Hunter Biden's $LAPTOP Memecoin Crashed 98% Within Minutes Of Launch

Hunter Biden launched a memecoin on Wednesday morning built around the laptop that made him a political punchline, pitched it as a corrective to the political token grift, and watched it lose nearly all of its value before the first hour of trading was out. The irony was not lost on anyone.What Is The $LAPTOP Memecoin And Why Did Hunter Biden Launch It?$LAPTOP went live on Base, the Coinbase-built Ethereum layer 2, at 8:00 AM ET on 9 September 2026, with a fixed supply of one billion tokens.Biden framed it as reclaiming a symbol. "They turned laptop into a weapon. I turned it into a token," he posted, while explicitly warning holders not to expect him to support the price. He pitched the project as a memecoin built around resilience, redemption and recovery, and aimed a direct shot at the incumbent political token, arguing that close to one million wallets had lost a combined 3.8 billion dollars holding $TRUMP.AdvertisementThe structure was unusual for a celebrity launch. Thirty percent to founders including Biden, locked for six months and vesting over two years. Twenty percent to airdrops. Ten percent to liquidity. Five percent each to a foundation treasury and to charity. And th...