Laptop, cumulative incineration 17.65% announced... website 12.15%
Original headline랩톱, 누적 소각 17.65% 발표…홈페이지는 12.15%
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LAPTOP announced the burn of an additional 55 million tokens, equal to 5.5% of supply, bringing cumulative burns to 17.65% of the original 1 billion-token supply, according to a post by Hunter Biden on X. The project had allocated 30% of its initial supply across 30 prediction conditions spanning politics, crypto and culture. The official website, however, lists cumulative burns at 12.15%, leaving a discrepancy with the 17.65% figure that traders will be watching for clarification on. The burn comes as Democrats swept both chambers of Congress in the November 3, 2026 midterms, a result AP called, with the article noting that U.S. stocks and bitcoin fell together after the Democratic takeover.
Muhabbit's AI wrote this summary in its own words from TokenPost's report and translated it from Korean. It can get details wrong, so check the source.
Named in this story
LAPTOP, Hunter Biden, Democratic Party, AP