Hunter Biden, the son of former President Joe Biden, is launching a memecoin named LAPTOP, according to a report first published by The Wall Street Journal. The token takes its name from Biden's personal computer, the contents of which were published by the New York Post in 2020. Biden has confirmed the report himself by posting a video on X (https://x.com/HunterBiden/status/2096975577727316327?s=20) showing the ticker $LAPTOP and the date September 9, when the memecoin is scheduled to launch.

According to the token's website (), LAPTOP represents Biden's attempt to reclaim the narrative after the contents of his laptop became the subject of a political scandal. The Wall Street Journal confirmed that Hunter Biden is part of the founding team behind the project. The launch places Biden among a growing list of political figures and public personalities who have issued their own tokens, a trend that accelerated after President Donald Trump introduced his official memecoin in early 2025.

LAPTOP Memecoin Sets 1 Billion Token Supply on Base

The website states that the memecoin will launch on Base, the Coinbase Layer-2 network, and that the contract address has already been shared. Base has become one of the more active venues for memecoin launches, offering lower transaction fees than Ethereum's mainnet while settling to Ethereum.

Under the project's tokenomics, LAPTOP will have a total supply of 1 billion tokens. The founding team is expected to control 300 million, while 100 million are allocated to liquidity and other operational expenses. A further 5% is set aside for the Foundation Treasury and 4.44% will go toward charity, meaning roughly 50% of the supply is under the team's control.

The project does include a token unlock mechanism: all founders' supply will be locked for six months. 35% of the overall supply will be unlocked at launch, with full unlock expected after 36 months.

Notably, 30% of the token supply is tied to the outcome of real-world events. If a prediction proves correct, 1% of the tokens would be burned; if wrong, the tokens would be donated to charity. The 30 predictions cover topics including Trump's impeachment, Bitcoin reaching a new high, the Democratic Party winning the House or Senate in 2026, and the passage of the Clarity Act, among others. The Clarity Act is pending legislation in Congress aimed at establishing a framework for regulating digital assets and clarifying the roles of US market regulators over crypto.

Airdrops to TRUMP Memecoin Losers

The project has also reserved 20% of its supply for airdrops, with 10% distributed on Day One and the remainder over time. Eligible recipients include subscribers to Hunter Biden's Substack and members of Andrew Callaghan's Channel 5 mailing list. Callaghan is a YouTube personality.

Another eligible group consists of traders who lost money on the TRUMP memecoin. This appears to be a direct jab at President Donald Trump, whose official memecoin has been in steep decline since peaking a few days after its launch in 2025. TRUMP is currently trading at around $2.25, far below its 2025 peak above $70. The token has lost more than 53% of its value in 2025, although it has gained roughly 51% over the last 30 days. The TRUMP token's decline drew significant attention to losses among retail buyers, including those who purchased tokens offered to top holders at dinners and events promoted by the project.

This article is for informational purposes only and should not be considered financial or investment advice. Cryptocurrency markets remain highly volatile, and readers should conduct independent research before making investment decisions.