A young streamer performed a $30K rug pulling with a coin named meme. Gen Z Quant (QUANT).
The token was created during one of the kid’s streams. The streamer made a $29.6K profit almost immediately after the launch of the token. Post by Lookonchain.
The QUANT creator missed out on millions of dollars
Other investors seized on the token after rugging the newly created meme coin. Its price soared. Data from GeckoTerminal Quant has risen by more than 33% over the past 24 hours, trading at $0.04685. This was as of 8:21 am EST.
Market capitalization currently exceeds $55.45million. Approximately 20,84K investors hold the token which is only 8 hours old.
The young streamer’s 51 million QUANT coins would be now worth $2.389.350 if he had just held on to them. If he timed his exit at the crypto’s peak of $0.11929, the QUANT creator would have amassed over $6 million.
The kid’s antics did not stop after the QUANT rug pull, however, as he went on to Create your own Two more tokens, with the symbols LUCY and Sorry. The tokens were then sold for 103 SOL, or $24K.
Investors do not like the Gen Z Quant Creator
During the stream, the meme coin’s creator showed two middle fingers to viewers as he celebrated the successful rugpull.
Since he dumped his QUANT tokens, investors have been able to uncover the true identity of the meme coin’s creator, as well as other personal details such as who his mom is and where he goes to school.
Investors also identified an Instagram account that belongs to his mother.
