Hunter Biden said he is launching a Base-chain memecoin called $LAPTOP, and analytics firm Bubblemaps says nearly 80% of tracked traders have already lost money, with the token changing hands
Hunter Biden said he is launching a Base-chain memecoin called $LAPTOP, and analytics firm Bubblemaps says nearly 80% of tracked traders have already lost money, with the token changing hands near $0.84 in a research-time snapshot dated September 10, 2026.
TLDR KEYPOINTS
- Hunter Biden publicly announced a $LAPTOP memecoin launch on Base; the attribution rests on his own X post and the project's FAQ.
- Bubblemaps says nearly 80% of tracked $LAPTOP traders lost money, a rounded figure the firm published directly.
- The loss figure's methodology, snapshot time and realized-versus-unrealized breakdown were not independently established, limiting how far it can be read.
Hunter Biden's reported $LAPTOP memecoin launch
Hunter Biden announced on September 8, 2026 that he was launching a meme coin called $LAPTOP, referencing a Wall Street Journal write-up in a public post on X. The token's official FAQ separately names him as founder and identifies Base as the chain. For related coverage, see XRP ETFs Draw Nearly $2 Million Despite Slower Momentum.
The connection to Hunter Biden therefore rests on his own announcement and the project's own materials, not on independent confirmation. Readers should treat the founder attribution as issuer-stated rather than externally verified. For related coverage, see Strive SATA Closes at Par for 14th Day, Enabling 95 BTC Buy.
Source: @HunterBiden on X
What is known about the reported launch
The project lists an official Base contract of 0xB095274743941e953c746F9C228DA9c18Bb6ec29, matching CoinGecko's asset record. It states a total supply of 1,000,000,000 LAPTOP, with 35% unlocked at token generation.
The stated allocation puts 30% with founders, 30% toward predictions and 5% directly to charity, alongside 10% each for a day-one airdrop, a future airdrop and liquidity, plus 5% for a foundation treasury. The FAQ gives eligible Substack subscribers 30 days to claim, and describes an allocation for $TRUMP loss-makers to be distributed at participating exchanges' discretion, not an automatic reimbursement. That distinction has largely gone unexplained elsewhere, similar to the operational nuances that surface around newly structured token distributions.
What the nearly 80% underwater claim means for $LAPTOP traders
Bubblemaps stated on September 9, 2026 that 80% of $LAPTOP traders lost money, publishing rounded loss brackets rather than a full wallet table. That headline figure is the analytics provider's own published finding.
Source: @bubblemaps on X
Reporting from CryptoSlate, citing Bubblemaps, put the count at 12,151 loss-making traders out of 15,206 tracked, with 3,026 profitable and 29 at break-even or unpriced.
LAPTOP traders reported to have lost money
Nearly 80%
CryptoSlate, citing Bubblemaps, reports 12,151 loss-making traders out of 15,206 tracked (about 79.9%). The analysis does not establish whether losses were realized, unrealized or combined; its exact observation time and methodology were not independently retrieved.
How underwater positions are measured
Underwater generally means a position's current value sits below its acquisition cost. That is not the same as a realized loss, and the published data does not confirm whether these losses were realized, unrealized or combined.
The available evidence does not establish the observation time, cost-basis method, or how fees and transfers were treated. Wallets, holders, traders and individual people are not interchangeable, and the figure should not be read as nearly 80% of people losing 80% of their money. The caution mirrors the attribution discipline seen around third-party data disclosures.
What remains unclear about $LAPTOP's market performance
A LAPTOP snapshot showed a price of $0.84, a market cap near $294.8 million and 24-hour volume around $27.5 million, while the 24-hour change was unavailable. Broad crypto sentiment sat at 69, or Greed, a market-wide reading rather than a LAPTOP-specific one.
An underwater share alone does not reveal aggregate dollar losses, liquidity depth, or how losses are distributed across wallets. Timestamped price history, pool liquidity and holder concentration remain the missing context, and CryptoSlate's account of thin liquidity means a theoretical valuation should not be equated with invested capital.
The next confirmation to watch is Bubblemaps' underlying wallet table and methodology, plus how the 30-day subscriber claim window and the discretionary $TRUMP loss-maker allocation are actually executed. Regulatory framing is issuer-stated too: the project calls LAPTOP an entertainment memecoin conferring no equity, names Phoenix Veritas Ventures Ltd. as trademark owner and links a MiCA whitepaper that was not fetched, a reminder that clearer statutory lines await measures like the Crypto Clarity Act.
Disclaimer: This article is for informational purposes only and does not constitute financial or investment advice. Cryptocurrency and digital asset markets carry significant risk. Always do your own research before making decisions.
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