Hunter Biden to Airdrop LAPTOP Meme Coin to TRUMP’s Biggest Losers

In brief

• Hunter Biden is launching a meme coin called LAPTOP on Sept. 9 on Base, Coinbase's Ethereum layer-2 network, according to a Wall Street Journal report.
• Founders keep 30% of the supply, vested over two years, while 20% funds a two-round airdrop specifically targeting wallets that lost money on President Trump's TRUMP token.
• A burn mechanism tied to 30 preset events—including Bitcoin hitting a new all-time high or a Democrat winning the 2028 election—could destroy up to 30% of the supply, with tokens tied to unmet conditions donated to charity instead.

Hunter Biden is getting into crypto, and he's doing it by cashing in on his own scandal. The son of former President Joe Biden plans to launch a meme coin called LAPTOP on Sept. 9, based on a post today on X.

Per the Wall Street Journal, Hunter Biden’s meme coin will trade on Base, the Ethereum layer-2 network—a faster, cheaper blockchain built to run alongside Ethereum—that Coinbase created in 2023.

The name isn't subtle. LAPTOP references the laptop a Delaware repair shop handed over in 2019, whose contents the New York Post published weeks before the 2020 election, igniting a controversy that consumed American politics for years. The Journal reports Biden is personally part of the founding team, not lending his name to someone else's project.