Hunter Biden plans to launch the memecoin $LAPTOP on September 9th on Base, Coinbase’s Layer-2 blockchain, with an initial supply of one billion tokens, 30% held by Hunter Biden and his co-founders. Twenty percent of the tokens will be airdropped to his Substack subscribers, readers of journalist Andrew Callaghan’s mailing list, and wallets that lost money buying Donald Trump’s $TRUMP memecoin. $TRUMP has collapsed from $74.34 in January 2025 to $2.28 currently, while $MELANIA has fallen 98.5% since its launch. Investors betting on Donald Trump’s crypto ventures have faced approximately $4.7 billion in unrealized losses, while the Trump family has profited at least $1.4 billion.
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