Hunter Biden is reportedly preparing to launch a memecoin called LAPTOP, according to The Wall Street Journal as cited by Cointelegraph. The planned distribution would cover 200 million LAPTOP tokens and target several groups: subscribers to Biden’s Substack, members of a mailing list and investors who hold President Donald Trump’s memecoin, TRUMP. The report places TRUMP holders among the intended recipients of the new token, linking the planned launch to an existing politically themed crypto asset. No further details about the token’s launch date, distribution mechanism, valuation or trading venues were provided in the source material. The reported plan adds another politically connected memecoin to a market segment that includes assets associated with public figures and online communities.
Source
Cointelegraph
This is an original Moneyiar brief based on the cited source.
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