Hunter Biden, the son of former US President Joe Biden, has signaled plans to launch a memecoin called LAPTOP, according to a post on X and a Wall Street Journal report cited by Cointelegraph. The token is set for a Wednesday launch, with a total supply of 1 billion. The report said 20% of that supply would be distributed to Biden’s Substack subscribers, members of a mailing list and investors in President Donald Trump’s memecoin, Official Trump (TRUMP). Cointelegraph said TRUMP has fallen about 97% from its all-time high reached in January 2025. The token’s branding draws on the long-running controversy around Hunter Biden’s laptop, which was widely scrutinized ahead of the 2020 US election. The report also said the LAPTOP founders would hold 30% of the supply and may burn as much as 30% depending on several events, including a Democratic victory in the 2028 presidential election, Bitcoin reaching a new all-time high and LAPTOP’s fully diluted valuation surpassing TRUMP’s. The launch, if it goes ahead, would arrive as the Senate prepares for a Sept. 15 cloture vote on the Digital Asset Market Clarity Act, or CLARITY Act.

LAPTOP, a meme token linked in the report to Hunter Biden, is set to go live on Base on Sept. 9. Based on the contract address published on the project website, BlockBeats said the token has a fixed supply of 1 billion, all minted at once, with about 80% currently held by a single Gnosis Safe treasury. The report said the token uses a standard LayerZero OFT structure and its source code has been verified. It does not include transfer taxes, blacklist controls, pause functions, or extra minting features. Even so, cross-chain Peer settings have not yet been configured, leaving a later Peer setup by the Owner as the main contract-level permission path still available. BlockBeats also said the project’s public claims around team lockups, event-based burns, airdrops, foundation allocations, and charitable donations are not directly enforced by the token contract at this stage. Those terms, it noted, currently come from the website and related project messaging. The report added that Hunter Biden has only publicly posted 「$LAPTOP / September 9」 and has not directly published an official contract address. With copycat tokens already appearing ahead of launch, the outlet warned users to watch for fake assets and mistaken transfers before the official liquidity pool is deployed and any lockup or burn mechanisms are confirmed on-chain.

According to GMGN data, the LAPTOP-themed meme coin on BSC briefly surpassed a $13 million market cap on September 8. Within 90 minutes of launch, cumulative trading volume exceeded $15 million. However, the market cap then dropped to $6 million in just three minutes. BlockBeats warned about the high volatility and lack of utility typical of meme coins.

Crypto prices slipped after Hunter Biden announced plans to launch the meme coin LAPTOP, according to market data cited by BlockBeats from HTX. Bitcoin fell about 0.7%, Ether lost roughly 0.85%, and SOL dropped around 1.17%. Several previously popular meme tokens saw steeper declines, including MEME, PONS, BONER, Basecat, ZCAT, and 牛来. BlockBeats linked that reaction to what it described as an existing market precedent: the launch of Donald Trump’s TRUMP token on Jan. 17, 2025. The report said TRUMP surged on debut and fueled FOMO across the community, but later turned into what it called a mess for the crypto sector and drew criticism from mainstream media. The article also reviewed data from that earlier period. Bitcoin was at $103,000 on Jan. 17, 2025, then fell about 25% over the next 52 days, with the full correction reaching 29% over roughly 80 days. Solana, then in the middle of a meme coin frenzy, posted average daily trading volume of about $4.53 billion and a single-day peak of $5.86 billion, versus about $1.915 billion in the past 24 hours. BlockBeats also listed several meme projects that peaked around that period, including ai16z, FARTCOIN, GRIFFAIN, and pippin.

Biden-themed meme coins moved higher, according to data from GMGN, in a rally that appeared to be linked to news that Hunter Biden is set to launch a meme coin called LAPTOP. Among the tokens mentioned, the Solana ecosystem meme coin BODEN briefly pushed its market capitalization above $1.7 million and posted a 24-hour gain of 47.837%. Another token, HUNTBODEN, briefly climbed past a $180,000 market cap before pulling back, while still recording a 24-hour increase of 142%. Odaily reported the move and noted that meme coins can see sharp price swings. The outlet warned investors to take part with caution given the sector’s high volatility. No additional market data or launch timeline for LAPTOP was provided in the brief.

Hunter Biden's X account currently follows only one account named 'Laptop' (@Laptoptoken), which is associated with the LAPTOP token. The token is scheduled to launch on the Base network on September 9, with its contract address and official website already released. According to the project website, LAPTOP has a total supply of 1 billion tokens, with 35% unlocked at TGE and the remainder fully unlocked over 36 months. Token allocation includes 30% for the founding team, 30% for prediction market tokens, 20% for airdrops, 10% for liquidity, 5% for the foundation treasury, and 5% for charity. The prediction market component is tied to real-world events such as politics, crypto, and culture; if an event materializes, corresponding tokens are burned, otherwise they are donated to charity. The project claims to have undergone a security audit by Hacken. ChainCatcher warns users to verify information sources and avoid interacting with unknown links or contracts to protect their assets.

According to a Wall Street Journal report cited by BlockBeats, Hunter Biden, son of former U.S. President Joe Biden, said he will launch a meme token called $LAPTOP on Sept. 9 on Base, the blockchain network backed by Coinbase. The project is built around the political controversy known as the Hunter Biden laptop story and frames itself as a community token tied to political figures, public events, and meme culture rather than a new blockchain infrastructure or financial product. The token will have a total supply of 1 billion. Of that amount, 30% will be held by the founding team, including Hunter Biden, with a six-month lockup and vesting over two years. Another 20% will be distributed in two rounds to $TRUMP losers, Hunter Biden’s Substack subscribers, and users on an email list maintained by video journalist Andrew Callaghan. The project also includes an event-based burn structure that could remove as much as 30% of supply depending on the outcome of 30 preset events. If those outcomes do not occur, the corresponding tokens will be donated to charity.

Page data on X shows that a suspected official account for Hunter Biden’s meme coin project, $LAPTOP, has appeared online along with a token contract address. The account, Laptop (@Laptoptoken), is followed by Hunter Biden’s official Twitter account and carries the bio 「Coming to @base September 9」. The disclosed contract address matches details that had circulated earlier. The development follows a prior Wall Street Journal report that said Hunter Biden was preparing to launch a meme coin themed around his 「laptop」 controversy, with the token set to go live on Coinbase’s Base network on Sept. 9. According to people cited in that earlier report, the token would have a total supply of 1 billion, with 30% allocated to the founding team including Hunter Biden, subject to a six-month lock and a two-year vesting schedule. Another 20% was said to be earmarked for two rounds of distribution to investors who lost money buying Trump meme coin $TRUMP and to Hunter Biden’s Substack subscribers, among others. BlockBeats said the currently available information remains unconfirmed and is still based on community speculation, warning users not to interact with unfamiliar links.