Author:Ai Aunt
The hottest topic on the chain today is the skyrocketing of a MEME coin called Quant, whose market value has now reached $60 million.
In addition to the surge, the highlight comes from the fact that the Dev behind this coin is just an underage kid.
In the wave of the simple "Pumpfun" token issuance mode, it has become increasingly easy to issue a MEME, and the highlights that mobilize people's emotions have become increasingly absurd:
A kid issued a MEME and then sold it for over $3 million; later, he issued 2 more coins and continued to profit... Humorously speaking, haven't we already achieved Mass Adoption, as even a kid can come in and issue coins now.
The well-known on-chain data analyst Ai Aunt has compiled the complete timeline and underlying data of the kid's coin issuance, and we have summarized the original post as follows.
Issued Quant, Sold for $3.35 Million
The story of this young trader began with the issuance of a MEME coin called "Quant". With an investment cost of only 1.5 SOL, he purchased 51.09 million tokens, accounting for 5.11% of the total token supply. The subsequent development was astonishing: after the coin price started to rise, he chose to sell off all his token holdings in one go, earning a profit of 128 SOL (about $30,000). Even more dramatically, after completing the transaction, he also flipped the middle finger to everyone, immediately angering the entire community.
Subsequently, Quant completed the CTO, and the community took over the tokens, with the Dev leaving.
When the kid sold those 51.09 million tokens, the return rate reached 8457%, and those tokens are currently worth $3.35 million (of course, if he didn't sell, the market value wouldn't have skyrocketed either), missing out on a return of nearly 10,000 times.
After tasting the sweetness, he then issued $sorry and $lucy in succession, copying the previous operation and making a profit of over $24,000 again.
The kid's wallet address is as follows:
Fi2hrxExy6TJnKcbPtQpo6iZzX9SUVbB9mDw6d29NgCn
Whale Addresses Drove Quant to Continue Surging
More interestingly, within 7 minutes after the kid's malicious dumping of the tokens at 11:56, five key addresses appeared in the market, investing a total of $56,400 and reclaiming 4.7% of the total tokens. The operations of these addresses not only stabilized the coin price, but also brought an astonishing profit of over $2.92 million to the holders.
According to Ai Aunt's monitoring, these addresses also occupy different positions in the top 10 token holders, and are all important driving forces behind the token's surge; while the top 1 holding address is not the behind-the-scenes manipulator, but has already rushed in during the token's internal period.
At the same time, Ai Aunt also listed several "righteous warriors" who drove the surge:
J433tnmDFbCrXwcVcmdiFKAuSuPuB2LTMq2qcRDpSjKE
CLegS2MSiCsBksVazCg4Y7Gz3NqeBK21QyvzK4Q7S168
2EkhJvG7eunHrecNsAijNx8aGcv2Kjd3schd12Gb5tmp
2mLso48BfjuZ4beMT3cP1ZSzm4BWjadfKYhMUUeEXoeT
9HQbw76L1NumMqh7su781go3ug9w8z7poSVoVWGDLLzx
Low Threshold, Deep Water
The angry kid rug-pulled, and the community "righteous" ones stepped in to pump the price.
The story unfolding before our eyes has a touch of magical realism.
In this era where anyone can issue coins, not only has the market entry threshold been greatly lowered, but even minors can easily participate. However, behind this convenience, the market's various chaos is also exposed: from casual coin issuance to malicious market dumping, from sky-high surges to huge missed opportunities, every link is testing the wisdom and self-control of market participants.
When anyone can issue coins, and anyone can form a community, how to find real value in low entry, is still a question that every "little leek" needs to think about.
