Hunter Biden plans to launch the meme coin LAPTOP on September 9 on Base, supported by Coinbase, but before its official launch, a large number of imitative tokens with the same name have already begun trading on the market. On-chain data shows that the cumulative trading volume of these copycat tokens across multiple blockchains has reached approximately $6.9 million.
Multiple chains have tokens with the same name
It is reported that LAPTOP will issue 1 billion tokens, with 30% allocated to Biden and other co-founders. This portion of the holdings will be locked for six months, followed by a gradual unlock over two years.
However, before the project was officially launched, counterfeit tokens already emerged in the market. The Defiant found that the first new LAPTOP token appeared on Robinhood Chain, coinciding roughly with the initial spread of project news. Within the following 53 minutes, an additional 22 related liquidity pools surfaced across Robinhood Chain, Solana, TON, and BNB Chain.
Among them, a single Robinhood Chain version recorded approximately $5.43 million in trading volume and over 31,000 transactions. The report noted that these tokens are not the official version scheduled to launch on Base on September 9.
Airdrop targets TRUMP loss holders
A key feature of the LAPTOP distribution design is an airdrop targeted at holders who have incurred losses on the Trump meme coin, TRUMP.
Currently, the price of TRUMP is approximately $2.25, down about 97% from its high of $73.43 in January 2025. Previously, it was reported that around 1.48 million wallets holding TRUMP are in an unrealized loss position; however, since a single investor may control multiple wallets, this figure does not equate to the actual number of individuals.
The destruction condition is tied to political events.
The project also plans to tie an additional 30% of the supply to 30 preset events. If these political or market events occur, the corresponding tokens may be burned. Disclosed triggers include: the Democratic Party winning the 2028 U.S. presidential election, Bitcoin reaching a new all-time high, and LAPTOP’s market capitalization exceeding TRUMP’s.
If certain conditions ultimately do not occur, the associated tokens may be redirected for charitable purposes.
From a narrative design perspective, LAPTOP directly adopts the dissemination strategy of political meme coins and includes Trump’s losing holders as distribution targets. The report also notes that LAPTOP has not yet launched and has not formed a market price; its future performance will depend on actual demand after September 9.