Hunter Biden, son of former President of the United States Joe Biden, plans to launch a meme coin dubbed “LAPTOP” on Wednesday, September 9, 2026. The name refers to Hunter’s infamous 2020 Laptop saga, now flipped to become recognizable political branding.
Notably, LAPTOP’s debut will feature a billion tokens on Coinbase’s layer-2 network, Base. 30% of the tokens will be allocated to Hunter and fellow co-founders, with an unlock period of six months and a full vesting period of two years.
Interestingly, 20% of the token’s supply will be airdropped to holders of the TRUMP meme coin, in addition to Biden’s Substack subscribers.
Notably, TRUMP coin has nosedived by over 97% from its January 2025 all-time high. This has raised rug pull accusations amid Trump’s $1.4 billion declared crypto venture profits.
Source: CoinMarketCap
Launching LAPTOP coin vindicates TRUMP holders, mocks Trump crypto ventures, and capitalizes on the internet’s love for political irony. It also serves as an extension of Hunter’s personal brand built through the Substack blog dubbed “Where’s Hunter?” with one of its entries titled “The Laptop”.
Another compelling part of the LAPTOP tokenomics is a conditional 30% token burn following a 2028 Democratic presidential victory. The second prerequisite is Bitcoin (BTC) hitting a price of $126,080, which is just a little short of its all-time high.
Scammers are actively capitalizing on the news to launch multi-chain copycat meme coins. Since the announcement, these tokens have attracted over $6.9 million in trading volume and counting.
Source: CoinMarketCap
Meanwhile, much of the crypto community on X branded the coin a potential rug pull. Others questioned its politically tied incentives, with inquiries as to whether it counts as voter manipulation.
CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.
All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.
Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.
After a significant upswing, the Hedera (HBAR) price has been facing strong upward pressure. While…
“Black Monday” is trending on social media ahead of Wall Street’s open on October 19,…
According to David Schwartz, the chief architect of the XRP Ledger and Ripple’s CTO Emeritus,…
There is more money in the world than ever before, yet Bitcoin is not rising…
The Sandbox price has gained significant attention in the past few weeks, with a surge…
VeChain (VET) is approaching a critical technical test as investors look for blockchain projects that…
