Hunter Biden to Launch LAPTOP Meme Coin on Base, With Airdrop for $TRUMP Losers

Hunter Biden, son of former President Joe Biden, will launch a meme coin called LAPTOP on Coinbase's Base network on September 9. The token is named after the laptop tied to a 2020 election controversy, and a fifth of its supply is reserved for wallets that lost money on Donald Trump's $TRUMP coin. The launch makes Biden the latest political figure to enter the meme coin market, a corner of crypto where tokens trade on cultural attention rather than underlying utility and where a wave of politician- and celebrity-linked coins — including $TRUMP and Argentine President Javier Milei's promoted LIBRA token — has drawn scrutiny over steep losses for retail buyers and large allocations for insiders.

The Wall Street Journal first reported the plan on Monday morning. Biden confirmed it on his verified X account roughly four minutes later, posting the $LAPTOP ticker and the September 9 date alongside a 31-second Fox News clip about the laptop.

$LAPTOP September 9 pic.twitter.com/QokgWLNxgL — Hunter Biden (@HunterBiden) September 7, 2026

$LAPTOP

September 9 pic.twitter.com/QokgWLNxgL

— Hunter Biden (@HunterBiden) September 7, 2026

The post drew 250,900 views within an hour.

Token Supply and Allocation

According to the Journal, the token carries a 1 billion supply. The founding team, which includes Biden, takes 30%, locked for six months and then released over about two years — a vesting structure similar to those criticized in earlier political meme coins, though the lock here is shorter than the gradual unlocks that weighed on $TRUMP's supply. Another 20% is split across two airdrop rounds covering wallets underwater on $TRUMP, Biden's Substack subscribers, and a mailing list run by video journalist Andrew Callaghan.

A further 20% is set aside for liquidity, exchanges, and legal costs, while up to 30% is earmarked for burns tied to milestones such as a new Bitcoin (BTC) record high, LAPTOP's market cap overtaking $TRUMP's, or a Democratic win in the 2028 election.

Counterfeit Tokens Emerge Before Launch

Although the official contract does not go live until Wednesday, trading has already started on fakes. Within about an hour of the Journal's report, more than a dozen counterfeit LAPTOP tokens appeared on chains including Solana, BNB Chain, and TON, changing hands for roughly $6.9 million combined. None carried an official contract address, because none had been published. The pattern is familiar in meme coin launches: counterfeit tokens typically surface in the gap between a high-profile announcement and the publication of an official contract address, and buyers have no on-chain way to verify authenticity until the project itself publishes the address.

Coinbase's Base network drew more than 500 scam tokens in its first weeks after its 2023 launch, according to Solidus Labs. Blockchain investigator ZachXBT has separately traced hijacked celebrity and brand accounts that promoted fake tokens and moved $3.5 million to anonymous wallets.

For context, $TRUMP launched on Solana on January 18, 2025, crashed more than 50% within hours when Melania Trump released her own token, and traded near $2.28 on Monday against a January 2025 peak of $73.43, according to CoinGecko — a decline that illustrates the pool of underwater wallets the LAPTOP airdrop is designed to target.

The Laptop Behind the Token

The laptop is real. Biden left it at a repair shop in Wilmington, Delaware, in 2019, and the New York Post published its contents in October 2020, weeks before the presidential election. An FBI agent later testified at his 2024 federal trial that the device's serial number matched Apple's records. Biden has disputed that account, saying the files were taken from his cloud storage.

The token is set to go live on Base on September 9. Hunter Biden's LAPTOP meme coin has already spawned counterfeit tokens ahead of its launch, and the project will reserve 20% of its supply for airdrops, including wallets that lost money on $TRUMP.