Hunter Biden plans to launch a memecoin called LAPTOP on Base on Sept. 9, with an airdrop aimed at traders who lost money on 
Donald Trump's TRUMP token. He posted the $LAPTOP ticker on X on Monday with a video compiling news coverage of the laptop he left at a Delaware repair shop in 2019, after The Wall Street Journal first reported the plan.
How is the token structured? Founders including Hunter Biden hold 30% of the 1 billion supply, locked for six months and then vesting over two years. Another 20% goes to two airdrop rounds covering wallets underwater on TRUMP, his Substack subscribers and a mailing list run by video journalist Andrew Callaghan. Up to 30% could be burned on preset outcomes such as a Democratic presidential win in 2028, a new bitcoin record or LAPTOP overtaking TRUMP's valuation; tokens tied to unmet conditions can go to charity. A further 20% covers liquidity, charity donations, exchange and market-maker payments and the foundation's legal and accounting costs, Decrypt reported.
How has TRUMP fared? The token, which CoinDesk reported peaked at a $15 billion market value in early 2025, had fallen to about $600 million by Monday. Its price is down about 97% from its January 2025 all-time high, Cointelegraph reported. Trump's disclosures show some $1.4 billion in 2025 income from the memecoin and other crypto ventures.
What has Hunter Biden said about crypto? In August he called World Liberty Financial, the Trump family's crypto company, "corruption at a scale we've never seen." He said in a May interview with Candace Owens that there was "incredible promise in cryptocurrency" and has said he believes in memecoins, CryptoSlate reported. In an interview with Tucker Carlson that Decrypt reported on, he said he planned to get into crypto because he is interested in the technology and "wants to make some money."
How have traders and platforms reacted? Kraken deleted a post promoting a LAPTOP listing after a backlash, while Pump.fun kept advertising the token and copycats using its name appeared. Replies to the announcement skewed toward mockery, Decrypt reported, with some users calling Hunter Biden a hypocrite. Base founder Jesse Pollak said the LAPTOP team had reached out beforehand but that Base made a "conscious decision" not to help design or promote the token, CoinDesk reported. Callaghan said neither he nor his Channel 5 program had anything to do with the coin.
Figures referenced: Donald Trump. — JudgeMarket.
