From 1.5 SOL to FOMOing Out of $3 Million: The "Naughty Kid" Dev Behind Quant's Surge
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From 1.5 SOL to FOMOing Out of $3 Million: The "Naughty Kid" Dev Behind Quant's Surge
Naughty kid throws tantrum and dumps RUG, community "justice" steps in to buy the dip and pushes price up.
Navigating Web3 tides with focused insightsAuthor: Ai Auntie
Today's biggest on-chain sensation is undoubtedly the surge of a meme coin called Quant, which has now reached a market cap of $60 million.
Beyond the price spike, the real intrigue lies in the fact that the developer behind this coin is just a minor—a teenage kid.
In the wave of simplified token launches on Pumpfun, creating a meme coin has become increasingly easy, and the drama designed to stir emotions keeps getting more outrageous:
A teenage kid launched a meme coin, then dumped it for over $3.35 million; afterward, he replicated the same playbook twice more with two additional tokens, profiting again... Jokingly speaking, haven't we already achieved Mass Adoption? Even kids can now enter the space and launch their own coins.
Prominent on-chain data analyst Ai Auntie compiled a full timeline and underlying data of this young trader’s activities. We’ve summarized her original thread as follows.
Launched Quant, Dumped for $3.35M
The story of this teenage trader began when he issued a Memecoin named "Quant." With an initial investment of just 1.5 SOL, he purchased 51.09 million tokens—5.11% of the total supply. What followed was astonishing: as the token price started rising, he chose to dump his entire holding at once, securing 128 SOL (approximately $30,000) in profit. Adding insult to injury, he flipped the middle finger to everyone right after the transaction—an act that instantly enraged the community.
Shortly after, Quant underwent CTO (community takeover), with governance handed over to the community and the dev exiting the scene.
At the time of dumping, the ROI on those 51.09 million tokens was 8,457%. Today, that same amount is worth $3.35 million (though of course, the market cap wouldn’t have taken off if he hadn’t sold early). He missed out on nearly 10,000x returns.
Having tasted success, he went on to launch two more tokens—$sorry and $lucy—repeating the same strategy and earning over $24,000 in additional profits.
The kid’s wallet address is:
Fi2hrxExy6TJnKcbPtQpo6iZzX9SUVbB9mDw6d29NgCn
Whale Addresses Fuel Quant’s Continued Surge
Even more interestingly, within seven minutes of the kid’s malicious dump at 11:56 AM, five key addresses emerged, collectively investing $56,400 to acquire 4.7% of the total supply. These moves not only stabilized the price but also generated over $2.92 million in gains for holders.
According to Ai Auntie’s monitoring, these addresses ranked among the top 10 holders of the token and were crucial forces driving its surge. Notably, the #1 holder wasn’t part of the coordinated effort—they had entered during the token’s early internal trading phase.
Ai Auntie also identified several of these so-called “heroes” who stepped in to drive the rally:
J433tnmDFbCrXwcVcmdiFKAuSuPuB2LTMq2qcRDpSjKE
CLegS2MSiCsBksVazCg4Y7Gz3NqeBK21QyvzK4Q7S168
2EkhJvG7eunHrecNsAijNx8aGcv2Kjd3schd12Gb5tmp
2mLso48BfjuZ4beMT3cP1ZSzm4BWjadfKYhMUUeEXoeT
9HQbw76L1NumMqh7su781go3ug9w8z7poSVoVWGDLLzx
Low Barrier, Deep Waters
Kid rage-dumps and rugs; community “heroes” step in to buy and pump.
This surreal story unfolding before our eyes carries a distinct flavor of magical realism.
In an era where anyone can launch a token, not only has market entry been dramatically lowered, but even minors can easily participate. Yet behind this convenience lurk numerous market distortions: from arbitrary token creation to malicious dumps, from astronomical pumps to life-changing missed opportunities—each stage tests the wisdom and discipline of every market participant.
When literally anyone can issue a coin and form a community, how do we identify genuine value amidst such low barriers to entry? That remains a question every retail investor must confront.
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