Hunter Biden Set to Launch “LAPTOP” Memecoin Aimed at TRUMP Token Holders

Hunter Biden, son of former President Joe Biden, is preparing to launch a memecoin called LAPTOP on the Base network on September 9, according to a report from the Wall Street Journal. The token references the laptop Biden left at a Delaware repair shop in 2019, whose contents were later leaked publicly ahead of the 2020 election.

Token Structure and Distribution Plan

The total supply is set at 1 billion tokens, with founders, including Biden himself, receiving 30%. Those tokens will remain locked for six months and vest gradually over more than two years. Another 20% of the supply will be distributed through airdrops in two separate rounds, targeting wallets that lost value holding the TRUMP memecoin, along with subscribers to Biden’s Substack and a mailing list run by journalist Andrew Callaghan, a friend of Biden’s.

Burn Mechanism Tied to Political and Market Events

The remaining 30% of tokens will be burned if specific conditions are met, including a Democratic victory in the 2028 presidential election, bitcoin reaching a new all-time high, or LAPTOP’s market value surpassing that of the TRUMP token. Biden teased the token’s name on social media shortly after the announcement, sharing a video montage referencing past news coverage of the laptop controversy.

The TRUMP memecoin launched in early 2025 with a peak market value of $15 billion before falling sharply, now valued at roughly $600 million. Financial disclosures show the token and related crypto deals generated $1.4 billion in earnings last year.