Biden Son Launches Memecoin Linked to Infamous Laptop, Targets Trump Investors

Hunter Biden, son of former US President Joe Biden, is launching a memecoin based on his infamous laptop. The laptop's existence and contents were scrutinized before the 2020 election. The new token will have a one-billion token supply, with 20% set aside for substack subscribers, members of a mailing list, and investors in Official Trump (TRUMP), which has dropped by about 97% since reaching an all-time high price in January 2025.

The LAPTOP founders will hold 30% of the token supply and may burn up to 30% depending on certain events. These include a Democrat winning the presidency in 2028, the price of Bitcoin (BTC) reaching an all-time high, and LAPTOP's fully diluted value exceeding TRUMP's.

The launch could draw attention to Trump's crypto ventures as lawmakers consider regulating the industry through the Digital Asset Market Clarity Act. The bill is set for a cloture vote in the Senate on September 15.