Ruthless Gen Z – Kid Rugs QUANT For $30k Profit On LiveStream

Author
Last updated on:
Fact Checker's Full Profile
Fact Checker
Author's Full Profile

Here the worst of this TikTok meta. With QUANT (Gen Z Quant) we may have reached the lowest point. Child scams in livestream for $30k profit.

We are witnessing the best and worst of this TikTok meta, and with QUANT (Gen Z Quant), we may have reached the lowest point as a child scam in live stream for $30k profit.

But in an unusual twist, the community rebelled with a post-stream CTO and sent the coin to over $80 million market cap.

Ironically, the trader’s original holdings would have been worth over $2.8 million if he had not sold them. Blockchain analytics platform Lookonchain discovered that the trader had also created and rugged two other tokens, $SORRY and $LUCY.

He profited $13,000 from $SORRY and $12,000 from $LUCY.

He made over $53,000 from these rug pulls, but his portfolio could have been worth millions if he had held on.

EXPLORE: 16+ Tokens That Look Set To Explode – Expert Cryptocurrency Predictions & Analysis

Could Quant Kid Get Into Trouble? Probably Not

The livestream clips of the rug pull went viral. Obviously, many people have vented their anger over these rugs with harsh words and threats. Kids in crypto is not something new, with this TikTok trend we just got new ones.

The incredible ease of access to cryptocurrencies is a double-edged sword: unfortunately, many children, even those who are 13 or 14 years old, dabble as improvised developers or even just traders.

Often, they do not realize the danger of exposing themselves so much. At 13, you are mostly unconscious and do not think about the possible consequences.

The result is that he and his entire family, including their home address, have been doxxed. Hopefully, the child will receive the proper education and understand the enormity of his actions, although that is unlikely. I mean, he just launched more coins right after Quant one.

There are many more examples like him, and they often suffer no consequences. Instead of demanding more moral weight from these Gen Z kids, wouldn’t it be better to avoid investing in coins like this in the first place?

EXPLORE: Chill Guy Coin Price Action Is Not Chill At All: Explosion Of TikTok Meme Coins

Join The 99Bitcoins News Discord Here For The Latest Market Updates

Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.

Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.
99Bitcoins may receive advertising commissions for visits to a suggested operator through our affiliate links, at no added cost to you. All our recommendations follow a thorough review process.

Free Bitcoin Crash Course

Learn everything you need to know about Bitcoin in just 7 days. Daily videos sent straight to your inbox.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service
We hate spam as much as you do. You can unsubscribe with one click.