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A 12-year-old American schoolboy earned $30,000 by creating a meme coin, GenZ. He inflated its value during a livestream, then sold all his assets when the market cap hit $1 million, crashing the token's price. He mocked investors by flipping them off and vanished with the money.
In retaliation, traders boosted GenZ's market cap to $85 million, gaining widespread attention during a livestream with 181,000 viewers. Ironically, the boy could have made $1.5 million if he hadn't sold early.
Later, he launched another coin called “I’m Sorry.”
In retaliation, traders boosted GenZ's market cap to $85 million, gaining widespread attention during a livestream with 181,000 viewers. Ironically, the boy could have made $1.5 million if he hadn't sold early.
Later, he launched another coin called “I’m Sorry.”