TREE NEWS update: Hunter Biden, son of former US President Joe Biden, will launch a meme coin named LAPTOP themed around the ‘laptop’ incident, scheduled to go live on Coinbase’s Base network on September 9. The token has a total supply of 1 billion, with 30% held by the founding team. The rest will be allocated to investors who lost money on Trump’s meme coin TRUMP and Hunter Biden’s Substack subscribers. The project may burn up to 30% of tokens based on 30 preset events, including Democrats winning the 2028 presidential election, Bitcoin setting a new all-time high, and LAPTOP’s fully diluted valuation exceeding TRUMP’s.
Hunter Biden to Launch LAPTOP Meme Coin on Base Sept 9
This launch turns a political controversy into a tradable asset, a move that underscores how meme coins are increasingly used to monetize public narratives. The distribution strategy—targeting holders of a rival political figure's token and a niche subscriber base—signals a deliberate attempt to build a community from existing crypto-political engagement. The conditional burn mechanism tied to political and market events is notable, as it makes the token's supply partly contingent on external outcomes, which could create unusual volatility around those triggers. The key question is whether such narrative-driven tokens can sustain interest beyond the initial hype, especially given the significant team allocation.
Generated by AI for reference only.
Share on WeChat
Open WeChat → Scan → then tap "…" to send to a chat or Moments.
Tap "…" in the top-right corner to send to a chat or share to Moments.