Hunter Biden launches his own memecoin called $LAPTOP

Hunter Biden, the son of former President Joe Biden, is launching his own cryptocurrency today. It's called $LAPTOP, named after the laptop scandal that dogged him for years. Of a billion tokens, 20% airdrops to people who lost money betting on the $TRUMP coin, plus his Substack subscribers. Another 30% will burn or go to charity, depending on how 30 political events play out through 2028.

Memecoins are cryptocurrencies with no real product behind them. Their value comes from attention and jokes, not revenue or technology. Turning his own scandal into a coin is Hunter Biden's pitch: own the joke before someone else profits from it. Crypto traders online are already mocking the idea. Reaction so far has been mostly negative, according to CoinDesk. Founders, including Biden himself, keep 30% of the supply, locked up for six months.

Keep reading — what to watch

Will this raise real money, or is it a stunt that fades within days? Most memecoins lose almost all their value within weeks of launching, no matter who's behind them. The 2028 election tie-in means some tokens won't resolve for years. That gives this one an unusually long shelf life to watch, for better or worse.