🥛 Hunter Biden's memecoin 💻

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Here’s what we’ve got for you today:

✍️ Hunter Biden launched a memecoin?
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HUNTER BIDEN LAUNCHED A MEMECOIN? 💻

Hunter Biden launched a memecoin today. No, seriously. It’s a real thing.

If you've missed the six-year-long story that led us to this point, here’s a speedrun of everything you missed:

Hunter Biden left a laptop at a Delaware repair shop in 2019 → its contents leaked ahead of the 2020 election → it became one of the larger political scandals in recent memory.

On Sunday, The Wall Street Journal reported Hunter was turning the meme into a crypto token. Hours later he posted this, with a montage of Fox News clips referencing the scandal. 👇

Source: @HunterBiden

It went live today on Base, and the pitch is aimed squarely at people who got burned by the TRUMP token.

Two percent of the supply is set aside for wallets that lost money on Trump's coin, with exchanges deciding how to hand it out. Another 8% goes to subscribers of Hunter's Substack.

They’ve got 30 days to claim it, and any unclaimed tokens get destroyed.

Thirty percent of the 1B tokens are tied to 30 real-world outcomes, most of them with live betting markets on Polymarket. If the event happens, those tokens get burned (shrinking the supply). If it doesn't, they go to charity and stay in circulation.

The list includes Trump being impeached, a Democrat winning in 2028, and Bitcoin setting a new record.

Source: Laptoptoken

The founders, Hunter included, take 30%. They get nothing on day one, then a six-month lock followed by two years of gradual unlocks.

And buried in the disclosure document is a clause about where the money ends up. Any profit the Cayman Islands foundation makes, after expenses, goes to TTM Media Group LLC, a company the founders own and control.

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HUNTER BIDEN LAUNCHED A MEMECOIN? (P2) 💻

Twenty months ago a similar playbook ran with a certain sitting president attached to it.

TRUMP launched in January 2025 at $1.20 (according to Yahoo Finance), hit ~$78 in two days, and trades at ~$2.17 today. A ~97% drawdown.

Source: TradingView

Blockchain data firm Nansen counted 1.48M wallets that bought it, and by the end of June, ~66% of them were underwater to the tune of $3.81B, while 33% made money (mostly trading bots and first-hour buyers).

Meanwhile Trump's own financial disclosure shows $636M in royalties from the coin.

His entities took a cut of every trade, so the payday tracked volume rather than price. And affiliates sat on roughly 80% of the supply, releasing it slowly.

LAPTOP is a softer version of that: 30% instead of 80%, nothing at launch, and paperwork that’s clear about the structure. That said…

65% of the supply is locked and vesting, which the disclosure itself warns could create heavy selling pressure.

The foundation gets sole say on any event outcome that isn't clear-cut, holders get no ownership, vote or revenue, and any lawsuit happens in the British Virgin Islands.

Ok… so how’d the launch go?

Let me just open CoinGecko to see where we’re… aaaaand it’s gone.