LAPTOP Meme Coin Launch Set for Wednesday, TRUMP Coin Down 97%

Hunter Biden’s laptop is being transformed into a digital token named LAPTOP, scheduled for release on Wednesday via the Base blockchain, which was created by Coinbase.

According to the Wall Street Journal, the initiative targets President Donald Trump. The founders, including Hunter Biden, will receive almost one-third of the tokens.

HUNTER BIDEN TO LAUNCH $LAPTOP MEME COIN, SOURCES SAY — WSJ

HUNTER BIDEN'S $LAPTOP MEME COIN TO LAUNCH SEPT. 9 ON COINBASE-AFFILIATED BLOCKCHAIN, SOURCES SAY — WSJ

HUNTER BIDEN, FOUNDERS OF $LAPTOP TO HOLD 30% OF 1B TOKENS ISSUED, SOURCES SAY — WSJ

ANOTHER $LAPTOP ALLOTMENT…

— *Walter Bloomberg (@DeItaone) September 7, 2026

Why the Coin Is Called LAPTOP

The laptop exists and has been acknowledged by a court. In 2018, Hunter Biden dropped it off at a repair shop in Wilmington, Delaware. The data from the device circulated online ahead of the 2020 election and fueled years of criticism regarding his foreign business activities.

Federal prosecutors employed the same laptop against Hunter Biden in 2024. An FBI agent stated that the serial number corresponded with Apple’s records. Biden’s legal team contended that the data had been modified. The judge still allowed it into evidence.

The token is launching after the fact. Joe Biden’s presidency ended in January 2025, and the Trump family had already entered the space. BeInCrypto noted that Barron Trump’s cryptocurrency holdings were worth roughly $150 million by late 2025.

Hunter Biden has been publicly embracing crypto. On X, he recently described decentralized digital currencies as the unavoidable direction ahead. He also commented on the dispute between World Liberty Financial, the Trump family's project, and entrepreneur Justin Sun.

The token release occurs during a multi-week media tour. Biden, who is 56 years old, has appeared on podcasts, news programs, and his own Substack, occasionally alongside conservative hosts.

Who Actually Gets the Coins

The portion of tokens designated for those who lost money on TRUMP is not exclusively for them. According to the Journal, the distribution happens in two phases. Wallets belonging to individuals who incurred losses on TRUMP will receive an allocation. Biden’s Substack subscribers and the mailing list managed by his friend, video journalist Andrew Callaghan, will also get a share.

This means the airdrop resembles a reward for his own followers as much as a bailout for Trump investors.

The last 20% of the token supply serves purposes beyond philanthropy. It includes providing liquidity for exchange partners and market makers. A portion goes to the foundation that supports the token, covering its legal and accounting expenses.

The 30% Burn Is a Long Shot

The total supply amounts to 1 billion tokens. The founders possess 30% of the tokens, which are locked for six months and become fully vested after two years. Two separate 20% portions are allocated for airdrops and the token's operational expenses.

The token burn serves as the selling point. As much as 30% of the supply could be removed, but only if 30 specified conditions occur in the correct manner. Three of the listed events are particularly challenging.

One condition is a Democratic victory in the 2028 election. Another is a new all-time high for Bitcoin (BTC), which is currently trading around $78,780, compared to its peak of $126,080 from last October. That would require a 60% increase from current levels.

The third condition is more demanding than it appears. LAPTOP must surpass TRUMP in fully diluted valuation, which is approximately $2.26 billion. To achieve that, LAPTOP would need a market value roughly 3.7 times that of TRUMP, equating to about $2.26 per token.

TRUMP serves as a cautionary tale. It is currently trading around $2.26, roughly 97% lower than its January 2025 high of $73.43. The Wall Street Journal estimated its peak market value at nearly $15 billion, compared to approximately $617 million today.

BeInCrypto observed that all tokens endorsed by Donald Trump are now trading about 60% below their prices before the endorsements.

The Rule That Would Not Cover Him

Donald Trump’s cryptocurrency earnings are documented. His most recent financial disclosure forms revealed $1.4 billion from his meme coin and other crypto ventures last year, as reported by the Journal.

Congress has attempted to establish boundaries. The Clarity Act aims to create a single regulatory framework for digital assets. The legislation has stalled, in part due to language that would prohibit officials and their relatives from making money from cryptocurrency.

That language would not apply to Hunter Biden. His father departed the White House in January 2025.

No contract address has been made public yet, and scammers have previously executed similar schemes. In February 2025, a compromised World Liberty Financial account promoted a counterfeit BARRON meme coin.

The fake token continued trading even after the fraud was revealed. Until Hunter Biden or his associates release a contract address, any LAPTOP token encountered should be considered fraudulent.