Donald Trump · Joe Biden · Republicans · The Block
Hunter Biden detailed the purpose and structure behind his LAPTOP memecoin in a new post on social media platform X
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The former U.S. president's son stated that he wants to use LAPTOP as a symbol of "resilience, redemption, and recovery" against political foes and media that weaponized it.
Key facts
- Another 30% is tied to 30 public real-world predictions, such as President Donald Trump being impeached during his term, or the U.S. Democrats taking the House or Senate in 2026
- While Biden did not explain how the remaining supply will be allocated, the memecoin's official disclosure shows that 30% will be allocated to founders including Hunter Biden, subject to a six-month
- In the X post, Biden made additional remarks criticizing Trump on his memecoin, which infamously left nearly 1 million wallets sitting on $3.8 billion in collective losses
- Hunter Biden's laptop became one of the biggest political controversies of the 2020 presidential election after he left it at a Delaware repair shop in 2019
Summary
Hunter Biden detailed the purpose and structure behind his LAPTOP memecoin in a new post on social media platform X. Hunter Biden's laptop became one of the biggest political controversies of the 2020 presidential election after he left it at a Delaware repair shop in 2019. Congressional Republicans later used the records to investigate whether then-candidate Joe Biden was involved in his son's business dealings. In his latest X post, Biden laid out the tokenomics behind the memecoin, which is set to launch Wednesday on Base Layer 2.