Hunter Biden Launches LAPTOP Memecoin on Base

Hunter Biden introduced a new politically themed memecoin called LAPTOP on the Ethereum layer‑2 network Base. The token opened at $199.50 and dropped to $26.88 within 30 minutes, recording over $2.5 million in trading volume.

Token Structure and Distribution

LAPTOP is described as a digital collectible with no utility, voting, or profit‑sharing rights. The total supply is fixed at 1 billion tokens, with 350 million circulating at launch.

• Founders, including Biden, receive 300 million tokens (30% of supply); these are locked for six months and then vested monthly over the next 24 months.
• Another 30% is tied to political, cultural and crypto predictions, with tokens burned or redirected to charity based on outcomes.
• Airdrop allocations total 20% of supply: 10% in the initial round (2% reserved for wallets that lost money on the TRUMP token and 8% for subscribers to Biden’s “Where’s Hunter” Substack), and a future 10% at the foundation’s discretion.

Community Reaction

The launch drew criticism from digital investigators and commentators, who labeled LAPTOP a “shitcoin” and warned against buying it. Base’s founder, Jesse Pollak, confirmed that Base did not assist with the token’s design or promotion.

Political Context

The token is positioned as an attempt to reclaim the “laptop narrative” surrounding Hunter Biden’s alleged laptop files published before the 2020 election. Biden has previously criticized other politically linked crypto projects, calling the TRUMP token a “grift.”

Market Performance

Within the first half‑hour of trading, LAPTOP lost 86.5% of its value, highlighting the volatility typical of meme‑driven tokens.