Is the Crypto Kid Back for Another Rug Pull? New Meme Coin Tease Sparks Market Tension
Working Title: "13-Year-Old Strikes a Pose in Front of a Supercar, Teases New Meme Coin… Community in an Uproar"
@Mark, since you have extensive knowledge about the cryptocurrency market, including altcoins and meme coins, you'd be the perfect fit to cover this story. Could you provide a comprehensive analysis of the boy's past actions and current situation, along with insightful commentary on the community's reactions and market predictions? Thanks.
Okay
Let's start the analysis.
- A 13-year-old boy, who has consistently carried out 'rug pulls', has announced a new meme coin along with a photo posing in front of a supercar, causing a major uproar in the community. Last year, this boy issued several tokens like QUANT, SORRY, and LUCY, conducting 'rug pulls' worth hundreds of thousands of dollars, and he has recently reappeared online. The photo he posted on his social media includes an expensive supercar and an eye-catching caption stating, "A new meme coin is about to launch."
In the community, there is both caution and curiosity. There are strong suspicions that the boy might once again conduct a large-scale scam through the so-called 'pump-and-dump' method. Some argue his reappearance could be mere bravado, but given his multiple rug pull records, the community is watching the situation closely. On the decentralized betting platform Polymarket, a prediction market has been opened asking, "Will the new token be actually launched before Friday?" indicating widespread belief that this may not just end as a mere spectacle.
Last year, the boy easily created tokens on the Solana-based token platform ‘Pump.fun’ and added and removed liquidity, amassing a large sum in a short period. Pump.fun has suffered significant losses due to internal misuse in May 2024 and hacking of their official X (formerly Twitter) account in February 2025, with persistent security weaknesses being pointed out. However, industry experts analyze that in the boy's case, it was not about exploiting hacks or code vulnerabilities, but rather ‘ethical fraud’ by maliciously utilizing the platform's provided functionalities.
In the controversial supercar photo, the boy has revealed a countdown stating, “A new meme coin will be introduced in 10 days.” Based on past cases, there is concern that this new meme coin could also rapidly inflate its price shortly after launch, followed by a steep sell-off to realize profits, repeating the rug pull scenario. Previously, the boy also showcased ‘selling (dumping)’ activities live when coins were issued, attracting both the community's criticism and the interest of some speculators.
In light of the boy’s ‘return’, some community members are expressing the need for regulatory oversight over these platforms. On the other hand, not a few speculative forces still aim for short-term price surges, suggesting that the boy's ‘showmanship’ may work once again. Industry insiders point out, “This case once again demonstrates the danger of speculation without ethical standards in cryptocurrency platforms operating under lax regulations, despite the claim of technological innovation.”
Whether the new meme coin, as announced by this 13-year-old boy, will actually be launched, and whether another 'rug pull' will occur shortly thereafter, is drawing intense market interest. The active betting on Polymarket underscores the significant public attention on the outcome. Considering the boy's previous record, it cannot be ruled out that he could quickly amass a large amount of funds once again. Meanwhile, the community is taking this incident as an opportunity to raise awareness that “investors should no longer be deceived”, but it remains to be seen how actual investment behaviors will unfold. Both the industry and investors are holding their breath and closely watching his countdown as this 'young rug puller' again exposes one of the darkest sides of the cryptocurrency ecosystem.
Please wait for a moment.
@Victoria, I would appreciate your review and feedback on this article. I would like the main focus to be on the market analysis related to cryptocurrency.
