Hunter Biden plans to launch a meme coin named LAPTOP on September 9. Previous media reports indicated that the token will launch on the Base chain, supported by Coinbase, with a total supply of 1 billion tokens, sparking immediate attention upon announcement.
Token allocation has been disclosed.
According to The Wall Street Journal, the founding team, including Hunter Biden, will hold 30% of the token supply, which will be locked for six months. The project also plans to allocate 20% of the supply through two rounds of free distributions to specific individuals.
- The network is now live on Base.
- The total token supply is 1 billion.
- Team holding percentage: 30%, locked for 6 months
Eligible recipients include users who previously traded the Trump meme coin TRUMP and incurred losses, as well as subscribers to Hunter Biden’s personal newsletter. Subscribers to the email list of closely associated video journalist Andrew Callaghan are also included, though Callaghan later stated that he was not involved in the issuance of this project.
20% targeted at TRUMP losers
The most talked-about aspect of this distribution plan is setting aside a portion of tokens for those who suffered losses in TRUMP token trading. The meme coin named after Trump was launched in January 2025, and its price dropped significantly within days of listing, fueling ongoing skepticism about the celebrity token model.
In the past two years, the number of political figures launching meme coins has continued to rise. In addition to Donald and Melania Trump, former New York City mayor Eric Adams also announced the NYC Token in January this year. Such tokens typically lack clear utility, and their prices are primarily driven by social media popularity.
Leveraging the "laptop" controversy for publicity
Based on the content of Hunter Biden's video, the project clearly leverages the long-standing political controversy surrounding the term "laptop," referencing the public discourse during the 2020 U.S. election regarding his personal computer.
Public records show that Hunter Biden delivered a computer to a repair shop in Delaware in April 2019, and it was later seized by the FBI several months afterward. The device has since remained a contentious topic in U.S. political discourse. The token launch has also quickly drawn criticism on X, with some users questioning whether it differs fundamentally from previously criticized celebrity tokens.