Gen Z Quant (QUANT)
A Solana memecoin launched on Pump.fun in November 2024 by a teenager who 'rug-pulled' it live on stream, selling his ~51M tokens for ~128 SOL (~$30K). He repeated the move with further tokens; the community then doxxed him and ironically pumped QUANT.
Also known as: Gen Z Quant, QUANT, Gen Z Quant memecoin
Summary
Gen Z Quant (QUANT) was a memecoin created on November 20, 2024 on the Solana launchpad Pump.fun. While livestreaming, the teenage creator executed a "rug pull," selling his entire ~51 million-token allocation for about 128 SOL (~$30,000) and crashing the price. He then launched and similarly dumped further tokens (reported as LUCY and SORRY), netting roughly another $24,000. [1][2]
Aftermath
Angry traders identified and doxxed the minor and his family, drawing criticism over harassment of a child; outlets such as DL News declined to name him. In an ironic twist, the community kept buying QUANT after the creator exited, briefly pushing its market capitalization into the tens of millions. The episode became a widely cited example of the abuse enabled by zero-friction memecoin launchpads. [1][2]
Bracketed numbers refer to the numbered sources listed below.
People & entities involved
Sources (2)
See also
- Bitcoin Latinum (LTNM)TokensA ~$16M token offering (SAFTs for 'Bitcoin Latinum' / LTNM) that the SEC charged in 2026 as fraud: founder Donald Basile falsely called LTNM 'the world's first insured digital asset' backed by an 'existing trust,' neither of which existed, and diverted investor funds for personal use (including a $160,000 horse).
- Loci (LOCIcoin)TokensA 2017–2018 ICO for 'LOCIcoin' tied to the InnVenn IP-search platform. The SEC charged Loci and CEO John Wise with fraud for raising $7.6M on false claims about revenue, headcount, and user base; Wise also misused investor funds. Settled with a $7.6M penalty and an officer/director bar.
- Blockchain Terminal (BCT)Tokens
This page was last updated on Jun 8, 2026. View revision history.