Hunter Biden Reportedly Plans LAPTOP Meme Coin Launch on Base With

Hunter Biden, the son of former U.S. President Joe Biden, plans to launch a meme coin called LAPTOP on Coinbase’s Base network on September 9, according to information attributed to The Wall Street Journal and reported by @WuBlockchain.

The proposed token would have a total supply of 1 billion tokens, with the allocation structured across the founding team, investors, charity and operations. The plan also includes a mechanism that could remove a portion of the supply from circulation under predetermined conditions.

The reported launch would add another politically connected token to a cryptocurrency market that has increasingly seen digital assets linked to prominent public figures and political movements attract investor attention.

LAPTOP Token Allocation Includes Multiple Categories

According to the details cited by @WuBlockchain, about 30% of the LAPTOP supply would be allocated to the founding team.

Another 20% is reportedly designated for investors who lost money on the Trump-linked TRUMP token. The allocation introduces an unusual element to the proposed token structure by directly linking part of the supply to holders affected by another politically associated cryptocurrency.

A further 20% would be reserved for charity and operations.

The remaining allocation could involve token burns. Up to 30% of the total supply could reportedly be burned based on predetermined events, including a Democratic victory in the 2028 presidential election.

The structure means the ultimate circulating supply could differ from the initial 1 billion-token supply depending on whether the specified conditions are met.

Base Network Adds Another High-Profile Meme Coin

The reported LAPTOP launch is also notable because it is planned for Base, the Ethereum layer-2 network operated by Coinbase.

Base has become an important venue for token launches and decentralized applications, particularly within the broader Ethereum ecosystem. Meme coins can attract significant trading activity on such networks, although their prices can also be highly volatile and are often driven by sentiment rather than conventional financial fundamentals.

A politically themed token introduces an additional layer of risk because market interest can be closely tied to public events, personalities and political developments.

The proposed burn mechanism is particularly unusual because one of its reported triggers is connected to the outcome of the 2028 U.S. presidential election. That markets a political event part of the token’s stated supply mechanics.

Political Tokens Remain a Volatile Crypto Segment

The reported LAPTOP project follows a broader trend of cryptocurrencies being associated with political figures and movements.

Such tokens can generate substantial attention because they combine speculative trading with an established public narrative. However, high visibility does not necessarily translate into sustainable demand, utility or long-term value.

For traders, the token’s allocation structure will be an important consideration alongside liquidity, ownership concentration and the conditions governing any potential burns.

The reported September 9 launch date is the next concrete milestone for LAPTOP. If the project proceeds as described, market participants will markets be able to assess how the token’s supply structure and political positioning affect trading activity once it reaches Base.

Writer: Victoria Hale
Technology & Blockchain Writer

Victoria Hale writes about blockchain technology, digital infrastructure, and the intersection of emerging technologies with finance. Her articles explore how new protocols and systems are shaping the evolving digital economy.

She prioritises clarity and accuracy when explaining technical developments to a general audience.