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Category: CRYPTO NEWS
The post GenZ Rugs QUANT For $30K Profit But Community Revenge Propels Token By 71,000% appeared on BitcoinEthereumNews.com. In a rug pull attempt, a GenZ kid created the QUANT token and sold it within a few hours to bag $30K in profit. However, to his surprise, the crypto community came together and pumped the token to new highs. As a result, the token grew by 71, 000%, making it the rarest crypto trading experience in the industry. The crypto market has a global market cap of $3.11T, where millions of investors come together to participate in crypto trading, so unique incidents happen almost daily. However, something like this is seen for the first time, making it the biggest crypto scam fail. GenZ Rug Pull Scam Failed & Crypto Trading Community Won A GenZ kid’s token creation and mass selling became the highlight of the day when he live-streamed the process, gaining both laughs and anger from the crypto trading community. This amateur trader launched a Solana memecoin, QUANT on the pump.fun, the famous memecoin launcher site, and sold all his 51M QUANT holding for 128 SOL, worth $30K. However, the same 51M token became $4M after the crypto community pumped the token in revenge. A kid created a coin $Quant while live-streaming and sold all of it for 128 $SOL($30K), making a profit of $29.6K! The 51M $Quant he sold is now worth $4M! He then created $lucy and $sorry, selling all of them for another profit of 103 $SOL($24K)! Address:… pic.twitter.com/TYbS6psUYp — Lookonchain (@lookonchain) November 20, 2024 Though the creator has bagged $29.6K in profit, he lost millions. Interestingly, other holders had the full advantage of the pump, as the QUANT price surged 71386% in just six hours per Lookonchain post. With that, the token peaked at its ATH, where one token became equivalent to $0.07876. More importantly, it gained a trading volume of $213.7M, impressing the…
2024-11-21T03:29:11+00:00