On September 9, 2026, Hunter Biden launched the $LAPTOP meme coin on Coinbase's Base blockchain. The token opened at approximately $3 and quickly rose to prices between $190 and over $300 within minutes.
The surge was short-lived, as the token lost between 98% and 99% of its peak value within the first hour, returning to single-digit prices by the afternoon.
The total supply of $LAPTOP was set at 1 billion tokens, with 350 million (35%) unlocked at the token generation event. At its peak, the fully diluted valuation reached between $100 billion and $200 billion, while liquidity pools held as little as $48,000.
Trading volumes on the Aerodrome decentralized exchange on Base ranged from $5 million to $19 million during the first hour. Following the launch, copycat tokens appeared on other chains within hours.
Hunter Biden stated that the coin was a reclamation project rather than an investment vehicle and warned buyers not to expect price appreciation.