Hunter Biden launches LAPTOP memecoin amid investor backlash
The token's structure, with founders retaining 30% of supply and a burn mechanism tied to the 2028 election outcome, has drawn sharp criticism from investors who lost money on $TRUMP.
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The token's structure, with founders retaining 30% of supply and a burn mechanism tied to the 2028 election outcome, has drawn sharp criticism from investors who lost money on $TRUMP.
With 30% of supply earmarked for burning tied to political outcomes like a 2028 Democratic win, LAPTOP is as much a political statement as a speculative token.
Most of the 20,085 first-day wallets have not sold, so Nansen's six-figure losses are still largely unrealized. The team is adding 4M tokens to Aerodrome liquidity pools from Sept. 10.
The token's tokenomics include a 20% allocation for investors burned by the TRUMP meme coin and a burn mechanism tied to a Democratic win in 2028, making it as politically loaded as its name.