Teen’s Memecoin Turns $462 into $1M for a Crypto Investor
Memecoins have continued to dominate the crypto scene in 2024, with one recent story showcasing the wild profits—and missed opportunities—that can arise in this space.
A young livestreamer made headlines after creating a token called Quant (QUANT) during a broadcast. Selling off the entire supply for 128 SOL , equivalent to $30,000, the creator managed a swift profit of $29,600.
However, what seemed like a smart move turned bittersweet when it emerged that the tokens sold are now valued at $4 million—a staggering missed opportunity.
The story doesn’t end there. This enterprising creator also launched two additional tokens, Lucy and Sorry, pocketing another $24,000 in profits. Yet, the biggest winner wasn’t the creator—it was a savvy investor who spotted Quant early.
READ MORE:
Solana’s Memecoin Boom: A Catalyst for Growth or a Risky Fad?According to blockchain analytics shared by Lookonchain, a whale invested just 2 SOL (around $462) into Quant and saw that modest stake balloon to nearly $1 million within three hours.
While the whale has cashed out $27,000 so far, most of the profits—$962,000—remain untouched, signaling their confidence in the token’s potential.
This rollercoaster tale underlines the volatile yet lucrative world of memecoins, where fortunes can be made—or lost—at lightning speed.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Elon Musk announces release date for Grok 3, calls it “smartest AI on Earth”
Share link:
Elon Musk’s DOGE could be on a collision course with Trump supporters with NASA assignment
Share link:In this post: Elon Musk’s team is currently auditing NASA’s expenditures and contracts, particularly the Artemis program. Senator Ted Cruz intends to introduce legislation to safeguard the Artemis project. Musk’s audit has created tension between Republican lawmakers who support the DOGE initiative and those who want to protect the local jobs tied to Artemis.
![](https://img.bgstatic.com/multiLang/image/social/ea8ba0f9e93653e9ea78b00ddac8c27b1739713442015.webp)
Argentina’s LIBRA token drops by over 90%
Trending news
MoreCrypto prices
More![Bitcoin](https://img.bgstatic.com/multiLang/coinPriceLogo/bitcoin.png)
![Ethereum](https://img.bgstatic.com/multiLang/coinPriceLogo/ethereum.png)
![XRP](https://img.bgstatic.com/multiLang/coinPriceLogo/ripple.png)
![Tether USDt](https://img.bgstatic.com/multiLang/coinPriceLogo/0208496be4e524857e33ae425e12d4751710262904978.png)
![BNB](https://img.bgstatic.com/multiLang/coinPriceLogo/binance.png)
![Solana](https://img.bgstatic.com/multiLang/coinPriceLogo/solana.png)
![USDC](https://img.bgstatic.com/multiLang/coinPriceLogo/usdc.png)
![Dogecoin](https://img.bgstatic.com/multiLang/coinPriceLogo/dogecoin.png)
![Cardano](https://img.bgstatic.com/multiLang/coinPriceLogo/cardano.png)
![TRON](https://img.bgstatic.com/multiLang/coinPriceLogo/tron.png)