web3: Foreign media: Hunter Biden Meme faces a cold reception before the coin goes online
Coinpaper
1h ago
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Hunter Biden announces the launch of Meme coin LAPTOP, with foreign media reporting that community reactions are generally negative, and the market is concerned about the risks of early adoption and counterfeit currency issues.
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Foreign media reports that Hunter Biden posted token code on X LAPTOPAnd accompanied by a video related to their computer-related event, they officially started the preheating for their own Meme token. According to the disclosure, this token project is set to launch on September 9th. However, based on feedback from the community, this celebrity-led token launch did not receive much welcome.

Community reaction is mostly negative.

After the news spread, related discussions heated up quickly, but most of the comments in the comment section did not agree with it. Some users compared this coin issuance to the Meme coin previously launched by the Trump family, arguing that political figures or celebrities using traffic to issue coins has made the market tired of such projects.

The report mentioned that the market value of the similar tokens launched by Trump and Melania in 2025 has since fallen by more than 90% from its peak. One of the selling points of LAPTOP is that it is aimed at users who suffered losses from the TRUMP tokens, and it is stated that 20% of the total supply will be allocated for a airdrops.

Concerns about premature launch emerged before the launch.

Another concern in the market focuses on the timing of the launch. Since the token code was made public two days before the official launch, traders are worried that bots and early adopters could position themselves in advance, gaining an advantage at the moment when trading of the tokens begins, making it even more difficult for ordinary users to participate at normal prices.

The report also stated that within minutes of Hunter Biden's post, multiple users... LAPTOP Name-mimicking tokens have appeared on different networks. Since the official contract address has not yet been released, any tokens with the same name that are already in circulation in the current market are considered high-risk counterfeit coins.

Base and platform actions have also been overinterpreted.

Some discussions further point to the ecosystem where the coins are issued. LAPTOP is planned to go live on Base, while Base and Solana both face competition from new rivals in terms of trading volume this year on Meme. Reports mention that since the launch of Robinhood Chain based on Arbitrum in July, its daily transaction fee revenue has already surpassed that of these two established networks combined.

In this context, some in the community regard LAPTOP as another example of Base continuing to bet on the traffic of "celebrity coins." Meanwhile, Kraken reposted relevant content before deleting it, which was also interpreted by traders as the platform cooling down rapidly under community pressure.

Foreign media: The issue lies not only in popularity but also in trust.

The article argues that political figures and celebrities' tokens often receive a lot of attention in the initial phase, but what truly determines their trajectory is whether there is a second wave of buyers willing to continue supporting them after they are launched. Past cases have shown that if a project relies heavily on current buzz and if the control over the tokens is overly concentrated in the hands of the developers or associated addresses, the trading activity tends not to be sustainable.

The report also mentioned that discussions in the market regarding Hunter Biden's personal financial and legal background are also undermining traders' confidence. Based on this, the article concludes that LAPTOP may still attract short-term traffic in its initial stages of launch, but whether sustained trading can be established depends on whether the market is willing to regard it as more than just another cryptocurrency associated with a political celebrity, Meme.

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