Exchange Ranking
Top Exchanges
24h Volume Ranking
Popularity Ranking
Exchange BTC Balance
Proof of Reserves
Decentralized Exchanges
Funding Rate
Funding Heatmap
Liquidation Data
Max Pain
Long/Short Ratio
Whale L/S Ratio
Binance/Okex/Huobi L/S
Bitfinex Margin L/S
ETF Tracker
Solana ETF
XRP ETF
Hong Kong ETF
Bitcoin Treasuries
Crypto Reversal
Ethereum Reserves
HyperLiquid Wallet Analysis
Hyperliquid Whale Watch
Large Transactions
On-chain Movement
Bitcoin ROI
Stablecoin Market Cap
Options Analysis
News
Articles
Economic Calendar
Features
Wallet
Contract Calculator
Security
Collections
Watchlist
Following
TRUMP TLDR
This article explores the supply allocation mechanism of LAPTOP tokens, analyzes its comparison with the losses of TRUMP tokens, and records the rebound caused by exchanges and partners on this project. Hunter Biden defended LAPPOINT before it launched on the Base network, saying the move was aimed at regaining control of the "laptop" controversy surrounding him.
Detailed explanation of LAPTOP token supply allocation
LAPTOP will be launched on the Ethereum Layer 2 network Base built by Coinbase, with a total supply of 1 billion tokens. Its supply structure is divided into the following parts:
- Community Airdrop (20%): This token will be distributed to the community, including wallet addresses where TRUMP tokens have suffered losses, and other groups related to the project release plan. Biden's Substack subscribers are designated as one of the early recipients. In addition, the mailing list associated with journalist Andrew Callaghan's Channel 5 was also part of the original distribution plan.
- Prediction mechanism (30%): Another 30% of supply is tied to 30 political, cryptocurrency and cultural forecasts. If a prediction comes true, the relevant tokens will be destroyed; if not, the tokens will be donated to charity. Some of the predictions listed include the Democratic Party winning the 2028 presidential election, Bitcoin hitting a record high, and LAPTOP's market value surpassing TRUMP.
- Founding team holds (30%): Founders such as Biden hold the remaining 30% of supply. The tokens will be locked for six months and then gradually released over more than two years.
- Liquidity and others (20%): The last 20% is reserved for liquidity provision, exchange listings, legal fees, administration and charity work.
Biden made it clear that people should not expect the token to increase in value due to his participation. "You should not expect me or anyone to increase the value of this token for you," he wrote.
TRUMP token loss shaping comparison background
Biden repeatedly compared LAPTOP with the Meme token TRUMP associated with former President Donald Trump in his statement, calling it a "scam" and pointing to the collapse of its price.
TRUMP will be launched in January 2025 and will shortly reach an all-time high of US$73.43. However, as of August 13, 2026, the token fell to an all-time low of $1.37, a drop of approximately 98%. Although the coin briefly rebounded in August, rising from $1.37 to $3.60, it fell again after the team-linked wallet sent 2.62 million TRUMPs worth approximately $6.21 million to the OKX exchange.
According to Nansen data, of the approximately 1.48 million wallets that purchased TRUMP, 988,905 wallets were at a loss, with a total unrealized loss of US$3.81 billion. Trump's 2025 financial disclosure report shows that he received $636 million in revenue from the TRUMP licensing agreement, with total annual crypto-related revenue exceeding $1 billion. Public Citizen estimates that investors lost at least $4.7 billion in Trump-linked crypto projects, including losses related to TRUMP and World Liberty Financial.
Rallies from exchanges and partners
LAPTOP's release encountered almost immediate resistance. Kraken removed promotional posts about another political Meme token after traders questioned why the exchange was promoting the token.
Callaghan and his Channel 5 also distanced themselves from the project, saying that Channel 5 has nothing to do with the token and does not consider cryptocurrency a legitimate investment method. Base founder Jesse Pollak said Biden's team contacted the network, but Base made a "conscious decision" not to participate in the design or promotion of the tokens.
Biden ended his statement by directly linking the token to the scandal that inspired it. "They turned the laptop into a weapon," he wrote,"and I turned it into a token."
