Biden Denies Profits From Crash-Hit LAPTOP Memecoin

Hunter Biden denied claims that he profited from his LAPTOP memecoin after its launch triggered an early selloff and widespread accusations of a 'rug pull'.

In an X post, Biden said neither he nor anyone on his side sold tokens, adding that he 'personally' has not earned money from the project.

The token initially traded at about $0.05 at launch but experienced a sharp drop in the first hour, losing more than 95% in value according to social media reports.

At the time of writing, CoinGecko data showed LAPTOP trading around $0.8562.