Hunter Biden is teasing the launch of a cryptocurrency meme coin inspired by his notorious laptop as his next business venture.

"$LAPTOP September 9," Biden wrote Monday on X, sharing a video of media reports referencing the infamous computer that was left at a Delaware repair shop before its contents were released in an October surprise during the 2020 presidential election.

$LAPTOP will launch Wednesday on the Base ledger under Coinbase Global, sources told The Wall Street Journal. Base is the Ethereum layer-2 network developed by Coinbase, which has increasingly positioned itself as a venue for consumer-facing crypto applications, including token launches tied to public figures.

Biden first hinted at the venture in June in an X post in which he denounced many of President Donald Trump's initiatives as distractions.

"Things we're told to fight about: Me. Laptop. Vaccines. Transgenders in sports. Pronouns," Biden wrote on June 5.

"Fiat is a sham, the banking class is corrupt, decentralized digital currency and the blockchain are the inevitable future, and the incumbents will fight it to the death," he added in a reply.

Meme coins are not backed by underlying protocols or utility, deriving value almost entirely from social media hype, viral trends and speculative sentiment. That makes them unpredictable assets, with prices that can crash as quickly as they surge. Politician- and celebrity-branded tokens in particular have drawn scrutiny from regulators and lawmakers concerned about conflicts of interest and retail investor losses, with congressional Democrats proposing legislation to bar senior officials and their families from promoting such financial products.

According to the Journal, 1 billion $LAPTOP tokens will be issued, with 30% held by Biden and the founders and locked for six months, fully vesting in two years. Another 20% of the tokens will be distributed in two batches to holders who lost money on Trump's $TRUMP meme coin, as well as subscribers to Biden's Substack. Trump's $TRUMP coin, launched days before his January 2025 inauguration, drew similar criticism over the Trump family's stake and its volatile trading history, and the plan to compensate some of its losing holders signals the direct rivalry the $LAPTOP project is courting.

The remaining half billion tokens will be allocated to liquidity and operations (20%) and to a deflationary "event burn" tied to 30 real-world triggers over a specified timeframe (30%). Those triggers reportedly include whether a Democrat wins the 2028 presidential election, whether Bitcoin reaches a new all-time high, and whether $LAPTOP's valuation flips $TRUMP, according to the Journal.

In a July Substack post, Hunter Biden detailed the story of the laptop and how it chronicled his struggles with addiction.

"So. The laptop. Here is what was on it. Twenty years of my life, or a version of it," he wrote on X. "Messages sent at hours that don't belong to anyone sober. Photographs I would never have taken in daylight. A record of every way a body can fail its owner when the owner has stopped trying to help. None of it is a single dramatic moment. It is accumulation, the slow daily work of an addict doing the thing that is killing him because the alternative feels like dying faster."

"All of that was on it," he said. "I am not denying any of it."

"That is not a small thing to say," he added. "I have spent years in rooms where men and women with far less scrutiny than I have faced tore themselves apart trying to account for what they did in the middle of their disease."