The son of former President Joe Biden is launching a meme coin that takes aim at his family’s nemesis, Donald Trump. And he’s naming it for the most-infamous personal computer in American political history.
Yes, Hunter Biden’s laptop will live on. At least on the blockchain.
Biden’s token will trade under the ticker, $LAPTOP, and launch Sept. 9 on Base, a digital ledger built by Coinbase Global, the largest U.S. crypto exchange, people familiar with the matter said.
The token’s name is inspired by the sensation that followed the public’s discovery of Biden’s former computer in 2020. The contents of that device, from messages that documented his foreign business dealings to nude photos of the president’s son doing drugs, were eventually laid bare. And the leaks forged a cottage industry of investigations, conspiracies—and digital media content.
On Monday, Biden posted on X a short video clip of his laptop being referenced by different media outlets, teasing the launch of his meme coin.
Meme coins carry no intrinsic value, and most tumble in price within days or even hours after their launch. But some of the tokens have remained relevant thanks to their affiliations with a procession of celebrities, personalities and politicians who issued them to cash in on their fame. Coins tied to President Trump, first lady Melania Trump and former New York Mayor Eric Adams rocketed in value when they launched, only to crash within days. Continue reading
In launching $LAPTOP, Hunter Biden will bring his weekslong media blitz to the cryptosphere. The 56-year-old has been seen and heard everywhere of late—podcasts, news shows and Substack essays—and at times alongside right-wing provocateurs such as Tucker Carlson and Nick Fuentes. He has opened up on his past troubles, present grievances, and at times promoted the virtues of crypto.