Hunter Biden Launched Laptop Meme Coin in September
The token experienced a significant value decline shortly after its debut on the cryptocurrency market.
Updated on Sept. 24, 2026 in Financial Crime
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Hunter Biden launched the $LAPTOP meme coin on September 9, 2026, as an attempt to troll Donald Trump. The digital asset saw its valuation plummet by approximately 95 percent within hours of its market entry.
Why it matters
The venture highlighted the volatility and risks inherent in celebrity-backed digital assets. Biden aimed to redistribute portions of the asset to individuals who previously suffered financial losses on meme coins associated with Donald Trump.
The token opened at $37.26 and reached a peak of $222.75 before falling to $1.86 by 11 a.m. ET. Federal authorities have not announced any specific regulatory investigations into this launch.
The players
Hunter Biden
He is a lawyer and the son of President Joe Biden who has recently entered the digital asset space.
Donald Trump
He is the current President of the United States and has previously been associated with his own branded meme coins.
The details
The project involved Hunter Biden and other owners holding 30 percent of the issued tokens, with an additional 20 percent earmarked for investors who lost money on Donald Trump's meme coin. Biden discussed the initiative during an appearance on the Soul Boom podcast on September 24, 2026.
Timeline
September 9, 2026: Hunter Biden launched the $LAPTOP meme coin.
September 9, 2026, 11:00 a.m. ET: The token price dropped to $1.86.
September 24, 2026: Hunter Biden appeared on the Soul Boom podcast.
Legal Context
This event mirrors the ongoing challenges in regulating speculative tokens endorsed by high-profile figures. The rapid volatility follows a pattern set by the SEC warning on celebrity-endorsed crypto assets regarding the potential for sudden value loss.
Investors should note the high-risk nature of celebrity-promoted meme coins, which frequently suffer from extreme liquidity issues and rapid price devaluation. There are no specific safety advisories issued by financial regulators for the general public regarding this asset.
The takeaway
Speculative digital assets often lose significant value shortly after launch due to high volatility and lack of underlying utility. Investors are cautioned that celebrity endorsements do not provide protection against market losses.
Further reading
Learn more about regulatory challenges in the digital asset market on the Financial Crime section page.
Source note: This article includes information reported by Mediaite.
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