At 13 years old, made $50,000 from issuing tokens, and was exposed by the entire internet.

Do you remember Quant Kid?

1/ Issuing tokens → Pumping → Dumping

November 2024

A kid with the online name Quant Kid issued a token through Pumpfun.

He went live to promote his token $QUANT, attracting many viewers.

The price surged by 260%.

But he then dumped it.

He made about $30,000 in profit.

2/ Community CTO

The traders who got wrecked were unhappy.

They directly initiated a community takeover, turning the incident of being "wrecked by a 13-year-old kid" into a new narrative.

They forcibly pushed the market capitalization of $QUANT to $90 million.

What's worse is that the kid was exposed by the entire internet. His name, family, and school were all revealed.

3/ Issuing tokens consecutively

At this point,普通人 would likely back down.

But this kid escalated.

He took advantage of the traffic and consecutively issued tokens like $SORRY, $LUCY, $CABAL, etc.

He continued to harvest profits.

Ultimately, he made about $52,000 in profit.

From Quant Kid's perspective, each transgression received positive feedback. The system was using real money to tell him: keep going.

In an unconstrained system, the most rational strategy is often the most unethical.

When a 13-year-old kid can discover this, the countdown for this system has already begun.

As expected, after that, the bubble burst, and the bear market arrived as scheduled.

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