Hunter Biden, son of former U.S. President Joe Biden, plans to launch a memecoin called LAPTOP, based on his laptop that became famous following the 2020 election controversy. The founders will hold 30% of the token supply and burn up to 30% of the memecoins depending on several conditions: a Democrat winning the presidency in 2028, Bitcoin reaching a new all-time high, and LAPTOP’s valuation exceeding that of TRUMP. This initiative aims to shine a spotlight on the Trump family’s crypto ventures, which Hunter Biden has called corruption at a scale never seen before. The Senate is scheduled to vote on the CLARITY Act, a market structure bill for digital assets, on September 15.
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