Hunter Biden Unveils Meme Coin ‘LAPTOP,’ Says 20% Will Be Airdropped to Community
Summary
- Hunter Biden said he is launching meme coin 'LAPTOP' and personally disclosed the token allocation plan.
- He said the structure includes a 20% airdrop of the token supply, a conditional burn-or-donation mechanism for 30% of total supply, and a separate 50 million LAPTOP allocation for charity.
- He also distanced himself from speculative expectations and said no one should expect anyone to increase the token’s value.
Forecast Trend Report by Period
Hunter Biden, the son of former U.S. President Joe Biden, has personally outlined the rationale for launching his meme coin, LAPTOP, and disclosed its token allocation plan.
In a post on X on Sept. 8, Biden said he was launching LAPTOP after turning “a symbol they used to try to end me” into “a symbol of recovery and comeback.”
The name LAPTOP is drawn from the so-called Hunter Biden laptop controversy that surfaced ahead of the 2020 U.S. presidential election. “They weaponized the laptop, but I turned it into a token,” he wrote.
He said 20% of the token supply will be distributed through a community airdrop. That group will include some users who lost money after investing in Official Trump (TRUMP), the meme coin tied to U.S. President Donald Trump.
Another 30% of the total supply will be subject to a pre-set conditional structure. If specific real-world conditions disclosed by Biden’s side are met, those tokens will be permanently burned. If not, they will be donated to charity. Separately, 50 million LAPTOP tokens have been allocated for charitable purposes.
Biden also sought to distance the project from speculative expectations surrounding meme coins. He said no one should expect him, or anyone else, to raise the token’s value, stressing that the purpose of LAPTOP is not simply to hold the token.
He also referred directly to TRUMP, claiming that about 1 million wallets had suffered combined losses of roughly $3.8 billion on the token.
LAPTOP is scheduled for an official launch on the Base network on Sept. 9.
