【Hunter Biden Announces Meme Coin LAPTOP to Launch on Base Network】
Hunter Biden, the son of former U.S. President Joe Biden, plans to launch a meme coin called LAPTOP on the Base network on September 9 via Coinbase. The project aims to capitalize on the “laptop” incident’s hype, with a total supply set at 1 billion tokens. In terms of token allocation, the founding team will hold 30%, while the remainder will be distributed to investors who previously bought the Trump meme coin TRUMP but suffered losses, as well as to Hunter Biden’s Substack subscribers. Notably, the project sets 30 preset event-trigger conditions; if they are met, up to 30% of the tokens may be burned. These conditions include the Democratic Party winning the 2028 presidential election, Bitcoin setting new all-time highs, and LAPTOP’s fully diluted valuation exceeding TRUMP, among others. If the targets are not reached, the corresponding tokens will be donated to charities. Hunter Biden has recently been frequently speaking publicly about cryptocurrencies, claiming that decentralized digital currencies are an “inevitable future.” This launch is another hallmark event showing deep involvement by a political celebrity in the issuance of a meme coin; its subsequent performance may affect market sentiment toward speculation in political-themed tokens. Investors should watch its trading volume after listing and whether the burn conditions are triggered.
Hunter Biden, the son of former U.S. President Joe Biden, plans to launch a meme coin called LAPTOP on the Base network on September 9 via Coinbase. The project aims to capitalize on the “laptop” incident’s hype, with a total supply set at 1 billion tokens. In terms of token allocation, the founding team will hold 30%, while the remainder will be distributed to investors who previously bought the Trump meme coin TRUMP but suffered losses, as well as to Hunter Biden’s Substack subscribers. Notably, the project sets 30 preset event-trigger conditions; if they are met, up to 30% of the tokens may be burned. These conditions include the Democratic Party winning the 2028 presidential election, Bitcoin setting new all-time highs, and LAPTOP’s fully diluted valuation exceeding TRUMP, among others. If the targets are not reached, the corresponding tokens will be donated to charities. Hunter Biden has recently been frequently speaking publicly about cryptocurrencies, claiming that decentralized digital currencies are an “inevitable future.” This launch is another hallmark event showing deep involvement by a political celebrity in the issuance of a meme coin; its subsequent performance may affect market sentiment toward speculation in political-themed tokens. Investors should watch its trading volume after listing and whether the burn conditions are triggered.