Original ｜Odaily Planet Daily（@OdailyChina）
Author｜Golem（@web3_golem）
Following former US President Trump's issuance of a cryptocurrency, former US President Joe Biden's son is also planning to launch a coin...
On the evening of September 7, the Wall Street Journal reported that Hunter Biden, the son of former US President Biden, plans to launch a Meme coin called LAPTOP on the Base chain on September 9. An official account for LAPTOP has already appeared on the X platformLaptop, which was created in June of this year and has not posted any content before the publication of this article; however, the account introduction has disclosed the Meme coin contract address and official website.
Official X account for meme coin LAPTOP
Subsequently, Hunter Biden also posted on the X platform with the tag “$LAPTOP” and the date 9.9, accompanied by a 32-second promotional video, while following the Laptop account. With dual verification from the US authoritative media and Hunter Biden himself (assuming Hunter Biden has not been hacked), it can be fairly concluded that the launch of a coin by the son of the former US President is indeed happening. However, LAPTOP is currently not tradable, and many tokens with the same name have appeared on the chain, requiring investors to be cautious.
Where the LAPTOP Meme Comes From
According to the official website description, the Meme coin LAPTOP is inspired by Hunter Biden's "laptop scandal" from six years ago. This scandal also embroiled then Vice President Joe Biden in a huge political storm.
In April 2019, Hunter Biden brought a water-damaged MacBook Pro to a computer repair shop in Wilmington, Delaware, where the owner copied the hard drive contents of Hunter Biden's computer, later handing over a copy to Trump's team. In the third week before the October 2020 election, the New York Post published a report claiming that the computer contained emails related to Hunter Biden's overseas business dealings (including those with the Ukrainian gas company Burisma and transactions related to China), as well as personal content such as drug use and nude photos, implying that Joe Biden might also be involved in wrongdoing.
While it was ultimately not proven that Joe Biden directly broke the law, this incident remains undeniable evidence of Hunter Biden's chaotic personal life and his use of family fame for profit, a scandal he cannot escape. However, Hunter Biden has now proven that "what does not kill me makes me stronger."
This time, Hunter Biden has chosen to use the "most famous laptop in history" as the theme for his coin, turning the material that was repeatedly used by Trump's team to attack him into a token. This acts as a clear provocation to the Trump family while also commodifying and meme-ifying a controversial asset to create an anti-Trump and counter TRUMP Meme coin.
As stated on the LAPTOP official website, the LAPTOP Meme coin has returned the narrative power to Hunter Biden.
Airdrop for TRUMP
According to the official website description, the total supply of LAPTOP is 1 billion coins, of which the project founders, including Hunter Biden, will receive 30% of the total supply. The relevant tokens cannot be sold within six months after the launch, and the remaining shares will be released in batches over two years. On the first day of TGE, 350 million tokens will enter circulation, of which 200 million tokens will be for airdrop, 100 million tokens will be used to add liquidity, while 50 million tokens belonging to the foundation will also all enter circulation.
LAPTOP token unlocking curve
LAPTOP will also link 30% of the token supply to the outcomes of 30 prediction market contract events, with each event allocated a different proportion of tokens and judged separately. If the result is "YES," the tokens will be burned and permanently removed from supply; if the result is "NO," the tokens will be donated to charity.
Among these 30 prediction market contracts, 12 are political predictions primarily related to anti-Trump topics, such as whether Trump will be impeached, whether the Democratic Party will win a majority in the Senate and House, etc.; 6 are related to cryptocurrency, such as whether the Clarity Act will pass and whether ZEC will reach $1500 by 2027; and 7 relate to achievements that LAPTOP reaches, such as whether LAPTOP's market value will exceed TRUMP's.
Additionally, regarding airdrop eligibility, the LAPTOP official website also explains that subscribers of Hunter Biden's Substack or Channel 5 have 30 days to claim the airdrop, and unclaimed tokens will also be burned. At the same time, LAPTOP will reserve a portion of tokens from the 20% of the total supply intended for airdrop to TRUMP investors, to compensate them for losses suffered in the TRUMP project; the specific portion has not yet been announced, but it is rumored that it will be given to
Will this round of Meme market end here?
The above is all the important information regarding the Meme coin LAPTOP up to the time of publication. As for whether it will surge on September 9, I believe everyone already has the answer in their hearts.
However, based on past experience, such a highly popular token will inevitably suck liquidity from the chain. Following the news that broke on the evening of September 7, mainstream Meme coins in the Robinhood ecosystem such as PONS, AI, and CASHCAT experienced a brief decline.
Looking back at the last major Meme cycle, the general consensus afterwards was that Trump's issuance of the TRUMP token marked the turning point from chain liquidity prosperity to decline, and the issuance of the LIBRA token by the president of Argentina completely drained liquidity, leading to a bear market for Memes. Although Hunter Biden does not possess significant political influence, under the aura of former US President Joe Biden, his appeal to Meme players remains high.
Whether LAPTOP will become the TRUMP of this cycle under the banner of “anti-TRUMP” or the LIBRA that goes to zero upon launch, we will find out on September 9.
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