Hunter Biden to launch $LAPTOP memecoin on Base

Hunter Biden is set to launch the $LAPTOP memecoin on the Base layer‑2 network on September 9. The token will have a fixed supply of 1 billion tokens and a tokenomics structure that includes founder lock‑up, an airdrop, operational reserves, and a conditional burn pool.

Token supply and founder lock‑up

The total supply of $LAPTOP is 1 billion tokens. Thirty percent (300 million) is allocated to founders, including Biden, and is locked for six months after launch. After the lock‑up period, the tokens vest linearly over two years, with the final unlock scheduled for September 2028.

Airdrop targeting

Twenty percent of the supply (200 million tokens) will be distributed in two airdrop rounds:

• Round 1 targets wallets that are underwater on the $TRUMP memecoin, which has lost roughly 97 % of its value since its peak.
• Round 2 is reserved for Biden’s Substack subscribers and the mailing list of Channel 5 journalist Andrew Callaghan.

The airdrop does not require a purchase; eligibility is based on on‑chain loss data for $TRUMP and subscription status for the listed newsletters.

Operational reserve

Another 20 % (200 million tokens) is earmarked for operations, including exchange listings, market‑making, liquidity provision, charitable donations, and legal and accounting costs. The project has not provided a detailed breakdown of how these tokens will be allocated.

Conditional burn pool

The remaining 30 % (300 million tokens) is placed in a conditional burn pool tied to 30 preset events. If an event occurs, the corresponding tranche is burned; if the condition is not met, the tokens are donated to charity and are not returned to the founders. Three disclosed conditions are:

1. A Democratic win in the 2028 U.S. presidential election.
2. Bitcoin reaching a new all‑time high.
3. $LAPTOP’s market cap overtaking $TRUMP’s market cap.

The other 27 conditions have not been publicly revealed.

Why Base?

The launch on Base, Coinbase’s Ethereum layer‑2, provides institutional credibility and higher transaction volume compared with the Solana network, which has hosted most prior political memecoins.

Context of $TRUMP losses

The $TRUMP token is trading around $2.25, down 97 % from its $73.43 peak, with approximately 988,905 wallets holding combined losses of $3.81 billion. This loss pool forms the basis for the $LAPTOP airdrop’s first round.