CoinDesk
Hunter Biden launched his LAPTOP memecoin on Wednesday with a pointed framing: "They turned laptop into a weapon. I turned it into a token." The launch is structured as a politically charged answer to years of personal attacks, with LAPTOP earmarking 20% of its supply for community airdrops to roughly one million wallets that lost a combined $3.8 billion on Donald Trump's TRUMP token since its 2025 peak. The debut lands after Kraken deleted a promotional post and Base executives publicly distanced themselves from the project.
Why it matters
Politically branded memecoins have become a recurring flashpoint in the crypto trading community, where accusations of insider enrichment and retail bag-holding drive rapid price discovery and equally rapid backlash. LAPTOP's structure borrows from that template: 20% to community airdrops with TRUMP losers prioritized, 30% tied to political, crypto and cultural predictions (burned if the call is right, donated if wrong), and 30% to founders under lockup and vesting. The prediction market layer is the unusual piece, a tradable bet on outcomes curated by Biden and his team.
Market impact
The early signal was hostile rather than welcoming. Kraken pulled a promotional LAPTOP post after traders criticized it on social media, and Base founder Jesse Pollak stressed his team had made a "conscious decision" not to help design or promote the project. Andrew Callaghan of Channel 5 distanced himself after his audience was included in a planned distribution. The pattern is familiar: a politically branded token attracts attention, then the exchanges and infrastructure providers step back to avoid endorsing it, leaving retail to price the project on its own.
Frequently asked questions
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What is the LAPTOP memecoin?
LAPTOP is a memecoin launched by Hunter Biden on the Base blockchain, framed as a way to reclaim the laptop scandal that followed him for years. It launches Wednesday with 20% of its supply allocated to community airdrops, including wallets that lost money on Donald Trump's TRUMP token.
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How much money did TRUMP holders lose?
Hunter Biden cited figures showing nearly one million wallets lost a combined $3.8 billion on the TRUMP token since its 2025 peak. The LAPTOP project is earmarking 20% of its supply for airdrops to those wallets as a goodwill gesture.
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Why did Kraken delete the LAPTOP promotional post?
Kraken pulled a promotional LAPTOP post after crypto traders criticized it on social media ahead of launch. The exchange has not publicly commented on the deletion or explained its reasoning.
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Did Base help build the LAPTOP token?
No. Base founder Jesse Pollak said the project had approached his team, but Base made a "conscious decision" not to help design or promote it. The chain is hosting the token but is not formally partnered with the team.
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What is LAPTOP's token distribution?
20% is reserved for community airdrops including TRUMP losers, 30% is tied to predictions (burned if correct, donated if wrong), and 30% goes to founders under lockup and vesting. The remaining 20% covers liquidity and other project functions.
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