All posts tagged "Meme Coin"

Hunter Biden is turning the laptop that upended his father's presidency into a cryptocurrency that takes aim at President Donald Trump.

According to a Monday article by the Wall Street Journal, the son of former President Joe Biden will launch a meme coin called $LAPTOP on September 9 and trade it on Base, a blockchain built by the crypto exchange Coinbase. The token's name nods to the personal computer whose contents, including foreign business records, drug use and explicit photos, fueled years of investigations and conspiracy theories after surfacing in 2020.

The rollout takes direct aim at the Trump family. According to people familiar with Biden's plans who spoke to The Journal, roughly 20 percent of the one billion tokens will be sent to crypto wallets belonging to people who lost money on $TRUMP, the president's own meme coin, along with subscribers to Hunter Biden's Substack and a mailing list run by his friend, video journalist Andrew Callaghan. $TRUMP briefly approached a $15 billion market value after its January 2025 debut before collapsing....

President Donald Trump is hosting a dinner at his private gold club near Washington, D.C., Thursday night for the top holders of his $TRUMP meme coin, but a report in The Guardian says nearly half of his "winners" have lost millions on the cryptocurrency.

According to last month's announcement, the top 220 holders in a $TRUMP meme coin competition would win a ticket to a gala at the Trump National golf club. The top 25 holders would also get the chance to meet the president at a “Private VIP Reception” before the dinner, and the very top four would win a limited edition Trump Tourbillon watch that sells for $100,000.

The Guardian reported that the announcement "caused the coin to spike more than 50%."...