Hunter Biden is about to make money off the laptop.
The Wall Street Journal reported Monday that the former first son plans to launch a meme coin called $LAPTOP on Base, the network Coinbase built, on Wednesday.
It's named after the computer he left at a Delaware repair shop in 2019, the one whose contents leaked before the 2020 election and trailed him for years. Hours after the story ran, he confirmed it himself, posting the ticker on X over a montage of Fox anchors and Trump-world figures saying the words "Hunter Biden's laptop."
The design is a troll top to bottom, there's one billion tokens. About 20% gets airdropped to people who lost money on Trump's own meme coin, plus Hunter's Substack subscribers and a mailing list run by his friend, gonzo journalist Andrew Callaghan.
Another 30% or so is tied to roughly 30 real-world events, and if one hits, those coins get burned, which raises the value of the rest. The triggers people keep flagging: Democrats winning in 2028, Bitcoin setting a record, and $LAPTOP passing TRUMP in value.
Hunter and the founders keep about 30% for themselves, locked six months, vesting over two years.
TRUMP launched in January 2025, ran toward a $15 billion valuation and then collapsed, down around 97%. Per the New York Times, close to a million buyers lost a combined $3.81 billion when it crashed, a slide hastened by the competing $MELANIA launch, while Trump himself pocketed about $600 million. Those are the people Hunter is airdropping to.
The usual warnings apply and crypto watchers are already saying "rug pull," and eyeing the burn-if-Democrats-win mechanic as a strange thing to dangle in an election. Fake LAPTOP tokens popped up across several networks within an hour of Monday's report and started pulling in real money. If you're buying, wait for the verified address and treat everything else as a scam.
There's been talk in Washington of barring officials and their families from cashing in on crypto.
