TL;DR:
- Hunter Biden is defending LAPTOP ahead of its Base launch, calling TRUMP a “grift” and pointing to losses among nearly one million wallets.
- LAPTOP allocates 20% of supply to community airdrops, including Substack subscribers and wallets that lost money on TRUMP, while founders receive 30%.
- Another 30% is linked to political, crypto and cultural predictions, with tokens burned if outcomes occur or donated to charity if they do not later.
Hunter Biden is defending the launch of LAPTOP, a new memecoin scheduled to debut Wednesday on Base, framing the project as an attempt to reclaim a controversy that followed him for years. He also described President Donald Trump’s TRUMP token as a “grift,” pointing to figures he cited showing nearly one million wallets with a combined $3.8 billion in losses. Biden’s pitch turns a politically charged personal episode into a crypto product built around symbolism and targeted distribution. LAPTOP will have a total supply of 1 billion tokens, with its Base contract already published.
For years, Trump and right-wing media have been asking, “Where’s Hunter? Where’s Hunter?” Well, here I am. Clear, strong, seven years sober, and with a lot to say.
By now, you may have seen the article in the Wall Street Journal that I’m launching a meme coin called $LAPTOP.…
— Hunter Biden (@HunterBiden) September 8, 2026
The project reserves 20% of LAPTOP’s supply for community airdrops. Half of that allocation will be distributed through an initial claim, including 8% for subscribers to Biden’s “Where’s Hunter?” Substack and 2% for wallets that suffered losses on TRUMP. Another 10% is set aside for a future airdrop. The distribution plan deliberately links LAPTOP’s growth strategy to audiences already connected with Biden or politically branded crypto trading. Founders, including Biden, will receive 30% of supply, subject to a six-month lock followed by vesting over two years, limiting immediate access to their allocation.
LAPTOP Ties Token Supply To Predictions And Community Distribution
Another 30% of LAPTOP is tied to 30 predictions covering politics, cryptocurrency and culture. Tokens associated with outcomes that occur will be permanently burned, while tokens linked to predictions that fail will instead be donated to charity. The mechanism makes future political and crypto events part of the token’s supply design rather than simple marketing references. Additional allocations include 10% for liquidity, 5% for the Phoenix Veritas Foundation treasury and 5% for charity. The project says 35% of total supply will be unlocked at the token generation event, creating a sizable circulating amount from launch.
The rollout has already drawn pushback from parts of the crypto community. Kraken removed a promotional post after criticism, Andrew Callaghan distanced himself after his audience was included in a planned distribution, and Base executives emphasized they did not help design or promote the token. Biden is positioning LAPTOP as expression rather than a promise of investment returns, even as market attention builds around the launch. He told potential buyers not to expect him or anyone else involved to increase the token’s value, while prediction-market traders were already speculating on LAPTOP’s fully diluted valuation before trading began on Base.
