Biden Launches LAPTOP Memecoin Amid Controversy Over Laptop Scandal
Hunter Biden has launched his new memecoin, LAPTOP, on the Base network. The token's supply is split into several parts, including 20% for community airdrops, with some tokens set aside for wallets that lost money holding TRUMP.
TRUMP has fallen about 98% from its peak, with nearly 989,000 wallets sitting on combined unrealized losses of $3.81 billion. Biden defended his LAPTOP memecoin, saying it's meant to take ownership of the laptop controversy and 'reclaim' the issue.
The token's supply is also tied to 30 political, crypto, and cultural predictions. If a prediction comes true, those tokens get burned; if not, they go to charity instead.