From Laptop to Ledger: Hunter Biden's 'LAPTOP' Meme Coin Lands on Base 🖥️

President Joe Biden's son, Hunter Biden, plans to launch a meme coin on September 9 named after his infamous laptop, according to a Wall Street Journal report citing sources familiar with the token issuance. The 'LAPTOP' token will launch on Base, the Ethereum layer-2 network affiliated with crypto exchange Coinbase.

The project is structured around a 1 billion total supply. Hunter Biden and the token's founders will hold 30% of the supply, which will be locked for six months and then gradually unlocked over a two-year period. The LAPTOP name stems from the laptop that was at the center of a political controversy during the Biden administration.

Holders who lost money on the TRUMP meme coin, a token with ties to President Donald Trump, will receive an allocation of up to 20% of LAPTOP's supply. The meme coin is positioned as a jab at President Trump. The remaining tokenomics details and distribution plan were attributed to founders cited by the WSJ.

The development comes as the meme coin sector continues to attract high-profile launches tied to political figures and cultural moments. Base has become a popular venue for such issuances due to its low transaction costs and integration with Coinbase's user base. The Wall Street Journal noted that the LAPTOP token will be distributed to eligible TRUMP holders based on their documented losses, though final allocation formulas have not been publicly disclosed.

The September 9 launch date places the LAPTOP meme coin directly into a crowded field of politically branded tokens, with both $TRUMP and $LAPTOP now positioned as competing entrants in the niche.