A new meme coin tied to the Biden name is set to hit the market, aiming its pitch directly at traders who took losses on the TRUMP token. Called LAPTOP, the project is scheduled to launch in September on Coinbase's Base network, with a chunk of its supply reserved for disgruntled TRUMP holders.
A Meme Coin With a Political Twist
The LAPTOP token draws its name from the infamous Hunter Biden laptop saga, leaning into political controversy as a marketing hook. Built on Base, the layer-2 blockchain developed by Coinbase, the project is positioning itself as a rival to the TRUMP meme coin that made headlines earlier.
The most eye-catching detail is its distribution plan. Roughly one-fifth of the total supply is earmarked for traders who lost money holding TRUMP, an apparent attempt to lure in an audience already burned by celebrity-branded tokens.
A meme coin built on political rivalry is betting that losing traders will chase the next big bet.
Betting on TRUMP's Losers
The strategy reflects a broader pattern in the meme coin space, where projects thrive on tribal loyalties, viral branding, and the promise of a rebound after painful losses. By targeting TRUMP holders who saw the token's value collapse, LAPTOP is wagering that frustrated speculators will look for a fresh opportunity rather than exit crypto entirely.
Meme coins tied to public figures have proven volatile, often surging on hype before crashing just as quickly. The TRUMP token itself became a cautionary tale for many buyers who entered near its peak.
Key features of the launch include:
- A September debut on the Base network
- Around 20% of supply set aside for TRUMP losers
- A brand built around political controversy
As with any meme coin, prospective buyers face significant risk. These tokens rarely carry underlying utility, and their prices are driven largely by sentiment and speculation rather than fundamentals.