Hassan Maishera
TL;DR
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Hunter Biden plans to launch the LAPTOP memecoin on Base on September 9.
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The token will have a total supply of 1 billion, with 30% allocated to the founders.
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Another 20% will be airdropped to eligible TRUMP holders and members of selected mailing lists.
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The project plans token burns tied to milestones such as a Democratic victory in 2028 or LAPTOP overtaking TRUMP’s market capitalization.
Hunter Biden, the son of former U.S. President Joe Biden, plans to launch a memecoin called LAPTOP on the Base blockchain on September 9, according to a Wall Street Journal report.
The project will issue a total supply of 1 billion LAPTOP tokens. Its founders, including Biden, will receive a combined 30% allocation.
The founders will be unable to sell their tokens for the first six months. Their allocations will then vest over a period exceeding two years, a structure intended to limit immediate insider selling.
LAPTOP Plans Airdrop for TRUMP Token Holders
Twenty percent of LAPTOP’s supply will be distributed through two rounds of airdrops.
Eligible recipients will include wallets holding unrealized losses on the Official Trump memecoin, also known by its TRUMP ticker. The distribution will also target subscribers to Biden’s Substack and members of a mailing list operated by his friend Andrew Callaghan, a video journalist.
The decision to include underwater TRUMP holders gives the launch an explicitly political angle while potentially attracting an existing community of memecoin traders.
Another 30% of LAPTOP’s supply has been designated for conditional token burns. The burns will be triggered if certain political or cryptocurrency-related events occur.
These conditions include a Democratic victory in the 2028 U.S. presidential election, Bitcoin reaching a new all-time high, or LAPTOP’s market capitalization surpassing that of TRUMP.
Biden later teased the LAPTOP ticker on X alongside a montage of news anchors discussing his widely publicized laptop.
$LAPTOP
— Hunter Biden (@HunterBiden) September 7, 2026
September 9 pic.twitter.com/QokgWLNxgL
The token’s name references a computer Biden reportedly left at a Delaware repair shop in 2019. Data from the device, including emails and messages concerning his overseas business activities, was subsequently released publicly before the 2020 U.S. presidential election.
The controversy became a recurring subject of political debate and media coverage. By adopting LAPTOP as the token’s ticker, the project is turning one of the best-known episodes associated with Biden into its central branding theme.
Political Memecoins Face Sharp Price Swings
LAPTOP will enter a political memecoin market already shaped by the launch of TRUMP.
The Trump-linked token briefly reached a market capitalization of approximately $15 billion after its debut in early 2025. It subsequently fell to around $2 per token, giving it a market value of roughly $600 million at the time of reporting.
The steep decline highlights the extreme volatility associated with political memecoins, whose prices are often driven by publicity, online attention and political events rather than conventional fundamentals.
Financial disclosures from Donald Trump indicate that his memecoin and other cryptocurrency ventures generated approximately $1.4 billion during the previous year.
LAPTOP’s launch will test whether Biden’s name and the token’s politically charged branding can attract sustained demand in a market where attention can produce rapid gains but equally severe losses.
