Hunter Biden Launches $LAPTOP Coin Trolling Trump

Hunter Biden is launching a meme coin built on the scandal that made his laptop famous — and aiming it squarely at President Trump.

The former first son announced $LAPTOP on Monday through an exclusive Wall Street Journal report and a post on his X account, saying the token will debut Wednesday, Sept. 9, on Coinbase's Base blockchain network.

Some 20% of the supply will be sent free, in two batches, to crypto wallets belonging to people who lost money on $TRUMP, the president's meme coin, along with subscribers to Biden's Substack and a mailing list curated by his friend, video journalist Andrew Callaghan, according to the Journal.

The Numbers

One billion tokens will be issued in total. Biden and his fellow founders will hold 30% of them, and cannot sell for six months, with the allotment becoming fully available over two years. The remaining 20% is earmarked for charity and liquidity needs — distributions to exchanges and market makers, plus a foundation to cover the project's legal, accounting, administrative and compliance costs.

As much as 30% of the supply could be permanently destroyed — "burned," in crypto parlance — if certain events happen: a Democrat winning the White House in 2028, bitcoin hitting a new record high, or $LAPTOP passing the fully diluted valuation of Trump's coin. If those outcomes don't occur inside the allotted time frames, the corresponding coins are donated to charity instead.