LAPTOP Memecoin to Launch September 9th with Copycats Already Flooding Markets
Hunter Biden's memecoin, LAPTOP, is set to launch on September 9th on Coinbase's Base network. The token has a total supply of 1 billion tokens, with 20% reserved for airdrops, including wallets that lost money on the TRUMP token.
The founding team controls 30% of the supply, locked for six months and released gradually over two years. Up to 30% more could be burned based on triggering events such as Bitcoin setting a new all-time high or LAPTOP's fully diluted valuation surpassing TRUMP's market value.
In the first hour after Biden confirmed the launch, at least 14 copycat tokens appeared on other networks, trading a combined $6.9 million. The largest of these tokens was listed on Robinhood Chain and had a fully diluted valuation of $535,206.