A teenager disappeared with a loot of 30 thousand dollars harvested after the launch of his own project, the GenZ Quant (QUANT). This initiative caught the attention of a community, which even reached a frenzy, when they observed, during a live broadcast, a boy of about 12 years of age, whom they saw as a prodigy in the world of cryptocurrencies, business and investments.
Apparently this all started when A photo of the boy behind QUANT went viral on Monday. “I just made $2,000 before school,” said the post from the account. Solana Plays in X.
After that, the young man launched his QUANT Cryptocurrency and in a matter of hours the price of the digital asset skyrocketed due to the enthusiasm of the community that supported the memecoin without asking questions or questioning anything.
“This is real: live action from the kid changing the cryptocurrency game!” reads the description from the pump.fun platform, where the token was launched. Many believed in its promises of innovation and the next generation of digital assets.
So much so that in a short time, the market capitalization of the token climbed from one million to 85 million dollars, driven by the virality of the story and the entertaining nature of a child who demonstrated business acumen.
Everything seemed to be going very well with the children’s project when, suddenly, the young man made the decision to sell his tokens, after which he made an obscene gesture with his fingers for the camera and disappeared with 30 thousand dollars.
The analysis platform Lookonchain captured the direction of the Bitcoin-criptomonedas-semilla-hardware-seguridad/” target=”_blank” rel=”noreferrer noopener”>wallet of the boy while he was broadcasting live. “A boy created a Quant coin while live streaming and sold it for 128 SOL, making a profit of about 30 thousand dollars!” reported on the social network X.
According to Lookonchain’s post, The boy then created two more tokens, which he named Lucy and Sorry.and subsequently sold them for a profit of 103 SOL (the native utility currency of the Solana network), equivalent to about 24 thousand dollars.
The community consummates its revenge
Another piece of information from Lookonchain analysts draws attention. They point out that “the 51 million QUANT tokens the boy sold were then worth $4 million!” they wrote. It shows that the price of the token did not continue in free fall after the disappearance of its creator, but, on the contrary, something happened that many call “a revenge bomb,” in which a group of QUANT token owners banded together to teach a lesson to a young man who wanted to take advantage of the empathy generated while broadcasting live.
The data of bubblemaps They point out that a new group of wallets subsequently immediately took QUANT tokens and then sold them at a much higher profit. Later, this group of wallets made $1 million in profits, surpassing previous traders and the creator of the token.
«In reality, the boy lost more than 2 million dollars. “I’m proud of us,” points out a member of the community.
As CriptoNoticias reported earlier “meme mania” has been raging for a year. In fact, the data provided by Google Trends shows that the interest in memecoins has grown more than 300% so far in November.
This boom turns searches into a key indicator not only of its popularity, but also of possible movements in its price, as it is evidence that there are retailers reaching this market.
In short, the memecoins have become a phenomenon which has captured the attention of many, but beyond the laughter, memes and fun, it is always good to keep in mind that the risk is latent, lying in wait for the unwary.
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