The creator of the Solana Memo Coin, apparently a young man aged 10, cheated the owner late Tuesday night after the market value of the token reached 100 million yen. Overjoyed that he had just pocketed $330,000, the creator waved to everyone watching his live broadcast and shouted “Thank you, 20 bandos” as he flew around the room.
However, Crypto Twitter took it personally and immediately retaliated.
Within the next 4 hours, the pump will be primed. The GenZ #Quant #token (QUANT) fun soared to a maximum market value of ¥8,500 million. If this man had kept his cool until now despite his comments, according to the network, his comment would have been worth over 30,000, not 20,000 dollars, which is 400 million, and if we’ve seen such a thing, it’s a generational wealth distribution error.
it all started on Monday when a picture of a man standing behind QUANT went viral from mouth to mouth. "Just made $2,000 before school, reads a Twitter message posted on a Twitter account belonging to the child. "Please fix this
#cryptocurrency Twitter apparently found it amusing: the original post garnered over 300 million views, while other accounts post images with their own captions. Degens was surprised that apparently a 10-year-old kid could make a lot of money with cryptocurrency.
And that’s when the same kid launched the token through Pump. Just 2 days after the launch, it immediately caught Degens’ attention. Within 10 minutes of the launch, Dev promoted the project live and viewers and traders joined in the spectacle.
I think everyone who invested in QUANT and watched the live broadcast, including me, truly believed that this could be a promising coin, said Decrypt Nocci, a pseudonymous trader who bought the token. After all, it’s not every day you see a 2,000-year-old who made $12 by launching his own token. The excitement was intense
However, once the market value of the token reached 100 million yen, the man immediately sold the package and threw it away, causing the price of the token to drop 54% in just a few seconds. Bubblemaps, a data visualization company on the blockchain, called it a tug-of-war on the carpet.
Read us at: Compass Investments
#InvestSmart #DigitalCurrency
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
