The young streamer behind a viral meme coin called Quant was deceived by the crypto community after scamming investors. <a target="_blank" href="https://decrypt.co/292594/this-child-made-30k-rugging-a-solana-meme-coin-then-crypto-degens-got-revenge”>as reported by Decipher and The crypto times. During <a target="_blank" href="https://x.com/TikTokInvestors/status/1859090725688012924?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1859090725688012924%7Ctwgr%5Ea1cceb0a3b4512ab33b7f37dfe3cbeb3530a3e11%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fwww.dlnews.com%2Farticles%2Fdefi%2Fmiddleschool-quant-memecoin-founder-dog-was-stolen%2F”>a live stream earlier this weekThe boy giddily watched the price of his meme coin rise before selling his stake for $30,000 and angering viewers, causing its price to plummet.
The young investor, <a target="_blank" href="https://www.the-blockchain.com/2024/11/20/crypto-traders-doxx-13-year-old-boy-after-rug-pulling-pump-fun-tokens/”>who reports claim He is 13 years old, he began to attract attention after his <a target="_blank" href="https://x.com/SolanaPlays/status/1858532083070640565?”>the post on x went viral. “I just did a 2k before school. Block,” the post read, along with a photo of the boy holding up his phone to show off his accomplishments. When the boy later launched his Quant token during a live stream, investments started coming in quickly, until he took all the money out of the token completely. Decipher information.
But things started to get strange and eventually ugly as members of the community looked for ways to get revenge:
This is just the latest example of a trend around meme coin creators promoting their tokens through live streams, which involve wild things. and sometimes dangerous – stunts.