Hunter Biden's LAPTOP Meme Coin Launches Amid Controversy
Hunter Biden's new meme coin, LAPTOP, is set to launch on September 9 on the Base blockchain. The project combines internet culture, politics, and prediction-based tokenomics. It will have a fixed supply of 1 billion tokens, with 20% allocated to airdrops.
The token takes its name from the controversy surrounding Hunter Biden's laptop during the 2020 U.S. presidential election. The device was left at a Delaware repair shop and contained emails, business dealings, and personal files that were subject to media scrutiny.
LAPTOP will have a prediction-based system that allocates 30% of the supply to 30 events related to politics, crypto, culture, and projects. Depending on the outcome of these predictions, associated tokens may be burned or redirected to charitable causes. Another 30% is allocated to the founders.
The launch has generated controversy, with critics arguing that celebrity and politically affiliated meme coins allow public figures to monetize their notoriety while exposing retail investors to highly speculative assets. The performance of high-profile political tokens, such as President Donald Trump's TRUMP coin, has also been questioned.