in active addiction.
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