Summary
- Hunter Biden is set to unveil his meme coin, LAPTOP, this Wednesday.
- The announcement has sparked significant attention, though much of it is critical.
- The success of LAPTOP may hinge on market sentiment and timing.
In a notable entry into the cryptocurrency realm, Hunter Biden announced today via X that he will be launching his meme coin, LAPTOP, on September 9. This followed a Wall Street Journal report on the coin's development that was released the previous day.
The post quickly garnered over 250,000 views within an hour and has since surpassed 1.7 million views.
While Biden's announcement certainly drew attention, the question remains: will crypto traders actually engage with LAPTOP once it goes live?
The initial reaction from the crypto community was swift and largely negative, contrasting with the more favorable responses typically seen for other celebrity-backed meme coins.
Many users responded with mockery, pointing out perceived hypocrisy in Biden's actions. One user remarked, "You criticize [President Donald] Trump for doing a scam then do one yourself," a sentiment echoed in numerous retweets.
I’m so sad man. https://t.co/nf1Bf2jZmN pic.twitter.com/uaIRJDvAvZ
— binji (@binji_x) September 7, 2026
Both President Donald Trump and First Lady Melania Trump launched their own meme coins in 2025, but those tokens have since plummeted in value, losing over 90% of their market capitalizations.
Hunter Biden's coin aims to appeal to those who suffered losses with Trump's coin, offering a 20% airdrop of LAPTOP tokens to these investors.
Many in the crypto community harbor resentment towards such projects, having been burned by previous celebrity meme coins. This skepticism is reflected in comments warning about the potential for liquidity issues and pump-and-dump schemes.
Okay, so you are telling me...
EXCHANGE listings for this garbage Laptop thing?Already pre-lined up...
On-chain was JUST heating up and this will absolutely be a moment of liquidity drain.
Great...
Thanks to all teh lovely companies that are listing this immediately so…— Easy (@NotSoEasyMoney) September 7, 2026
Critics also question the timing of the announcement, suggesting that revealing the launch two days in advance gives automated trading bots an advantage over regular buyers.
Shortly after Biden's post, multiple imitation tokens using the LAPTOP name emerged, with no official contract address for the legitimate coin yet available, prompting warnings about potential scams.
How much did base pay Biden to use their chain?
Snipers are about to reck everyone on Hunter Biden’s $LAPTOP memecoin.
They’re also saying that this launch is for people that lost money on $TRUMP, which went to $70B market cap in less than 3 days.
IMO laptop doesn’t have the… pic.twitter.com/UFernd8Qph
— Books (@Booksey) September 7, 2026
Some observers view the launch as indicative of a broader trend, with the Ethereum second-layer network Base and competitors like Solana struggling to maintain meme-coin activity against rising platforms like Robinhood Chain.
Base going all in on creator coins 2 years after celeb coins and going all in on presidential adjacent memecoins 2 years after the Trump fiasco
Can't think of a more retarded eco that had all the builder support and decided to throw it away for vapid zero sum shitty trends
— Wazz (@WazzCrypto) September 7, 2026
Kraken deleted the post but we keep the screenshots for prosperity sake
Company trying to IPO btw pic.twitter.com/jWVjtYEdGZ
— aaalex.hl (@aaalex) September 7, 2026
Hunter Biden’s $LAPTOP is coming soon.$LAPTOP is launching on Base Wednesday 9th September.
Get your fix on the Pumpfun app and trade with 0.1% fees 👇 pic.twitter.com/fZbzaiJkMA
— Pump.fun (@Pumpfun) September 7, 2026
Trust Issues Surrounding Hunter Biden
Additionally, Biden has claimed to be approximately $17 million in debt to his former law firm, which has taken legal action against him for unpaid bills. His attorney indicated in court that Biden "lives abroad" and "cannot afford" to pay these debts, a detail that some traders view as a clue to his motives for launching a meme coin now.
However, Biden has expressed his motivations clearly: in a recent interview with Tucker Carlson, he mentioned his interest in cryptocurrency and a desire to earn money as key reasons for his entry into the market.
He even referenced his legal expenses during the interview, making it easy to connect the dots regarding his intentions. Essentially, Hunter is launching this meme coin to capitalize on the same opportunities that attract many to the crypto market: the potential for quick profit.
Despite this, the likelihood of traders embracing Biden's new meme coin could yield different results based on timing. Historically, such tokens often see a surge in initial interest. For instance, the meme coin associated with Argentine President Javier Milei reached a $4.5 billion valuation shortly after its announcement, while Hailey Welch's Hawk Tuah coin soared to a $491 million market cap before experiencing a rapid decline of over 90%.
https://t.co/ZchxUCp9HW pic.twitter.com/aqlkfOKWcM
— deployer (@0xDeployer) September 7, 2026
Political and celebrity coins tend to attract an initial wave of buyers, regardless of public opinion about the individual involved. However, the subsequent wave of buyers can determine whether a token becomes a success or a laughingstock, and unfortunately, the latter has been more common.
When the developers of a meme coin hold a majority of the token supply, the situation often deteriorates—an issue seen in the case of Hailey Welch, who continues to face challenges following her own meme coin incident. As investor Mark Cuban noted last year, every meme coin is essentially "a rug pull in the works," with the excitement and risk lying in predicting when it might occur.