Biden-Backed Memecoin Targets TRUMP Investors with Token Giveaway
Hunter Biden is preparing to enter the memecoin market with LAPTOP, a token that will distribute part of its supply to investors who lost money on President Donald Trump's Official Trump (TRUMP) cryptocurrency.
The project has a total supply of one billion tokens, with 20% allocated to eligible recipients, including TRUMP investors who lost roughly 97% of their value since hitting a record high in January 2025.
LAPTOP's creators will retain a 30% share of the token supply and could later burn as much as three-tenths of all tokens in circulation if certain future milestones are reached, including Bitcoin (BTC) setting a new record high or a Democratic candidate winning the 2028 U.S. presidential election.