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Hunter Biden's $LAPTOP Token Spikes, Then Crashes

The token briefly reached a near-$200 billion valuation on thin liquidity before insider-linked wallets and early sellers drove a rapid collapse, analysts said.

  • Hunter Biden is launching a meme coin named $LAPTOP, inspired by the controversy around his 2020 laptop, with a total supply of one billion tokens and a planned rollout on September 9, 2026.
  • Biden and co-founders will hold 30% of the tokens locked for six months, while 20% will be distributed to certain groups including those who lost money on the $TRUMP coin, subscribers to Biden’s Substack, and a mailing list related to Andrew Callaghan.
  • Meme coins like $LAPTOP and $TRUMP typically have no real-world value and often result in buyers losing most of their investments after brief initial surges.
  • Andrew Callaghan denied involvement in the $LAPTOP crypto project, stating that his mailing list was shared but not used to advertise the coin.
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Lean Right

The Meme coin issued by Hunter Biden, the second son of former U.S. President Joe Biden, has been embroiled in allegations of a "Rug Pull" (investment recovery fraud) after plummeting 99% within just one hour of listing. Posts are also appearing from South Korean retail investors claiming to have suffered losses after investing in this coin. According to the virtual asset industry on the 10th, Hunter's Meme coin, "$LAPTOP," was listed at 8 a.m. …

Lean Left

Memcoin $LAPTOP, launched by former US President Joe Biden’s son Hunter on September 9, has fallen by almost 100% since the start of trading, according to data from the CoinGecko service. According to trading data at 16:20 Bulgarian time, memcoin fell by 98%, falling to $3.67. At the beginning of trading, memcoin was $199.51, according to data from CoinGecko as of 15:00 Bulgarian time. About memecoin The name of the coin refers to Hunter Biden’s…

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TokenPost broke the news on Monday, September 7, 2026.
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