A 13-year-old streamer has reportedly made $30,000 by creating a cryptocurrency meme coin, gaining attention in the process.
A 13-year-old streamer has reportedly earned $30,000 in a surprising story from the world of cryptocurrency.
He achieved this by creating his own meme coin called $QUANT.
Many teenagers spend their time playing video games or hanging out with friends.
However, this young entrepreneur has ventured into the complex world of digital currency.
The birth of $QUANT
The unnamed teenager decided to enter the cryptocurrency scene by launching his own token.
He named it $QUANT and aimed to attract attention and investors.
The coin quickly gained popularity, partly due to the boy’s live streaming efforts where he showcased his project.
During one of his streams, he engaged in a practice known as a “rug pull.”
This involves artificially increasing the price of a cryptocurrency to draw in other investors.
The boy started putting money into $QUANT, making it seem like a hot investment.
As more people became interested, they began investing their money into the coin.
Teen streamer earns jaw-dropping $30,000 from creating crypto meme coin at 13
After boosting the coin’s value, the teenager made a significant move.
He withdrew all his money from the coin, taking the investments of others with him.
This tactic allowed him to pocket an astonishing $30,000.
During the livestream, he expressed disbelief at his success, exclaiming, “No way, holy f***, holy f***.”
Many viewers were quick to respond in the comments, encouraging him to sell while he could.
One comment read, “MAKE UR BAG BRO SELL SELL SELL,” showing how excited people were about his unexpected windfall.
A twist in the tale changed everything unexpectedly.
After the boy’s actions, the cryptocurrency community reacted in an interesting way.
Many people began pouring money into the $QUANT coin after he had already pulled out his investments.
This unexpected surge in investment caused the price of the cryptocurrency to skyrocket.
If the boy had waited to withdraw his money until after this surge, his $30,000 investment could have been worth a staggering $4 million.
This twist shows how unpredictable the cryptocurrency market can be.
The meme coin phenomenon
Meme coins, which are cryptocurrencies created as jokes or for fun, have gained popularity in recent years.
Dogecoin is one of the most famous examples, originally launched as a joke featuring a Shiba Inu dog.
However, it quickly became a serious player in the cryptocurrency market, reaching impressive values.
The rise of meme coins highlights how social media and online communities can influence the value of digital currencies.
Often, hype and excitement can drive prices up dramatically, as seen with $QUANT and Dogecoin.