Hunter Biden Is Launching a Memecoin and Sending Free Tokens to People Who Lost Money on TRUMP
TLDR
- Hunter Biden is launching a memecoin called LAPTOP on September 9, built on Coinbase’s Base blockchain, with a total supply of 1 billion tokens.
- 20% of the supply will be airdropped to TRUMP token holders, Hunter Biden’s Substack subscribers, and members of a mailing list.
- The founding team receives 30% of the supply, locked for six months and gradually released over two years.
- Up to 30% of the token supply could be burned if specific events occur, including Bitcoin hitting a new all-time high or a Democrat winning the 2028 presidential election.
- Nearly 989,000 wallets holding TRUMP have recorded a combined $3.81 billion in losses since the token launched in January 2025.
Hunter Biden, son of former President Joe Biden, is launching a memecoin called LAPTOP on September 9. The token will launch on Base, the blockchain developed by Coinbase, with a total supply of one billion tokens.
The Wall Street Journal reported the launch on September 7. Biden announced the token on X, posting its ticker symbol, $LAPTOP, ahead of the Wednesday launch date.
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