News Heat Trend
Project Overview
Official Trump is a meme coin issued on the Solana blockchain, introduced by the elected U.S. president Donald Trump through a social media post.
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.
Trump-related crypto projects have caused investors at least $4.7 billion in losses, Public Citizen says
Odaily News - U.S. President Donald Trump and his family have caused investors at least $4.7 billion in losses through digital asset projects since 2022. Consumer rights advocacy nonprofit Public Citizen stated that the related projects include the World Liberty Financial governance token, NFT trading cards, Official Trump (TRUMP), and Trump Media's digital asset reserve.Among these, TRUMP investors lost approximately $3.2 billion, while USD1 stablecoin investors did not suffer significant losses. Public Citizen noted that the losses from TRUMP primarily reflect a transfer of wealth to a small number of early buyers, rather than funds disappearing outright. Donald Trump also earned $7.2 million from NFT licensing fees and royalties, as well as over $600 million from World Liberty token sales and equity sales.Public Citizen also called for adding ethical standards to the Digital Asset Market Clarity Act (CLARITY Act), requiring the U.S. President and his family to withdraw from related industry projects. Trump met with crypto company executives last week and called for passing a "fair version" of the bill. The Senate is scheduled to vote on a procedural motion on September 15, and advancing the bill requires support from at least 60 senators. (Cointelegraph)
US Senator Warren Demands SEC Investigate Trump Meme Coin, Questions Whether It Involves "Illegal Scam"
According to CNN reports, U.S. Democratic Senators Warren and Blumenthal have requested the U.S. Securities and Exchange Commission (SEC) to investigate the "TRUMP" Meme coin issued by Trump to confirm whether the project involves fraud or improper profit. In a letter to SEC Chairman Paul Atkins, the two stated that the Trump Meme coin project "may constitute an illegal scam," and requested the regulatory agency to investigate whether the token involves "illegal fraudulent conduct or facilitates improper profit acquisition." Warren and Blumenthal focused in the letter on whether the project resembles a "Rug Pull" (exit scam) in the crypto industry. They believe that even if it is not a sudden divestiture-style rug pull in the traditional sense, it may still belong to a "soft rug pull" that causes investor losses by gradually withdrawing market support. The SEC should investigate whether the Trump Meme coin poses fraud risks and prevent investors from continuing to suffer losses. As of now, the SEC has not commented on this.
Trump’s 2025 crypto revenue totals approximately $1.4 billion; CLARITY Act faces objections from Senate Democrats
Odaily News – On July 30, the minority staff of the U.S. Senate Committee on Banking, Housing, and Urban Affairs released a new analysis raising Democratic objections to the amended draft of the CLARITY Act. The analysis states that Donald Trump’s 2025 crypto revenue amounts to approximately $1.4 billion, and that current ethics provisions still allow him to retain related business arrangements. The analysis reviews World Liberty Financial, the TRUMP meme coin, cryptocurrency investments, staking income, and other business activities, concluding that provisions restricting officials from issuing or sponsoring digital assets would not materially affect the aforementioned financial arrangements. Staff estimated approximately $799 million in revenue related to World Liberty Financial and approximately $635 million from the TRUMP meme coin. Trump’s annual financial disclosure report lists $635.1 million in royalties from a licensing agreement with CIC Digital LLC related to Celebration Coins, along with Bitcoin and Ethereum wallets each valued at over $50 million, and validator rewards obtained through staking agreements on Coinbase. The Senate draft of the CLARITY Act seeks to prohibit covered officials and their spouses from issuing or sponsoring digital assets for compensation during specified periods, while also establishing exceptions for qualified blind trusts, unauthorized third-party activities, continued use of an official’s likeness, and holding digital asset investments.
U.S. Treasury Secretary: President’s Nearly $1.4 Billion in Crypto Revenue Poses No Issue
U.S. Treasury Secretary Scott Bessent stated in an interview with CBS News that the recently disclosed revenue of approximately $1.4 billion earned by President Donald Trump through crypto projects poses no problem for the president. The financial disclosure shows that since the start of his second term, Trump has earned around $1.4 billion from crypto ventures, including the TRUMP meme coin and World Liberty Financial.Congressional Democrats have criticized this, arguing that there is a conflict of interest given that the current administration is seeking to ease cryptocurrency regulations. White House spokesperson Anna Kelly responded by stating that the disclosure reveals no conflict of interest. Additionally, Bessent expressed optimism about the U.S. economic outlook and noted that over 6 million Trump Accounts have been opened, a project aimed at helping minors invest in the stock market to improve financial literacy. (cbsnews)
Trump TRUMP Luncheon Speech: Only Expressed Hope for the CLARITY Act to Pass
on April 25 local time, Trump attended a TRUMP luncheon at Mar-a-Lago and delivered a speech lasting approximately 45 minutes, covering topics such as the cryptocurrency industry, the war in Iran, and Joe Biden.White House correspondent Sander Lutz stated that aside from expressing hope that the CLARITY Act would pass and that he would sign it immediately, Trump did not reveal many other specific details. Some industry insiders had initially hoped he would bring more news about this bill, which is significant to the crypto sector.
The TRUMP token team address transferred out 10 million TRUMP tokens three days ago, which have essentially been moved to CEXs.
According to on-chain analyst Yu Jin, 10 million TRUMP tokens transferred from the team address three days ago have largely been moved to centralized exchanges, valued at approximately $23.86 million. Of these, 8 million TRUMP tokens were sent to Binance, and 2 million were transferred to OKX.
The TRUMP token team address transferred 11.01 million TRUMP yesterday, with part of it already moved to Binance.
According to Blaze monitoring, the TRUMP token team address transferred out 11.01 million TRUMP tokens yesterday, worth approximately $26.65 million. After multiple transfers across various addresses, 2 million TRUMP tokens were deposited into Binance six hours ago, valued at approximately $4.78 million.
The Official Trump Meme team transferred out another 11.01 million TRUMP 2 hours ago, valued at approximately $26.65 million.
According to Lookonchain tracking, the Official Trump Meme team transferred another 11.01 million TRUMP tokens 2 hours ago, worth approximately $26.65 million.
Ceffu transfers 3.706 million TRUMP tokens to Binance, valued at approximately $9.27 million.
According to Onchain Lens data, Ceffu transferred approximately 3.706 million TRUMP tokens, worth around $9.27 million, to Binance from its hosted hot wallet about 5 hours ago.
TRUMP token team address sells 1.1 million tokens, receiving 2.94 million USDC at an average price of $2.68
Odaily News According to on-chain analyst Ember Monitor, the TRUMP token team address (BDNB...mx66) transferred 3.837 million tokens to OKX yesterday, valued at $9.33 million. Since early this morning, the address has sold another 1.1 million tokens by adding unilateral liquidity, receiving 2.94 million USDC at an average selling price of $2.68.
The TRUMP team has once again transferred 2.62 million TRUMP tokens to OKX, worth approximately $6.21 million.
According to Lookonchain, the TRUMP team transferred another 2.62 million TRUMP tokens worth approximately $6.21 million about one hour ago, which were subsequently deposited into OKX.
Hunter Biden Responds to Volatility After LAPTOP Launch: Claims No Personal Profit from LAPTOP, Price Now Stabilizing
Odaily News – Hunter Biden, son of former U.S. President Joe Biden, responded on X to the intense price volatility of the LAPTOP Meme coin shortly after its launch, as well as related "Rug Pull" allegations. He stated that the available liquidity at launch was insufficient to meet market demand, which—combined with technical issues and "snipers" engaging in front-running—caused the price to surge rapidly before pulling back. The price has now stabilized.Hunter Biden stated that the team's token allocation is locked, no team members have sold tokens, and he personally has not received any profit from LAPTOP. Currently, LAPTOP's fully diluted valuation (FDV) exceeds $1 billion. The team is exploring ways to optimize liquidity and will continue advancing community development.He also addressed the matter of distributing LAPTOP tokens for free to users who suffered losses on TRUMP, saying that external descriptions of this as a "failure" do not reflect the actual situation, and emphasized that the project will continue to move forward in the long term.For more LAPTOP-related information, read: Biden's Son Launches Meme Coin LAPTOP, Also Plans Airdrop for TRUMP Holders.
Eric Trump Mocks Hunter Biden's Crypto Launch Flop: Hunter Biden Should Go Back to Painting
Hunter Biden’s meme coin $LAPTOP plummeted 98% within minutes of listing, having been originally pitched as a project to compensate holders who incurred losses with $TRUMP. In response, Eric Trump mocked the situation on X, posting, “Hunter should go back to painting.”
Hunter Biden has recently been publicly expressing support for cryptocurrency and hinting at a possible run in the 2028 U.S. presidential election
Odaily News – Hunter Biden, son of former U.S. President Joe Biden, has recently been frequently expressing public support for cryptocurrency. In June of this year, Hunter Biden stated, "Decentralized digital currencies and blockchain are the inevitable future"; the same week, when asked about his views on cryptocurrency, he replied directly, "Hyperliquid." Additionally, he mentioned that when deciding to sell his artwork, he wanted each piece to be placed on-chain and accept Bitcoin payments, adding that Andreas Antonopoulos' book "The Internet of Money" had "opened his eyes."Hunter Biden has re-emerged in the public eye this year, setting up an X account and a Substack, while frequently appearing on podcasts and news programs. Recently, he also discussed the possibility of running in the 2028 U.S. presidential election, saying he "hasn't made a decision yet" when asked if he might run for president; he had previously told billionaire John Catsimatidis that if he had his support, he might "have no choice but to run."Forbes also noted that Hunter Biden was convicted in 2024 on three felony gun charges and pleaded guilty to separate tax-related criminal charges later that year, before receiving a full pardon ahead of Joe Biden's departure from office. (Forbes)Earlier reports indicated that Hunter Biden, son of the former U.S. president, would launch a Meme coin called LAPTOP, scheduled to go live on September 9 on Coinbase's Base network.For more related LAPTOP content, you can read: "Biden's Son Launches Meme Coin LAPTOP, Also Plans Airdrop for TRUMP Holders"
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.
Trump-related crypto projects have caused investors at least $4.7 billion in losses, Public Citizen says
Odaily News - U.S. President Donald Trump and his family have caused investors at least $4.7 billion in losses through digital asset projects since 2022. Consumer rights advocacy nonprofit Public Citizen stated that the related projects include the World Liberty Financial governance token, NFT trading cards, Official Trump (TRUMP), and Trump Media's digital asset reserve.Among these, TRUMP investors lost approximately $3.2 billion, while USD1 stablecoin investors did not suffer significant losses. Public Citizen noted that the losses from TRUMP primarily reflect a transfer of wealth to a small number of early buyers, rather than funds disappearing outright. Donald Trump also earned $7.2 million from NFT licensing fees and royalties, as well as over $600 million from World Liberty token sales and equity sales.Public Citizen also called for adding ethical standards to the Digital Asset Market Clarity Act (CLARITY Act), requiring the U.S. President and his family to withdraw from related industry projects. Trump met with crypto company executives last week and called for passing a "fair version" of the bill. The Senate is scheduled to vote on a procedural motion on September 15, and advancing the bill requires support from at least 60 senators. (Cointelegraph)
Trump Coin Officially Announces Release of "United We Stand" Commemorative Silver Bar, Honoring Trump's Iconic Salute Scene
Odaily News: Trump Coin, the official Trump commemorative coin, has officially announced the release of the "United We Stand" themed commemorative silver bar. Featuring a striking full-color design, it commemorates a significant moment during President Trump's tenure, capturing the scene of him delivering his iconic salute in front of a waving American flag. The silver bar is framed by the presidential seal and the words "UNITED WE STAND," symbolizing resilience, leadership, and the enduring spirit of unity that continues to bring the American people together. Additionally, this series is available in 1-ounce and 10-ounce silver bar versions.
Related news
Hunter Biden Responds to Volatility After LAPTOP Launch: Claims No Personal Profit from LAPTOP, Price Now Stabilizing
Odaily News – Hunter Biden, son of former U.S. President Joe Biden, responded on X to the intense price volatility of the LAPTOP Meme coin shortly after its launch, as well as related "Rug Pull" allegations. He stated that the available liquidity at launch was insufficient to meet market demand, which—combined with technical issues and "snipers" engaging in front-running—caused the price to surge rapidly before pulling back. The price has now stabilized.Hunter Biden stated that the team's token allocation is locked, no team members have sold tokens, and he personally has not received any profit from LAPTOP. Currently, LAPTOP's fully diluted valuation (FDV) exceeds $1 billion. The team is exploring ways to optimize liquidity and will continue advancing community development.He also addressed the matter of distributing LAPTOP tokens for free to users who suffered losses on TRUMP, saying that external descriptions of this as a "failure" do not reflect the actual situation, and emphasized that the project will continue to move forward in the long term.For more LAPTOP-related information, read: Biden's Son Launches Meme Coin LAPTOP, Also Plans Airdrop for TRUMP Holders.
Eric Trump Mocks Hunter Biden's Crypto Launch Flop: Hunter Biden Should Go Back to Painting
Hunter Biden’s meme coin $LAPTOP plummeted 98% within minutes of listing, having been originally pitched as a project to compensate holders who incurred losses with $TRUMP. In response, Eric Trump mocked the situation on X, posting, “Hunter should go back to painting.”
LAPTOP's ceiling locked? Market predicts LAPTOP's first-day market cap to fall in the $100-250 million range
Odaily News The community generally predicts that the first-day market cap of Biden's son Meme coin LAPTOP will fall in the $100-250 million range. On Polymarket, the probability of "LAPTOP's FDV exceeding $100 million one day after launch" is 73%. Market disagreement mainly centers on whether LAPTOP's market cap can stabilize above $250 million. On Polymarket, the probability of "LAPTOP's FDV exceeding $250 million one day after launch" is 45%, while the probability of the market cap exceeding $1 billion is only 12%, proving that the market generally predicts LAPTOP's ceiling cannot reach $1 billion.It is reported that Hunter Biden, son of former US President Joe Biden, plans to launch the Meme coin LAPTOP on the Base chain on September 9, specifically at 20:00 Beijing time. To learn more about LAPTOP tokenomics and other details, you can read "Biden's Son Launches Meme Coin LAPTOP, Plans Airdrop for TRUMP Holders"
LAPTOP: Airdrop claims will open tonight at 8 PM Beijing time, with a 30-day claim period
Odaily NewsOdaily News, according to official information from Hunter Biden's Laptop, 20% of the total LAPTOP supply will be distributed free of charge to the community. Of this, 2% will be allocated to users who incurred losses from the TRUMP Meme coin and other related groups, with specific eligibility determined by the participating trading platforms; 8% will be allocated to Hunter Biden Substack subscribers as of September 6; the remaining 10% will be reserved for future community airdrops, with the specific distribution to be decided by the Phoenix Veritas Foundation.Officials stated that claims for this round of community airdrops will open at 8:00 AM EST on September 9 (8:00 PM Beijing time tonight), with a claim period of 30 days.
Hunter Biden explains why he launched LAPTOP: intended to express an attitude, not expected to appreciate in value
Odaily News Hunter Biden, son of former U.S. President Joe Biden, posted on X to introduce his upcoming Meme coin LAPTOP, stating that the token aims to transform the negative symbolism surrounding the "laptop" incident into a symbol of "resilience, redemption, and recovery." Hunter Biden said that 20% of LAPTOP tokens will be airdropped to the community, including some users who suffered losses in TRUMP token trading; another 30% of tokens are linked to a preset real-world event prediction mechanism—if the corresponding events occur, the related tokens will be permanently burned, and if they do not occur, they will be donated to charity. In addition, regardless of the prediction outcomes, another 50 million LAPTOP tokens will be allocated for charitable purposes.Hunter Biden also stated that users "should not expect me or anyone else to make this token more valuable," adding that LAPTOP is not just about holding an asset, but about expressing an attitude.
Hunter Biden has recently been publicly expressing support for cryptocurrency and hinting at a possible run in the 2028 U.S. presidential election
Odaily News – Hunter Biden, son of former U.S. President Joe Biden, has recently been frequently expressing public support for cryptocurrency. In June of this year, Hunter Biden stated, "Decentralized digital currencies and blockchain are the inevitable future"; the same week, when asked about his views on cryptocurrency, he replied directly, "Hyperliquid." Additionally, he mentioned that when deciding to sell his artwork, he wanted each piece to be placed on-chain and accept Bitcoin payments, adding that Andreas Antonopoulos' book "The Internet of Money" had "opened his eyes."Hunter Biden has re-emerged in the public eye this year, setting up an X account and a Substack, while frequently appearing on podcasts and news programs. Recently, he also discussed the possibility of running in the 2028 U.S. presidential election, saying he "hasn't made a decision yet" when asked if he might run for president; he had previously told billionaire John Catsimatidis that if he had his support, he might "have no choice but to run."Forbes also noted that Hunter Biden was convicted in 2024 on three felony gun charges and pleaded guilty to separate tax-related criminal charges later that year, before receiving a full pardon ahead of Joe Biden's departure from office. (Forbes)Earlier reports indicated that Hunter Biden, son of the former U.S. president, would launch a Meme coin called LAPTOP, scheduled to go live on September 9 on Coinbase's Base network.For more related LAPTOP content, you can read: "Biden's Son Launches Meme Coin LAPTOP, Also Plans Airdrop for TRUMP Holders"