Hunter Biden plans to launch something named on September 9th. LAPTOP The Meme coin. Previously, media reports stated that this token would be launched on the Base chain supported by Coinbase, with a total supply of 1 billion coins. Once the project was revealed, it quickly attracted attention.
Token allocation has been disclosed.
According to The Wall Street Journal, the founding team, including Hunter Biden, will hold 30% of the token supply, which will be locked for 6 months. The project also plans to allocate 20% of the supply through two rounds of free distribution to specific groups of people.
- The online network is Base.
- The total token supply is 1 billion tokens.
- The team holds a 30% stake, which is locked for 6 months.
Eligible recipients include users who have traded Meme coins with TRUMP and incurred losses, as well as subscribers to Hunter Biden's personal communications. Video journalists who are closely related to him and subscribers to his email list are also within this scope. However, Callaghan later stated that they did not participate in the issuance of these coins.
20% targeted at those who have suffered losses of TRUMP
The most notable aspect of this distribution arrangement is that a portion of the tokens will be reserved for those who suffered losses in the TRUMP token transaction. Trump's homonymous Meme coin was launched in January 2025, and its price subsequently dropped significantly within a few days of its launch, which also sparked ongoing skepticism from the outside world regarding the celebrity token model.
In the past two years, there has been an increasing number of cases where political figures have issued Meme tokens. In addition to Donald Trump and Melania Trump, former New York Mayor Eric Adams also announced the issuance of NYC Token in January this year. Such tokens usually lack a clear purpose, and their prices are more driven by social media popularity.
Creating a stir around the "notebook" controversy
From the video content released by Hunter Biden, it is evident that the project has made use of the long-standing political controversial tag “laptop”, which refers to the public opinion incident surrounding his personal computer during the 2020 US presidential election.
Public information shows that Hunter Biden sent a computer to a repair shop in Delaware in April 2019, which was later seized by the Federal Bureau of Investigation (FBI) several months later. The related equipment has since become a controversial topic in American political discourse. This cryptocurrency initiative also quickly attracted criticism on social media platform X, with some users questioning whether it is essentially no different from the previously criticized celebrity tokens.
