New Memecoin Tied to Hunter Biden Draws Backlash Ahead of Launch

A new memecoin called LAPTOP, tied to Hunter Biden and set to launch on the Base network, is facing sharp criticism from traders before it even goes live. The token carries a supply of one billion, with founders taking 30% locked for six months and released gradually over two years. Another 20% is earmarked for airdrops, with early recipients including wallets that lost money on a memecoin linked to Donald Trump’s 2025 inauguration.

Base Distances Itself From the Project

Coinbase’s Base network clarified it has no formal partnership with the token, noting that anyone can deploy assets on the platform without approval. Base’s founder said the team behind LAPTOP had reached out ahead of launch, but the company chose not to assist with its design or promotion given the political sensitivity involved.

Exchanges and Media Figures Distance Themselves

Crypto exchange Kraken removed a promotional post after facing criticism online, though it has not confirmed whether it will still list the token. A media personality whose mailing list was included in the airdrop plan also publicly denied any involvement with the project.