Former US President Biden's Son Plans to Launch Meme Coin LAPTOP

According to The Wall Street Journal, Hunter Biden, son of former U.S. President Joe Biden, will launch a meme coin named LAPTOP, referencing his laptop incident, scheduled to go live on Coinbase’s Base network on September 9. The project’s founding team, including Hunter Biden, will hold 30% of the total token supply (1 billion tokens), which will be locked for six months and fully unlocked over two years. Another 20% will be airdropped in two batches to users who previously suffered losses on the Trump meme coin TRUMP, Hunter Biden’s Substack subscribers and their friends, and mailing list subscribers maintained by video journalist Andrew Callaghan. The remaining 20% will be allocated to charitable donations, liquidity provisions, distribution to exchange partners and market makers, and to cover the accounting, legal, administrative, and compliance costs of the token foundation.