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A younger streamer executed a $30K rug pull with a meme coin by the identify of Gen Z Quant (QUANT).
The token was created throughout one of many child’s streams. Virtually instantly after launching the token, the streamer bought 51 million QUANT tokens for 128 Solana (SOL), value roughly $30K on the time, netting a revenue of $29.6K, in line with a Nov. 20 X put up by Lookonchain.
QUANT Creator Misses Out On Thousands and thousands Of {Dollars}
After rugging the newly-created meme coin, different traders zeroed in on the token. This prompted its worth to surge. Knowledge from GeckoTerminal exhibits that Quant is up greater than 33% within the final 24 hours to commerce at $0.04685 as of 8:21 a.m. EST.
Its market cap at the moment stands at over $55.45 million. In the meantime, roughly 20.84K traders additionally maintain the token, which is simply over 8 hours outdated.
A literal youngster simply stole $30,000 dumping a memecoin on his stay stream
The coin is pumping now
he might have made thousands and thousands pic.twitter.com/bCo7knUFV0— dubzy (@dubzyxbt) November 20, 2024
Had the younger streamer simply held on to his holdings, his 51 million QUANT tokens would now be value $2.389,350. If he timed his exit on the crypto’s peak of $0.11929, the QUANT creator would have amassed over $6 million.
The child’s antics didn’t cease after the QUANT rug pull, nonetheless, as he went on to create two extra tokens with the tickers LUCY and SORRY. He then rugged these tokens as properly for 103 SOL value $24K.
Traders Dox The Gen Z Quant Creator
Through the stream, the meme coin’s creator confirmed two center fingers to viewers as he celebrated the profitable rugpull.
Replace: They Discovered the child who rugged $QUANT and located his Mothers Instagram 😂
He dumped his tokens for $30k however would now be value over $2M 😳🤯 pic.twitter.com/9505a7ltvH
— Gordon (@AltcoinGordon) November 20, 2024
Since he dumped his QUANT tokens, traders have been capable of uncover the true id of the meme coin’s creator, in addition to different private particulars reminiscent of who his mother is and the place he goes to high school.
Traders have additionally recognized the Instagram account belonging to his mother.
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