Crypto Community’s Revenge: Solana Memecoin Rug-Pulled By Gen Z Trader Hits $80 Million Market Cap

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Crypto Community’s Revenge: Solana Memecoin Rug-Pulled By Gen Z Trader Hits $80 Million Market Cap - NewsBTC

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Analyst Says APT’s Explosive Breakout’ Targets $20 Three hours later, the crypto community had sent the token to its peak, driving his unrealized profits to nearly $1 million.The trader sold 3.71 million QUANT for 116 SOL, worth $27,000, and left 15.18 million QUANT, making an unrealized profit of $962,000 at the time of the report.

After the kid ended the live stream, the crypto community took over the Solana memecoin, sending the price toward the $0.08 mark as "revenge.” The token rose over 77,000% to a market capitalization of $82.3 million in the early hours of Wednesday before retracing toward the $50 million mark.

A young crypto trader attempted to rug-pull a Solana-based memecoin on a live stream, but the crypto community joined to "teach him a lesson” by sending the token to an $80 million market cap.