CoinW Introduces Hunter Biden's Meme Coin and Launches $100,000 Tournament

CoinW exchange has officially launched trading of LAPTOP, a meme coin linked to Hunter Biden, on September 9. This launch is paired with a competitive event offering a total prize pool of 100,000 USDT. Participants can align with either the Biden or Trump camp and earn rewards based on their trading activity.

Named after the infamous laptop that Hunter Biden left for repairs in 2019, which became a focal point in political debates, LAPTOP has a total supply of 1 billion tokens and is built on the Base network. Thirty percent of these tokens are reserved for the founders, including Hunter Biden, with a lock-up period of six months followed by a gradual release over two years.

Additionally, 20% of the tokens will be allocated to users who experienced losses from the TRUMP meme coin, subscribers of Biden’s Substack, and followers of video journalist Andrew Callaghan. The remaining 30% will be burned if specific conditions are met, such as a Democratic win in the 2028 elections or LAPTOP's market cap exceeding that of TRUMP.

Tournament Structure

The tournament includes three key features: team selection, trading volume accumulation, and user referrals. Participants can choose between:

• Biden Family Camp with LAPTOPUSDT;
• Trump Family Camp using TRUMPUSDT, MELANIAUSDT, and WLFIUSDT.

Players can earn bonuses based on their trading volume, with the following thresholds:

• $1,000 — $10;
• $5,000 — $20;
• $20,000 — $50;
• $50,000 — $100.

Furthermore, users can earn rewards for inviting others to register and trade, with payouts such as $50 for one invited user and up to $1,000 for ten. The camp boasting the highest trading volume will win, granting a multiplier on rewards for its members.

CoinW has recently expanded its offerings, adding five perpetual TradFi futures, including various currency pairs and stock indices margining in USDT.