Crypto

Hunter Biden Denies LAPTOP Memecoin Profits Amid Price Crash

Guavy AI Editorial Team Published September 10, 2026

Instruments

APT OP MEME

Hunter Biden, son of US President Joe Biden, has denied profiting from his 'LAPTOP' memecoin after its launch. The project's token initially traded at about $0.05 but lost over 95% in value within the first hour.

Biden claimed that neither he nor anyone on his team sold tokens, stating that their allocation is 'locked.' He also said he personally has not made a single dollar from LAPTOP.

The project attributed the early price crash to insufficient liquidity and activity from automated trading bots known as 'snipers.'

The Wire

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