Dollars

Memecoin

Million

Giant

While 2024 will be marked by memecoins other than Bitcoin, the latest event took memecoins to a different dimension.
A kid who broadcasts live on the internet created a token called Quant (QUANT) and earned $30,000. A whale who noticed the token called QUANT and bought it earned close to $1 million.
According to Lookonchain's post, a kid created a coin called Quant during a live stream and sold it all for 128 SOL worth $30,000, making a profit of $29,600.
However, this kid who earned $30,000 missed a great opportunity because the 51 million Quant tokens he sold are now worth $4 million.
This boy also later created coins called Lucy and Sorry and sold them all for a profit of 103 SOL (worth $24,000).
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 A kid created a coin <a href="https://twitter.com/search?q=%24Quant&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$Quant</a> while live-streaming and sold all of it for 128 <a href="https://twitter.com/search?q=%24SOL&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$SOL</a>($30K), making a profit of $29.6K!
 The 51M <a href="https://twitter.com/search?q=%24Quant&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$Quant</a> he sold is now worth $4M!
 He then created <a href="https://twitter.com/search?q=%24lucy&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$lucy</a> and <a href="https://twitter.com/search?q=%24sorry&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$sorry</a>, selling all of them for another profit of 103 <a href="https://twitter.com/search?q=%24SOL&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$SOL</a>($24K)!
 Address:… <a href="https://t.co/TYbS6psUYp" rel="noopener noreferrer nofollow">pic.twitter.com/TYbS6psUYp</a>
 — Lookonchain (@lookonchain) <a href="https://twitter.com/lookonchain/status/1859144909841985912?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">November 20, 2024</a>
</blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
<h2 id="whale-spotted-it-and-won-1-million">Whale Spotted It and Won $1 Million!</h2>
Lookonchain also said that a whale who noticed the memecoin called QUANT also invested and made a tremendous return of 2.141x.
Accordingly, a whale earned $988,000 with just 2 Solanas (worth $462) in 3 hours. This whale, which has sold only $27,000 so far, still hasn't sold $962,000 of its profit.
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 2 <a href="https://twitter.com/search?q=%24SOL&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$SOL</a> and a dream!
 This guy made $988K with only 2 <a href="https://twitter.com/search?q=%24SOL&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$SOL</a>($462) in just 3 hours, a 2,141x return!
 He spent 2 <a href="https://twitter.com/search?q=%24SOL&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$SOL</a>($462) to buy 18.89M <a href="https://twitter.com/search?q=%24Quant&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$Quant</a> and sold 3.71M <a href="https://twitter.com/search?q=%24Quant&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$Quant</a> for 116 <a href="https://twitter.com/search?q=%24SOL&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$SOL</a>($27K), leaving 15.18M <a href="https://twitter.com/search?q=%24Quant&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$Quant</a>($962K).
 Address:<a href="https://t.co/OPvf2DZJJ6" rel="noopener noreferrer nofollow">https://t.co/OPvf2DZJJ6</a> <a href="https://t.co/X9dtLvDvw7" rel="noopener noreferrer nofollow">pic.twitter.com/X9dtLvDvw7</a>
 — Lookonchain (@lookonchain) <a href="https://twitter.com/lookonchain/status/1859132037736919477?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">November 20, 2024</a>
</blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
*This is not investment advice.
 Continue Reading: <a href="https://en.bitcoinsistemi.com/a-kid-mined-memecoin-on-live-stream-made-thousands-of-dollars-in-profit-giant-whale-noticed-this-earned-1-million-in-3-hours/" rel="noopener noreferrer nofollow">A Kid Mined Memecoin on Live Stream, Made Thousands of Dollars in Profit! Giant Whale Noticed This, Earned $1 Million in 3 Hours!</a>

A Kid Mined Memecoin on Live Stream, Made Thousands of Dollars in Profit! Giant Whale Noticed This, Earned $1 Million in 3 Hours!

Table of Contents

Bitcoin Sistemi EN

Other articles published on Nov 20, 2024

Can Ethereum Break Free from Its Consolidation Phase?

PlayBlock Rockets to #8 Globally in Blockchain Transactions and Turnover Following DappRadar Listing

Stablecoin Wars: USDT’s 70% Share Signals a Shift in Preferences

A Shiba Inu Whale Holds Almost $2.5B in SHIB Since 2020

Cryptocurrency Market Reacts to Bitcoin’s New Record While Altcoins Struggle

Altcoin Opportunities: What to Buy Before Bitcoin Breaks $100K!

Join our free newsletter for daily crypto updates!