Hunter Biden to Launch LAPTOP Coin, Airdropping to TRUMP Investors

Coinpedia2026/09/07 22:30

By:Coinpedia

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

Hunter Biden intends to launch the “LAPTOP” meme coin for both political retaliation and promotion for his personal blog.
20% of the token's supply will be airdropped to TRUMP meme coin holders and his publication’s subscribers.
The news has generated rug pull speculations, as well as copycat meme coins with millions of dollars in trading volume.

Hunter Biden, son of former President of the United States Joe Biden, plans to launch a meme coin dubbed “LAPTOP” on Wednesday, September 9, 2026. The name refers to Hunter’s infamous 2020 Laptop saga, now flipped to become recognizable political branding.

Hunter Biden to rival TRUMP coin with LAPTOP Coin

Notably, LAPTOP’s debut will feature a billion tokens on Coinbase’s layer-2 network, Base. 30% of the tokens will be allocated to Hunter and fellow co-founders, with an unlock period of six months and a full vesting period of two years.

Interestingly, 20% of the token’s supply will be airdropped to holders of the TRUMP meme coin, in addition to Biden’s Substack subscribers.

Notably, TRUMP coin has nosedived by over 97% from its January 2025 all-time high. This has raised rug pull accusations amid Trump’s $1.4 billion declared crypto venture profits.

Launching LAPTOP coin vindicates TRUMP holders, mocks Trump crypto ventures, and capitalizes on the internet’s love for political irony. It also serves as an extension of Hunter’s personal brand built through the Substack blog dubbed “Where’s Hunter?” with one of its entries titled “The Laptop”.

Burn 30% if Democrats win 2028 Presidency

Another compelling part of the LAPTOP tokenomics is a conditional 30% token burn following a 2028 Democratic presidential victory. The second prerequisite is Bitcoin (BTC) hitting a price of $126,080, which is just a little short of its all-time high.

Community Reaction

Scammers are actively capitalizing on the news to launch multi-chain copycat meme coins. Since the announcement, these tokens have attracted over $6.9 million in trading volume and counting.

Meanwhile, much of the crypto community on X branded the coin a potential rug pull. Others questioned its politically tied incentives, with inquiries as to whether it counts as voter manipulation.

Tags

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

1. Technology stocks fell sharply as investor interest shifted toward energy and selected defensive assets. From October 10 to 16, the Nasdaq 100 declined 5.49% and the S&P 500 fell 1.95%, while the Dow gained 0.67% and WTI crude rose 10.41%. BTC, ETH, and SOL declined 1.27%, 2.65%, and 4.44%, respectively. This week's technology earnings will be an important test of whether revenue growth, margins, and cash flow can justify current valuations. Better-than-expected results could help stabilize markets in the near term. 2. Crypto continues to see pockets of strong activity, but a broad-based altcoin season has yet to materialize. CoinMarketCap's (CMC) Altcoin Season Index stood at 54 as of the October 18 UTC daily observation, below the altcoin-season threshold of 75, while BTC dominance rose to 60.08%. Our proxy leverage ratio fluctuated between 4.00 and 4.07 during the week, showing no sustained increase and suggesting limited appetite for additional leverage. Meanwhile, as major exchanges expand access to traditional financial assets, the recent sell-off in AI-related equities could attract short-term speculative capital away from crypto. Such capital rotation could make it more difficult for a new altcoin season to take hold. 3. Papertrade's loss-to-mine model has generated significant interest across the crypto community. The protocol combines high-leverage derivatives trading with zero slippage and a mechanism that rewards trading losses with PAPER tokens. Across the eight complete UTC days from October 10 to 17, cumulative reported revenue reached approximately $56.08 million, including $51.90 million distributed to token holders. With growing participation from key opinion leaders (KOLs), Papertrade has reportedly ranked among the top three platforms by profitability in the broader market recently. Assets to watch: BTC, ETH, SOL, ARB, OP, SKHYNIX, SKHY, META, TSLA, LRCX, and SPCX. Key research priorities this week: Cash flow performance in technology earnings; the relative discount and holding costs of the two SK Hynix contracts; and U.S. initial jobless claims and PMI data. Weekly market data cover the period through October 16, while research information was verified through October 18. Observation periods are specified separately for each chart.

Bitget•2026/10/19 06:51