The token's market capitalization remained above $770 million, while its fully diluted valuation was approximately $2.2 billion at the time of the report.
The project was created as a reference to the laptop left by Hunter Biden in a Delaware repair shop in 2019. The total supply of the memecoin is one billion tokens.
The project aims to compete with the TRUMP token. To achieve this, a portion of the supply is reserved for investors who lost money on the TRUMP memecoin.
About 30% of the token supply is linked to political and market predictions. Tokens can be burned if the Democrats win in 2028, Bitcoin reaches a new all-time high, or LAPTOP exceeds the TRUMP token in market capitalization.