Hunter Biden wants to turn the “laptop” into a coin.
It went live on Coinbase’s Base on September 9 with the code $LAPTOP.
First, understand the structure. Total supply: 1 billion tokens. The founding team (including himself) holds about 30%: after the listing, their tokens are locked for 6 months, then released over the next two years. About 20% will be distributed via two rounds of airdrops: one part to the loss-making wallet <$TRUMP >, and the other to Substack “Where’s Hunter” subscribers before September 6, as well as to reporter Andrew Callaghan’s mailing list.
There are also liquidity provisions and market-making borrowing (GSR, G20 are mentioned in the disclosures).
In addition, there’s a batch of tokens tied to prediction market events—the outcome determines whether tokens are burned or donated to charity.
The project team disclosed things more honestly than the marketing: this is a Base ERC-20 community token, does not represent equity, cannot be staked, has no governance rights, and no share-buyback promise.
Its value comes only from sentiment. With 65% of the supply locked up or set for unlock over many years, what follows is a schedule for sell pressure.
This is a mirrored product for <$TRUMP >
. The Trump coin has pulled back about 97% from its peak; Hunter uses “airdropping to losers” to capture attention and drive traffic. Political opposition itself is liquidity. For the short term, watch the opening attention; for the mid term, watch when the founders’ holdings unlock.
It went live on Coinbase’s Base on September 9 with the code $LAPTOP.
First, understand the structure. Total supply: 1 billion tokens. The founding team (including himself) holds about 30%: after the listing, their tokens are locked for 6 months, then released over the next two years. About 20% will be distributed via two rounds of airdrops: one part to the loss-making wallet <$TRUMP >, and the other to Substack “Where’s Hunter” subscribers before September 6, as well as to reporter Andrew Callaghan’s mailing list.
There are also liquidity provisions and market-making borrowing (GSR, G20 are mentioned in the disclosures).
In addition, there’s a batch of tokens tied to prediction market events—the outcome determines whether tokens are burned or donated to charity.
The project team disclosed things more honestly than the marketing: this is a Base ERC-20 community token, does not represent equity, cannot be staked, has no governance rights, and no share-buyback promise.
Its value comes only from sentiment. With 65% of the supply locked up or set for unlock over many years, what follows is a schedule for sell pressure.
This is a mirrored product for <$TRUMP >
. The Trump coin has pulled back about 97% from its peak; Hunter uses “airdropping to losers” to capture attention and drive traffic. Political opposition itself is liquidity. For the short term, watch the opening attention; for the mid term, watch when the founders’ holdings unlock.
