Hunter Biden plans to launch a memecoin named LAPTOP on Sept. 9, according to The Wall Street Journal, in a move that would turn a politically charged episode linked to his father’s 2020 election campaign into a crypto asset. The planned token is being positioned toward traders who lost money on TRUMP, the memecoin associated with former President Donald Trump. The launch would also test whether Biden’s criticism of political profiteering through cryptocurrency extends to his own commercial ventures. Details about the token’s supply, blockchain, trading venues, price, and distribution were not provided in the source material. The project adds another politically themed asset to the memecoin market, where public figures and election-related branding have attracted significant trader attention. The reported plan remains subject to change until the proposed launch date.
Source
CryptoSlate
This is an original Moneyiar brief based on the cited source.
Read original source ↗
