Other than Hunter, who knows exactly what Hunter Biden's comeback plan is.
Over the last few months or so, Hunter has made a splash. First, on X with a series of snappy comebacks toward the Trump family and administration. Then, with the launch of his Substack where he publishes almost daily. Finally, through a series of podcast interviews, including with members of the right-wing such as Candice Owens and Nick Fuentes. All of this has spurred conversations about whether he might be seeking a run at office.
Now, Hunter has launched a meme coin, $LAPTOP, a reference to his infamous laptop that became the subject of an October surprise news story ahead of the 2020 election.
Despite all of Hunter's protestations about the corruption of the Trump family, which has leveled corruption allegations of their own against Hunter and his father, here is Hunter now appearing to promote the same kind of get-rich-quick venture promoted by the likes of Donald Trump Jr. and Eric Trump. Hunter's meme coin is being framed as something of a tit-for-tat trolling of the Trumps and Hunter has said 20% of the supply is reserved for people who lost money on President Trump's meme coin. But, ultimately, this looks like any other valueless hype-up meme coin, and its first five hours bear that out.
$LAPTOP launched this morning at a price of ~$37 and, as meme coins do, the price spiked within five minutes to $222.75 until, just hours after its launch, it lost more than 95% percent of its value and at the time of writing is sitting around ~$1.77.
It's not clear why Hunter chose to launch a meme coin and it's strikingly off-brand for his new redemption arc as the prodigal son finally telling his side of the story while leveling anti-Trump-corruption barbs. But, regardless of his plan, $LAPTOP seems nothing other than a miscalculation.
Not only has the price turned out that way, but public reception to it has also been poor. Crypto-scam investigator Coffeezilla has a very good video looking at the project and its reception. He also reveals that Hunter appears to have had this in the works since before his comeback began: