Hunter Biden Confirms LAPTOP Memecoin Launch On Sept. 9
Hunter Biden announced the launch of a memecoin called LAPTOP scheduled for September 9 on Coinbase's Base network, with 20% of the 1 billion token supply reserved for airdrops targeting users who lost money on the TRUMP memecoin and Biden's social media subscribers. Within minutes of the announcement, at least 14 copycat tokens emerged on competing blockchain networks, collectively trading $6.9 million in volume.
Why It Matters
The launch represents a notable convergence of cryptocurrency speculation and political figures, following the recent TRUMP memecoin craze that saw massive price declines after its January peak. The rapid proliferation of counterfeit versions underscores ongoing security and fraud concerns in the memecoin space, where investors face substantial risks from both market volatility and scams.
Key Facts
- Launch Date: September 9, 2025
- Token Supply: 1 billion total, with 30% to founding team, 20% for airdrops, 20% for liquidity and listings, up to 30% for burns
- Network: Coinbase's Base network
- Copycat Tokens: At least 14 appeared within one hour across four other networks, trading $6.9 million
- TRUMP Memecoin Status: Down 97% from its January 19 peak of $73.43, currently trading at $2.25
Hunter Biden confirmed the cryptocurrency launch through his verified X account on Monday morning, sharing the token ticker and September 9 date alongside a clip from Fox News coverage of his laptop. The announcement came just minutes after The Wall Street Journal reported details of the initiative, in which Biden is listed as part of the founding team. The post rapidly accumulated hundreds of thousands of views within its first hour.
The LAPTOP memecoin's distribution strategy includes a targeted airdrop component designed to compensate holders who experienced losses on the TRUMP memecoin, which launched in mid-January and subsequently declined sharply from its peak. The airdrop also extends to Biden's Substack subscribers and individuals on a mailing list maintained by video journalist Andrew Callaghan. According to available tokenomics details, the founding team holds 30% of supply with a six-month lock-in period, while additional allocations support liquidity, exchange listings, and legal requirements.
The announcement immediately sparked activity across the cryptocurrency ecosystem, with operators creating at least 14 different tokens bearing the LAPTOP name on alternative blockchain networks including Robinhood Chain, Solana, TON, and BNB Chain. These counterfeit versions generated significant trading volume despite lacking connection to the official launch, collectively moving $6.9 million in their first hour. The largest copycat token achieved a market capitalization exceeding $500,000 and processed millions in transaction volume through a single trading pool.
Notably, a token already trading under the LAPTOP ticker existed on Base since June, raising unresolved questions about whether the September launch will utilize the same ticker or contract address. Biden has not published comprehensive details through official channels, with his X post containing no contract address or website reference, though his art site does list Bitcoin as a payment option. The parallel activity with copycat tokens illustrates ongoing challenges in distinguishing legitimate cryptocurrency projects from opportunistic imitations in an increasingly crowded memecoin marketplace.
Keep Reading
Bitcoin’s golden cross is here
Hunter Biden wants to launch a LAPTOP memecoin. Crypto traders hate it already
Bit2Me sets up specialized unit to help law enforcement track down crypto assets
