Hunter Biden, son of former U.S. President Joe Biden, is launching a new meme coin called LAPTOP on Coinbase’s Base blockchain network, with the token scheduled to debut on September 9.
The project will launch with a total supply of 1 billion LAPTOP tokens. According to the announced token distribution plan, 30% of the supply will be allocated to the founding team, while additional portions will be reserved for liquidity, legal expenses, and token burns.
A major part of the distribution strategy focuses on airdrops. Around 20% of the total supply has been allocated for two separate airdrop rounds. The first phase will distribute 100 million LAPTOP tokens among selected groups, including eligible wallets that suffered losses from the TRUMP meme coin, Hunter Biden’s Substack subscribers, and members of the Channel 5 email list.
However, the exact criteria for determining which TRUMP holders qualify for the airdrop have not yet been fully disclosed. Another 100 million tokens have been reserved for future airdrops, with the eligibility requirements still unclear.
The launch adds another example of the growing trend of politically themed meme coins in the cryptocurrency market. These tokens often rely on online communities, public attention, and strong narratives rather than traditional utility models.
Although LAPTOP will be launched on Base, the project is not an official product of Coinbase. Base is a permissionless blockchain network that allows developers to create and deploy tokens without direct approval from Coinbase.
The timing of the launch is also notable as political-related cryptocurrencies continue attracting significant market attention. Previous examples, including the TRUMP meme coin, showed that tokens linked to public figures can generate strong initial interest but also experience extreme volatility.
For investors, the main factors to watch will be liquidity, token distribution, community engagement, and whether LAPTOP can maintain demand beyond its initial launch hype.
The key question now is whether LAPTOP can establish a lasting presence in the crowded meme coin market or become another short-term speculative asset driven mainly by its political narrative.
Ethereum
