{"id":601225,"date":"2024-11-20T14:29:53","date_gmt":"2024-11-20T14:29:53","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=601225"},"modified":"2024-11-20T14:29:53","modified_gmt":"2024-11-20T14:29:53","slug":"kid-executes-30k-rug-pull-with-gen-z-quant-token-he-created-during-live-stream","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/kid-executes-30k-rug-pull-with-gen-z-quant-token-he-created-during-live-stream","title":{"rendered":"Kid Executes $30K Rug Pull With Gen Z Quant Token He Created During Live Stream"},"content":{"rendered":"

A young streamer executed a $30K rug pull with a meme coin by the name of <\/span>Gen Z Quant<\/span><\/a> (QUANT).<\/span><\/p>\n

The token was created during one of the kid’s streams. Almost immediately after launching the token, the streamer sold 51 million QUANT tokens for 128 Solana (SOL), worth approximately $30K at the time, netting a profit of $29.6K, according to a Nov. 20 X <\/span>post<\/span><\/a> by Lookonchain.<\/span><\/p>\n

\"quant<\/p>\n

QUANT Creator Misses Out On Millions Of Dollars<\/span><\/h2>\n

After rugging the newly-created meme coin, other investors zeroed in on the token. This caused its price to surge. Data from <\/span>GeckoTerminal<\/span><\/a> shows that Quant is up more than 33% in the last 24 hours to trade at $0.04685 as of 8:21 a.m. EST.<\/span><\/p>\n

Its market cap currently stands at over $55.45 million. Meanwhile, approximately 20.84K investors also hold the token, which is just over 8 hours old.<\/span><\/p>\n

\n

A literal child just stole $30,000 dumping a memecoin on his live stream<\/p>\n

The coin is pumping now
he could have made millions pic.twitter.com\/bCo7knUFV0<\/a><\/p>\n

— dubzy (@dubzyxbt) November 20, 2024<\/a><\/p><\/blockquote>\n