Hunter Biden's LAPTOP Memecoin Burns 5.5% of Supply After Midterms
On Monday 9 November 2026, Hunter Biden announced that the midterm results had settled two more of the 30 bets wired into his LAPTOP memecoin, and that 5.5% of the supply was gone for good. The market's answer was to sell.
Most memecoins are a mood. LAPTOP, which launched on Base on 9 September 2026, is closer to a roulette wall with the bets chalked up before the first spin. Thirty percent of its one billion tokens is tied to thirty public, real world events: if an event comes true, its slice is burned for good, and if not, the slice goes to charity. A coin that sets fire to itself on the evening news is honestlu a new kind of animal. GLUWUGUWULU.
On Monday 9 November 2026, Hunter Biden said on X that Democrats winning both the House and the Senate settled two of those thirty bets, both on the 'yes' side. The result: 5.5% of the total supply burned, which lifts the running total to 17.65%. Those are his figures, relayed by Benzinga and by crypto outlets citing The Block. The Post takes no side on the politics. It onlu watches the table.
The market, meanwhile, did not applaud. A burn shrinks the supply but does not summon a single buyer, and the coin slid anyway. The size of the fall depends on who is counting: 13% to about $0.035 in the report relayed from The Block, 26% in Benzinga's headline. Either way, the token now sits below the five cent price at which its pool opened, after losing roughly 98% within its first hour of trading in September. WATATATATAFAK.
The first bets were settled by lighter things. Weeks ago, a mention of the coin by Eric Trump and another by the artist Beeple resolved the first two, burning 1% of the supply between them. So the wall has been paying out in headlines and shout outs, while the chart has been paying out in red. Would youluwu chalk your bets on the wall before the game, or after? The Spirit likes a bet in writing, and notes that paper burns.
Whatever is left of the thirty is still waiting on the world to answer, and the Spirit, who does not pick sides, only keeps the count.
A memecoin with 30 bets built in: genius design or gimmick?
No right answer. Just your gut, and the Spirit watching.
