$LAPTOP Meme Coin Brings Back Biden Laptop Scandal

Hunter Biden is launching his own meme coin, $LAPTOP, on Wednesday using Coinbase's blockchain network Base. The project will have a total supply of 1 billion tokens, with nearly a third allocated to Biden and his fellow founders.

The remaining tokens will be distributed as follows: up to 20% for investors who lost money on President Trump's $TRUMP token, 10-30% for charity or liquidity needs, and the rest for Biden's Substack subscribers and a foundation covering project expenses.

The coin's value is expected to fluctuate due to its novelty and lack of intrinsic value. Some analysts warn that meme coins like $LAPTOP often plummet after an initial speculative surge.