Hunter Biden, the second son of former US President Joe Biden, claimed via his X account, "The LAPTOP team wallet did not sell a single token. The allegation that the team made tens of millions of dollars in profit through selling off team holdings is not true." Previously, the cryptocurrency specialized media outlet Market Insider pointed out via its official X account, "The market capitalization of Hunter Biden's memecoin LAPTOP has fallen below $25 million. The drop since its launch is 99.9%, and the team is estimated to have made tens of millions of dollars in profit." In response, Hunter Biden retorted, "I wonder who estimated that. I said the LAPTOP launch was terrible, and I stated that I would disclose the accounting details. If anyone estimated tens of millions of dollars in profit, they might be able to disclose the wallet in question." Meanwhile, according to CoinMarketCap, LAPTOP is currently trading at $0.0734, up 1.81%.