Baseprotocol
DisputedToken launch

Hunter Biden to Launch LAPTOP Meme Coin on Base with Airdrop for TRUMP Token Losers

Hunter Biden confirmed he will launch a Base memecoin called LAPTOP on Sept. 9, with 20% of supply airdropped to wallets that lost money on Trump's TRUMP coin.

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Why it matters

The launch represents another high-profile attempt to merge political controversy with memecoin speculation, following Trump's own TRUMP token. The immediate backlash from major crypto platforms and influencers — and the distancing by Base, Coinbase's network, and Channel 5 — suggests significant reputational risk for participants and raises questions about the viability of politically branded tokens.

Where the sources disagree

Token allocation for non-founder, non-airdrop portions

20% for liquidity, exchanges and legal costs; up to 30% for conditional burns

CryptoPotato, BTC-ECHO

30% for prediction mechanism, 10% for liquidity, 5% for treasury, 5% for charity

Bankless

Sources disagree on how the remaining 50% of supply (after 30% founders and 20% airdrops) is divided.

Channel 5 involvement in the airdrop

Mailing list run by Andrew Callaghan qualifies for airdrop

CryptoPotato, Crypto.News

Channel 5 said it had nothing to do with the project

Bankless

The Wall Street Journal reported the airdrop would cover Andrew Callaghan's mailing list, but Channel 5 said it had nothing to do with the project.

Figures that do not reconcile

Found by comparing the numbers in the reports automatically. They are differences, not yet confirmed to be about the same thing.

reported market figure (biden supply)

30%

CryptoPotato

20%

Bankless

CryptoPotato reports 30%, Bankless reports 20% (33% apart).

reported market figure

20%

CryptoPotato

30%

Crypto.News

CryptoPotato reports 20%, Crypto.News reports 30% (33% apart).

reported market figure (founders supply)

20%

Bankless

30%

Crypto.News

Bankless reports 20%, Crypto.News reports 30% (33% apart).

Key facts

Hunter Biden is launching a memecoin called LAPTOP on Base on September 9, 2026.

Reported by CryptoPotato

The token has a total supply of 1 billion.

1,000,000,000 tokensReported by CryptoPotato

The founding team, including Biden, receives 30% of supply, locked for six months.

30 %Disputed figureReported by CryptoPotato

20% of supply is reserved for airdrops targeting TRUMP token losers, Substack subscribers, and a mailing list.

20 %Disputed figureReported by CryptoPotato

The Wall Street Journal first reported the plan on the morning of September 8.

Reported by CryptoPotato

Biden confirmed the launch on his verified X account about four minutes after the Journal's report.

Reported by CryptoPotato

Pump Fun and Kraken deleted posts promoting the LAPTOP token following backlash.

Reported by Protos

Base creator Jesse Pollak said Base declined to help with the token's design or amplification.

Reported by Protos

What happened

Hunter Biden is set to launch a memecoin called LAPTOP on Coinbase's Base network on September 9, according to the Wall Street Journal, which first reported the plan on the morning of September 8. Biden confirmed the launch on his verified X account roughly four minutes after the Journal's report, posting the $LAPTOP ticker and date alongside a Fox News clip about the 2020 laptop controversy. The token will have a total supply of 1 billion, with 30% allocated to founders including Biden under a six-month lockup. A separate 20% of supply is earmarked for airdrops targeting wallets that lost money on Donald Trump's TRUMP coin, subscribers to Biden's 'Where's Hunter?' Substack, and members of a mailing list associated with video journalist Andrew Callaghan. Up to 30% of supply is tied to conditional burns triggered by milestones such as a new Bitcoin all-time high, LAPTOP's market cap surpassing TRUMP's, or a Democratic win in the 2028 election. However, the sources disagree on the remaining allocation: one outlet reported 20% is for liquidity, exchanges and legal costs, while another broke it down as 10% liquidity, 5% treasury and 5% charity. The launch drew immediate and intense backlash across crypto Twitter. Pump Fun and Kraken both deleted posts promoting the token after the backlash, according to Protos. Jesse Pollak, creator of Base, said the platform declined to assist with the token's design or amplification, stressing that Base is permissionless. Channel 5, Andrew Callaghan's media company, said it had nothing to do with the project, contradicting earlier reports that Callaghan's mailing list would qualify for the airdrop. Within about an hour of the Journal's report, more than a dozen counterfeit tokens with the LAPTOP ticker appeared on-chain.

How the story developed

  1. First report

    First report by CryptoPotato

    Hunter Biden Is Launching a LAPTOP Meme Coin – and TRUMP Losers Are Getting an Airdrop

    CryptoPotato

  2. Update

    Wall Street Journal first reports Hunter Biden's LAPTOP token launch plan

    The WSJ broke the news that Hunter Biden plans to launch a memecoin called LAPTOP on Base on September 9.

    CryptoPotato

  3. Official statement

    Hunter Biden confirms launch on X

    Biden posted the $LAPTOP ticker and September 9 date to his verified X account about four minutes after the Journal's report.

    CryptoPotato

  4. Independent corroboration

    Independently corroborated by BTC-ECHO

    Hunter Biden macht aus Laptop-Skandal einen Memecoin – und provoziert dabei Trump

    BTC-ECHO

  5. Update

    Pump Fun and Kraken delete promotional posts

    Both crypto firms removed posts promoting $LAPTOP after intense backlash from the crypto community.

    Protos

  6. Correction

    Channel 5 distances itself from the project

    Channel 5 said it had nothing to do with the $LAPTOP token, contradicting earlier reports that Callaghan's mailing list would qualify for the airdrop.

    Bankless

How coverage built up

Independent sources over time, counted the way the consensus panel counts them: a republication of a wire story does not move the line.

8 Sept, 04:075 independent sources8 Sept, 18:02
  • 8 Sept 2026, 04:07 UTC: CryptoPotato 1 independent source, 1 reports
  • 8 Sept 2026, 07:00 UTC: BTC-ECHO 2 independent sources, 2 reports
  • 8 Sept 2026, 13:06 UTC: Protos 3 independent sources, 3 reports
  • 8 Sept 2026, 14:10 UTC: Bankless 4 independent sources, 4 reports
  • 8 Sept 2026, 18:02 UTC: Crypto.News 5 independent sources, 5 reports

Affected entities

Also mentioned: Solana, Ethereum, BNB, Robinhood, Toncoin

Original sources

Hunter Biden to Launch LAPTOP Meme Coin on Base with Airdrop for TRUMP Token Losers — Crypto News Intelligence