Hunter Biden’s Laptop, or LAPTOP, traded at $0.0734, up 1.81%, after crypto outlet Market Insider said its market capitalization had fallen below $25 million, down 99.9% since launch. Market Insider estimated that the project team had made tens of millions of dollars, a claim Hunter Biden rejected. He said the LAPTOP team wallet had not sold a single token, questioned the basis for the estimate and said anyone making it should identify the wallet involved. Hunter Biden had previously described the launch as poor and said accounting records would be disclosed. Earlier reports said LAPTOP’s team holdings were locked for six months and subject to a two-year vesting schedule. The token previously rose 12.80% to $0.07377 over 24 hours before the later market-cap update, while its decline was reported from a $50 billion peak and an earlier $26 million valuation.