Is the Crypto Kid Back for Another Rug Pull? New Meme Coin Tease Sparks Market Tension

- 13-year-old Boy Sparks Chaos in the Cryptocurrency Community with Announcement of New Meme Coin Launch - Individual Profits from QUANT, SORRY, LUCY Token Rug Pull Scandals [Unblock Media] Recently, a 13-year-old boy caused a stir in the cryptocurrency community with a post featuring a photo of himself posing in front of a supercar and announcing an upcoming launch of a new meme coin. boy was the person who, last year, sequentially issued three tokens QUANT, SORRY, and LUCY, executing a series of rug pulls (fraudulent sell-offs) and reportedly profiting over $54,000 in total. Investors familiar with his past activities express concerns that "another round of pump and dump (artificially inflating value followed by a sell-off) may be starting." In November 2024, the boy used the Solana-based meme coin creation platform Pump.fun to issue the QUANT token, then conducted a live rug pull by removing $30,000 worth of liquidity during a live broadcast, in front of investors worldwide. This scene spread like a meme within the community, briefly pushing the token’s market cap to an estimated $35–50 million, depending on source data. However, the internet soon turned him into a subject of ridicule. Personal details like his name, address, and family photos spread, leading to real-world harassment. Despite this, he issued additional tokens named 'SORRY' and 'LUCY' and attempted another rug pull, earning an additional $24,000 in just a few minutes. Related Articles: Teenager Behind Solana Meme Coin Executes Public Rug Pull Industry experts consider the boy’s actions to be closer to unethical exploitation of the platform’s structural design rather than technical breaches. Besides, Pump.fun has also experienced incidents such as internal employee platform misuse in May 2024. However, the boy's case is different as it highlights a moral lapse within the ecosystem rather than being a technical security issue. In his latest appearance, he posted a photo of himself in front of a supercar along with a countdown message: “Launching in 10 days.” While some users claim it's just a bluff, the market once again watches his next move with keen interest. His previous rug pulls involved livestreams, provocative tweets, and rapid listings followed by dumps—signs that may reappear again. Community reactions are mixed. Voices say, "We must not be fooled again," and "It's time to regulate such platforms," but speculative investors hoping for short-term price spikes are still eager. Skepticism persists about the boy's showmanship pulling off a similar stunt again. An industry insider warned: "This issue is not just about Pump.fun. It highlights how fragile the entire 'meme coin ecosystem' is, lacking in norms or moral requirements." Though the narrative is crafted by a 13-year-old, this incident cannot be dismissed as mere amusement or individual misconduct. It stands as a structural warning of the absence of morality and protective mechanisms within the cryptocurrency ecosystem. Given past pattern of rug pulls involving livestreams, sensational tweets, and rapid listings followed by dumps, there's a possibility of a similar progression again. Will this countdown lead to another meme coin—and yet another rug pull? The community waits, quietly but cautiously.