$LAPTOP Memecoin Targets TRUMP Holders with $1 Billion Supply
Hunter Biden's latest crypto venture, the $LAPTOP memecoin, is set to launch on September 9 through Coinbase's Base network. The token will have a total supply of 1 billion, with 20% allocated for airdrops to TRUMP investors and others who lost money on Trump's TRUMP memecoin.
The project also includes a novel supply model that ties the number of tokens removed from circulation to predefined scenarios, such as a Democrat winning the 2028 presidential election or $LAPTOP exceeding TRUMP in value. The price of the token will depend on market sentiment, attention, and liquidity.
The launch of LAPTOP has already generated some speculation, with copycat tokens emerging on other blockchains. This move is seen as a direct response to the struggles faced by TRUMP investors after their token's market capitalization plummeted from $15 billion to around $600 million.