Joe Biden’s son to launch memecoin, will send to TRUMP holders: WSJ

Hunter Biden, son of former US President Joe Biden, announced that he plans to launch a memecoin based on the reports of his infamous laptop, which has been subject to intense media scrutiny.

In a Monday announcement on X, Hunter Biden posted the memecoin’s ticker symbol, $LAPTOP, signaling a Wednesday launch. The Wall Street Journal reported that Biden would send 20% of the one-billion token supply to substack subscribers, members of a mailing list and investors in President Donald Trump’s memecoin, Official Trump (TRUMP), whose value has dropped by about 97% since reaching an all-time high price in January 2025.

Source: Hunter Biden

The basis for the memecoin’s namesake is Biden’s computer, whose existence and contents were subject to scrutiny before the 2020 election, in which his father was running against Trump. The laptop continues to be invoked by many right-wing media figures and was the subject of two lawsuits filed by Biden over privacy laws. 

Since his father left office in January 2025, Biden has stepped up his rhetoric on crypto and blockchain, specifically criticizing the Trump family’s entanglements with the industry through its World Liberty Financial business. 

In August, he called World Liberty “corruption at a scale we’ve never seen,” comparing its business practices with those of defunct crypto exchange FTX and pointing to its ties to foreign governments like the UAE. Biden also said in June that “decentralized digital currency and the blockchain are the inevitable future.”