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● LIVE Updated 1h ago · 15 sources tracked

Hunter Biden debuts 'LAPTOP' memecoin targeting TRUMP holders

Hunter Biden's newly launched LAPTOP memecoin on the Base network crashed 98% on its first day after reaching a peak price of $190.81 within two minutes of opening. Arkham data shows the fully diluted valuation hit about $144 billion during the brief surge before falling to $3.70 with liquidity at $2.5 million. Cryptoslate reports that more than 12,000 traders lost money as the token plunged over 95%. Token disclosures show allocations including a founder portion and an airdrop for wallets that suffered losses on the TRUMP coin.

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What changed

Market tracking data and post-launch analysis reveal that the LAPTOP token suffered a 98% crash within its first day after a two-minute price peak, leaving over 12,000 traders with financial losses.

Live updates

  1. Hunter Biden's LAPTOP Memecoin Crashes After Brief Peak

    Hunter Biden's newly launched LAPTOP memecoin on the Base network crashed 98% on its first day after reaching a peak price of $190.81 within two minutes of opening. Arkham data shows the fully diluted valuation hit about $144 billion during the brief surge before falling to $3.70 with liquidity at $2.5 million. Cryptoslate reports that more than 12,000 traders lost money as the token plunged over 95%. Token disclosures show allocations including a founder portion and an airdrop for wallets that suffered losses on the TRUMP coin.

    Why it matters

    The token release follows earlier market disruption that saw $6.9 million in copycat token trading before the official debut and immediate online backlash from crypto users fatigued by potential rug pulls. The project claims to target the memecoin grift by offering a restitution mechanism for previous investors, though the extreme volatility resulted in a fresh wave of financial losses. This event highlights the rapid rise and collapse cycles characteristic of politically themed cryptocurrency tokens on layer-2 networks.

    What is confirmed

    • Hunter Biden's LAPTOP memecoin launched on the Base network.
    • The token hit $190.81 within two minutes of opening on Base before falling to $3.70.
    • More than 12,000 traders lost money after the token plunged more than 95%.
    • Liquidity for the token stood at just $2.5 million following the crash.

    Still unconfirmed

    • Arkham displayed a fully diluted valuation of about $144 billion at the peak.

    What to watch next

    • Further trading volume and liquidity changes on the Base network
    • Official statements from the token founders regarding the steep price collapse
    Sources used for this update (4)
    1. cointelegraph.com — Hunter Biden’s laptop controversy gets a memecoin afterlife
    2. finance.yahoo.com — Hunter Biden’s LAPTOP Memecoin Peaks Just 2 Minutes After Launch as FDV Hits $144B
    3. finance.yahoo.com — Hunter Biden LAPTOP memecoin crashes 98% on first day
    4. cryptoslate.com — Hunter Biden launched LAPTOP to cure memecoin grift and created a whole new batch of losers
    confidence 90%

  2. Hunter Biden Launches LAPTOP Memecoin on Base

    Hunter Biden launched the LAPTOP memecoin on Coinbase's Base network on September 9, featuring a 1 billion supply. The token targets investors who lost money on the TRUMP coin by dedicating 20% of its supply to them through airdrops. Additional tokenomics include a 30% founder allocation and a burn mechanism tied to the 2028 election. The launch generated immediate controversy online, facing backlash from crypto users on Crypto Twitter who voiced fatigue over potential rug pulls, alongside $6.9 million in copycat token trading ahead of the release.

    Why it matters

    The token launch marks a direct challenge to political rivals, with Hunter Biden defending the project and comparing it to the TRUMP coin. Kraken deleted a promotional post regarding the project prior to its release. The debut has already drawn intense online scrutiny as digital asset traders handle the political token space.

    What is confirmed

    • Hunter Biden launched the LAPTOP memecoin on Coinbase's Base network on September 9.
    • The token features a 1 billion total supply.
    • A 20% allocation is reserved for traders who lost money on the TRUMP coin.
    • The project allocates 30% of the supply to founders.
    • The token includes a burn mechanism tied to the 2028 election and political prediction outcomes.
    • The announcement sparked 6.9 million dollars in copycat token trading prior to launch.
    • Kraken deleted a promotional post about the coin before it went live.

    Still unconfirmed

    • Crypto Twitter users expressed fatigue with memecoin-linked rug pulls following the announcement.

    What to watch next

    • Whether the 20% airdrop successfully reaches targeted TRUMP token victims and distributes as planned
    • How the event-based token burns tied to the 2028 election will be executed
    • Further actions or statements from exchanges regarding the trading of LAPTOP
    Sources used for this update (6)
    1. finance.yahoo.com — Hunter Biden’s $LAPTOP Memecoin Hits Base Sept. 9
    2. finance.yahoo.com — Hunter Biden launches $LAPTOP memecoin, trolls Trump by promising that 20% will be reserved for traders who lost money on president’s token
    3. blockonomi.com — Hunter Biden Launches LAPTOP Memecoin, Airdrops Tokens to TRUMP Token Victims
    4. blockonomi.com — Hunter Biden Launches LAPTOP Memecoin on Base Network
    5. coinpedia.org — Hunter Biden’s LAPTOP Memecoin Goes Live: Tokenomics Explained
    6. en.bitcoinsistemi.com — From Politics to Crypto: Hunter Biden Makes the Expected Announcement, Challenging Trump! “LAPTOP is Coming!”
    confidence 95%

  3. Hunter Biden to launch LAPTOP memecoin on September 9

    Hunter Biden is launching a memecoin called LAPTOP on Coinbase's Base network on September 9. The token features a 1 billion supply and targets traders who lost money on the TRUMP coin with a 20% allocation for those investors. The project includes a 30% founder allocation and a burn mechanism tied to the 2028 election. While the launch has already sparked 6.9 million dollars in copycat token trading, some crypto traders and critics have expressed early opposition to the project.

    Why it matters

    The coin is inspired by Hunter Biden's laptop. This move follows Biden's previous criticism of the Trump family's crypto ventures, which he described as corruption at a scale never seen before.

    What is confirmed

    • The LAPTOP memecoin launches on September 9 on Coinbase's Base network.
    • Twenty percent of the token supply is allocated for investors who took losses on the TRUMP coin.
    • The token has a total supply of 1 billion.
    • The launch has generated approximately 6.9 million dollars in copycat token trading within one hour.

    Still unconfirmed

    • The project plan includes burning up to 30% of the supply if Democrats win the 2028 election.
    • The tokenomics include a 30% founder allocation.

    What to watch next

    • The official token launch on September 9
    • The execution of airdrops to TRUMP coin holders
    • Market performance of the LAPTOP token relative to copycat versions
    Sources used for this update (12)
    1. CoinDesk — Hunter Biden debuts 'LAPTOP' memecoin targeting TRUMP holders
    2. CNN — Hunter Biden is reportedly launching a meme coin inspired by his infamous laptop
    3. WSJ — Exclusive | Hunter Biden (and His Laptop) Enter the Cryptosphere With New Meme Coin
    4. forbes.com — Hunter Biden Launching $LAPTOP Memecoin Amid Praise For Crypto
    5. Moomoo — JUST IN: Hunter Biden to launch a memecoin on Coinbase’s Base network on September 9, per WSJ. The tokenomics include a 20% allocation for investors who took losses on $OFFICIAL TRUMP (TRUMP.CC)$, plus a plan to burn up to 30% of supply if Dem
    6. finance.yahoo.com — Hunter Biden’s Sept. 9 LAPTOP Memecoin Targets TRUMP Losers — Critics Warn ‘Don’t Buy It’
    7. en.cryptonomist.ch — Hunter Biden memecoin launch sparks $6.9M in copycat token trading within an hour
    8. www.cointribune.com — Hunter Biden's LAPTOP Meme Coin Faces Backlash Before Its First Trade
    9. finance.yahoo.com — What Is LAPTOP? Hunter Biden's Meme Coin Targeting TRUMP Holders
    10. 247wallst.com — Hunter Biden Called Trump’s Crypto Empire “Corruption at a Scale We’ve Never Seen.” Now He’s Launching His Own Memecoin.
    11. cryptoslate.com — Hunter Biden’s new “LAPTOP” memecoin targets traders who lost money on TRUMP
    12. coincentral.com — Hunter Biden Is Launching a Memecoin and Sending Free Tokens to People Who Lost Money on TRUMP
    confidence 90%