Hunter Biden is entering the cryptocurrency world with his own meme coin. The token, called LAPTOP, is scheduled to launch on September 9.

The coin takes its name from Biden's personal laptop, which became a major story in American politics starting in 2020. Contents from the device were widely reported and discussed for years afterward. The name choice turns a years-long political controversy into the branding for a crypto asset, a playbook that echoes how other politically themed tokens have leaned on name recognition to attract attention.

LAPTOP will launch on Base, a network built by Coinbase Global and designed to host low-cost transactions and applications. Base has become a common venue for new token launches because its low fees make small trades practical, though that accessibility has also made it a hub for short-lived meme tokens. The launch was first reported by The Wall Street Journal, citing people familiar with the plans. The project team declined to comment publicly.

Key Points

• Hunter Biden will launch a meme coin called LAPTOP on September 9 on the Base network.
• The coin will have a total supply of one billion tokens.
• Biden and the founding team will hold 30% of tokens, locked for six months.
• 20% of tokens will go to people who lost money on the TRUMP meme coin.
• Up to 30% of tokens could be burned depending on political and market events.

How the Token Supply Will Be Divided

LAPTOP will have a total supply of one billion tokens, split into several parts for different purposes.

Biden and the coin's founders will hold 30% of all tokens. Those tokens will be locked for six months and fully available after two years. Such lockup schedules are a common feature of token launches, used to signal that insiders will not immediately sell into early trading.

Another 20% of the supply will go to people who lost money on TRUMP, the meme coin linked to President Trump. The allocation appears designed to appeal directly to traders hurt by the earlier token's decline. Tokens will also go to subscribers of Biden's newsletter and a mailing list run by journalist Andrew Callaghan.

Callaghan said he is not involved with the LAPTOP project. He added that he does not see crypto as a real investment but wished Biden well.

The remaining tokens will fund charity, cover legal and accounting costs, and support trading liquidity through exchange partners.

A Burn Plan Tied to Political Events

Up to 30% of the token supply could be destroyed under certain conditions. The founders set up 30 possible events tied to political and market outcomes.

One event is a Democratic win in the 2028 presidential election. Another is bitcoin reaching a new all-time high price.

If those events do not happen, the tokens set aside for burning will instead go to charity. This structure ties the coin's supply directly to future news events, a mechanism intended to keep holders engaged with the project's outcome over time.

Context: Meme Coins and the Wider Market

Meme coins do not carry any built-in value. They trade on internet culture and celebrity association rather than cash flows or product utility, and most lose value quickly after they launch, even when tied to famous people.

Coins linked to Trump, First Lady Melania Trump, and former New York Mayor Eric Adams all saw fast price jumps followed by sharp drops.

Trump's own TRUMP token reached a peak market value near $15 billion in 2025. It now trades around $2, giving it a market value near $600 million.

Biden has been active in public recently, appearing on podcasts and writing essays about his life and crypto. He has called digital currencies the future in recent posts online.

The crypto market overall has cooled since bitcoin hit its highest price near $126,000 last October, and prices have slid since then.

Trump's financial disclosures showed he earned $1.4 billion from his meme coin and other crypto deals last year. Watchdog groups have raised questions about conflicts of interest tied to the family's crypto business. The LAPTOP launch adds a second prominent political family to the meme coin space, intensifying the debate over whether relatives of sitting officials should be able to monetize political fame through crypto assets.

A bill called the Clarity Act, meant to set rules for digital assets, has stalled in Congress. Lawmakers disagree over language that would stop officials and their families from profiting off crypto. How that dispute is resolved could shape the regulatory environment that tokens like LAPTOP will operate in.

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