Hunter Biden to launch LAPTOP meme coin with airdrop for TRUMP holders

Hunter Biden has prepared to launch a 1 billion-supply meme coin called LAPTOP on Coinbase-developed Base on Sept. 9, with part of the token allocation set aside for people who lost money trading President Donald Trump’s TRUMP meme coin. Summary Hunter Biden is set to launch the 1 billion supply LAPTOP meme coin on Base on Sept. 9, according to the Wall Street Journal. The founding team will receive 30% of the supply, locked for six months and gradually unlocked over two years. Another 20% will be distributed through two airdrops that include users who lost money trading Donald Trump’s TRUMP meme coin. Up to 30% of LAPTOP’s supply could be burned if preset events occur, including Bitcoin reaching a new all time high or LAPTOP overtaking TRUMP by fully diluted valuation. The Wall Street Journal reported on Sept. 7 that Biden, the son of former President Joe Biden, is part of the founding team behind the project, which takes its name from the laptop controversy that became a major political issue during the 2020 U.S. presidential election. LAPTOP will use a token distribution model that reserves 30% of the total supply for its founding team. According to the Journal, the allocation w...