Hunter Biden enters memecoin market with LAPTOP token

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Hunter Biden plans LAPTOP memecoin

Highlights

LAPTOP is scheduled to launch on Sept. 9.
The token will have a supply of 1 billion.
Founders are allocated 30% of the supply.
Another 20% is reserved for airdrops.
The project has faced criticism before trading begins.

The token will be issued on the Coinbase-built network Base with a total supply of 1 billion, CoinDesk reported. Founders, including Biden, are set to receive 30% of the supply, subject to a six-month lockup and a release schedule lasting more than two years, while another 20% is allocated to two airdrops.

LAPTOP targets political crypto traders

The first airdrop will include wallets holding losses on TRUMP, the memecoin launched by President Donald Trump shortly before his 2025 inauguration. Biden Substack subscribers and a mailing list associated with video journalist Andrew Callaghan are also included among planned recipients.

The name refers to the laptop Biden left at a Delaware repair shop in 2019. Data linked to the device later became a major political controversy and produced years of memes involving his business dealings and private life.

That notoriety is now being converted into a tradable token. The project also places Biden in the expanding category of political figures and personalities using memecoins to monetize attention and public identity.

Base and others distance themselves

Base has emphasized that allowing a token to deploy on its permissionless network does not constitute approval or a partnership. The LAPTOP team had contacted Base before launch, but the network did not participate in designing or promoting the project.

The backlash has also affected promotional activity. Kraken deleted a social-media post related to the token after criticism from traders, although the exchange has not said whether it abandoned any possible listing.

Callaghan separately distanced himself and his Channel 5 project from LAPTOP despite the planned use of a related mailing list for token distribution. Pump.fun, by contrast, was still promoting LAPTOP on Tuesday, while copycat tokens using the same name were already trading.

Political memecoins face another credibility test

The launch will test whether political attention can still generate durable demand after repeated controversy around personality-linked tokens. LAPTOP is entering a market where speculation can build quickly, but reputational risk and concentrated insider allocations remain central concerns.

The 30% founder allocation and targeted airdrops may attract short-term interest, yet the early backlash shows that visibility alone does not guarantee support from crypto traders. The bigger question after Sept. 9 will be whether LAPTOP develops meaningful liquidity or becomes another short-lived political memecoin.

We also reported the Liquid Network attacker returns 3,400 BTC after the vulnerability fix.

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