Original | Odaily Planet Daily (@OdailyChina)
Author | Azuma (@azuma_eth)
A new story has emerged on the on-chain grand stage, with a new episode every day.
Following yesterday's “Battle of Upper and Lower Case,” today the “running away Kid Brother” has created the most talked-about and lucrative meme token on-chain, Quant (3an8rhdepsLCya22af7qDBKPbdomw8K4iCHXaA2Gpump).
According to GMGN data, as of around 16:00, Quant was priced at $0.747, with a market cap reaching approximately $74 million (it peaked at $0.119, with a market cap that once exceeded $100 million), and this was less than 5 hours after the token's creation…
Odaily Planet Daily summarizes the story as follows.
The so-called “Kid Brother” is the little boy who looks to be around ten years old — the community has already dug up his name and school, but for privacy reasons concerning minors, this article will not mention those specific details.
This morning, the “Kid Brother” issued a token named Quant through pump.fun during a live stream, but being young and not pure of heart, he sold all his reserved shares shortly after the issuance, making a profit of about $20,000.
After the successful sale, the “Kid Brother” was ecstatic and even made an internationally recognized mocking gesture towards the live stream camera.
“The kid issues a token and then runs away live,” this story, which is full of contrast and dark humor, clearly would not be overlooked by the meme community. As the story spread, the meme community decided to teach the “Kid Brother” a lesson by pumping the token…
In the following hours, Quant's market cap continued to soar — as mentioned earlier, it briefly surpassed a market cap of $100 million, while the coins sold by the “Kid Brother” were now worth millions of dollars (of course, this is just a side note; if he hadn't sold, there likely wouldn't have been a subsequent story).
It is worth mentioning that perhaps seeing the subsequent surge of Quant, the “Kid Brother” issued two more tokens after Quant: the first is sorry, perhaps expressing an apology; the second is lucy, which is the name of the “Kid Brother's” pet dog. As of the publication of this article, both sorry and lucy have surpassed a market cap of $1 million, with peaks even exceeding $5 million.
In addition to the several tokens issued by the “Kid Brother” himself, the meme community also found the social media accounts of the “Kid Brother's” family through manual searching and subsequently issued a series of “Kid Brother” ecological meme tokens…
As of the publication of this article, this abstract on-chain “carnival” is still ongoing, but Odaily Planet Daily reminds that memes are inherently volatile, especially those based on short-term stories, so investors should not get carried away.
Moreover, it is more important to note that actions like rug pulls and market manipulation are inherently illegal, so it cannot be ruled out that the “Kid Brother's” actions during the live stream could impact his real life. While the community currently views this matter with a sense of humor, this is mainly because the subsequent rise of Quant has erased most investors' losses… But what if Quant hadn't risen? What if the “Kid Brother's” actions genuinely harmed the interests of most investors? The story's development could have taken a different turn.
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