📣 Hunter Biden launched the LAPTOP memecoin
The token was launched on the Base network and named after the notorious laptop of Biden, which became the center of a high-profile political story in the US.
• 30% of tokens are held by the founders, including Biden himself; they are locked for 6 months with vesting over 2 years
• 20% were distributed in two waves: to those who lost money on the TRUMP memecoin and to the journalist Andrew Callahan’s mailing list
• Another 30% is reserved for burning when one of 30 pre-agreed events occurs, including the Democrats’ victory in the 2028 election and TRUMP’s market cap exceeding certain levels
• Journalist Callahan publicly disowned the project, stating that he has nothing to do with it
• The crypto community criticized the launch even before it went live; the head of the Base team at Coinbase publicly distanced himself from the token
After the launch, the most interesting part began
• One trader bought LAPTOP for $250,000, then sold most of it for $1.18 million, making over $1 million in the first minutes. His wallet still holds tokens worth $110,000
• Another trader caught FOMO, bought at the peak, and turned $200,000 into $3,000
And in the end, the much-hyped shitcoin collapsed by -97%)
$BTC
The token was launched on the Base network and named after the notorious laptop of Biden, which became the center of a high-profile political story in the US.
• 30% of tokens are held by the founders, including Biden himself; they are locked for 6 months with vesting over 2 years
• 20% were distributed in two waves: to those who lost money on the TRUMP memecoin and to the journalist Andrew Callahan’s mailing list
• Another 30% is reserved for burning when one of 30 pre-agreed events occurs, including the Democrats’ victory in the 2028 election and TRUMP’s market cap exceeding certain levels
• Journalist Callahan publicly disowned the project, stating that he has nothing to do with it
• The crypto community criticized the launch even before it went live; the head of the Base team at Coinbase publicly distanced himself from the token
After the launch, the most interesting part began
• One trader bought LAPTOP for $250,000, then sold most of it for $1.18 million, making over $1 million in the first minutes. His wallet still holds tokens worth $110,000
• Another trader caught FOMO, bought at the peak, and turned $200,000 into $3,000
And in the end, the much-hyped shitcoin collapsed by -97%)
$BTC
