Hunter Biden, the son of former U.S. President Joe Biden, has been posting about his love of all things crypto and blockchain on X, going as far as to say that he previously wanted to sell his art for bitcoin and distribute the art as non-fungible tokens (NFTs). While some crypto enthusiasts have responded to these posts by embracing Biden and welcoming him to “Crypto Twitter” with open arms, others see a trend that indicates the launch of a Biden-branded memecoin could be right around the corner.

The recent crypto posts began on Friday when Biden responded to a crypto-focused account asking if they’d be able to “help with the crypto vote” for a hypothetical, non-serious presidential run. Then on Saturday,…