Hunter Biden Taps Laptop Scandal for New Memecoin, Targets Trump Supporters
Hunter Biden, son of former President Joe Biden, is set to launch a new memecoin named LAPTOP on Base, a Layer 2 blockchain developed by Coinbase Global Inc. (NASDAQ:COIN), on Wednesday.
The coin's name references the scandal surrounding Hunter Biden's personal laptop in 2020, which contained messages detailing his foreign business transactions and explicit photos.
LAPTOP will issue one billion tokens, with 30% retained by the founders, including Hunter Biden, for six months before they fully vest in two years. The team is reportedly planning an airdrop of 20% of LAPTOP's supply to wallets of people who lost money on Trump's Official Trump (CRYPTO: TRUMP) memecoin.