Crypto
Biden Launches Meme Coin LAPTOP Amid Counterfeit Token Chaos
Hunter Biden's new meme coin, LAPTOP, is set to launch on Coinbase's Base network on September 9. The token will have a 1 billion supply and a founding team that includes Biden himself, who takes 30% of the tokens, locked for six months and then released over about two years.
The project also reserves 20% of its supply for airdrops, including wallets that lost money on Donald Trump's TRUMP coin. This is likely a nod to the controversy surrounding the laptop tied to Biden in 2020, which was left at a repair shop and later leaked.
However, before the official launch, counterfeit LAPTOP tokens have already appeared on chains like Solana, BNB Chain, and TON, changing hands for roughly $6.9 million combined.