An article summarized by TheStreet:
Hunter Biden is reportedly preparing to launch a memecoin called LAPTOP on Coinbase’s Base blockchain network, with a scheduled launch date of September 9 and a total supply of 1 billion tokens, according to the Wall Street Journal report cited in the article. The name references the laptop controversy that emerged during the 2020 presidential election, when material reportedly obtained from a laptop Hunter Biden left at a Delaware repair shop became the subject of extensive political and media debate.
The project comes as former President Donald Trump and his family have expanded their involvement in cryptocurrency. Trump’s TRUMP memecoin reached an all-time high of $74.27 on January 19, 2025, but had fallen to about $1.68 by July 2026, a decline of roughly 98%. A Reuters investigation cited in the article estimated that more than 1 million investors had accumulated approximately $2.3 billion in combined realized and unrealized losses. Meanwhile, the Trump family-backed World Liberty Financial’s USD1 stablecoin had reportedly reached about $4 billion in market capitalization by August 2026.
According to the article, 20% of LAPTOP’s 1 billion-token supply is earmarked in part for investors who lost money on TRUMP, while other elements of the token’s structure are tied to political events, including the 2028 presidential election. The project therefore connects the 2020 laptop controversy with the increasingly political cryptocurrency market, where Trump and his family have become prominent participants. The article also notes that the original laptop controversy involved debates over social-media moderation after Twitter blocked links to New York Post reporting and Facebook reduced its distribution.
