RichQuack (QUACK) recently experienced a significant surge in the midst of an overall downturn in the crypto market.

RichQuack (QUACK) continues to maintain a presence with its engaged community and recent developments. It has become the third-largest memecoin by market capitalization. The project is also creating a platform where people can vote on and fund new projects. This suggests it might grow more in the future.

RichQuack: A Meme Coin with Social Buzz

RichQuack (QUACK) is a meme coin that has recently gained a lot of attention because of its strong social media presence and community support.

Launched in June 2021, QUACK runs on the Binance Smart Chain. It includes features like an anti-whale mechanism, which prevents large holders from manipulating the market by limiting how much one can hold and sell at a time.

RichQuack has a special platform where QUACK holders can vote on and fund new projects, giving them early access to new coin offerings. This is part of a larger plan that includes creating play-to-earn games and a RichQuack Metaverse.

RichQuack Quacks Up Social Media

The QUACK community is very active on social media, and the project often ranks high for social media activity and impressions.

According to a recent report from BSC News, this memecoin was the third most searched on Twitter, even during a market downturn. This shows that there’s still a lot of interest from users on social media.

This strong community support is seen as a major reason for the coin’s recent success. Analysis of RichQuack’s social media shows a trend of optimism, according to Lunarcrush data. This means many investors feel positive about the project’s future.

RichQuack’s Tokenomics

QUACK started with a huge number of coins—100 quadrillion! But they’ve taken more than half of those, 53.5%, out of the game for good by burning them. Now, whenever someone makes a trade with RichQuack, there’s a 12% fee.

Here’s how that fee is shared: 4% goes back to the people who already have RichQuack coins, another 4% helps keep the trading pool with BNB stable, 2% is used to make RichQuack more valuable and to take more coins out of circulation, and the last 2% is for the team behind RichQuack to use for marketing and development.

Looking at the numbers, there are 44 quadrillion QUACK coins being traded and used, out of a total of 46.7 quadrillion that exist right now. This means a little over 2.6 quadrillion QUACK haven’t been released yet.

RichQuack Price Performance

QUACKs price hasn’t been performing well recently. Over the past 24 hours, the price has fluctuated between a very low $0.000000005913 and an even lower $0.00000000766.

This is a far cry from its all-time high of $0.00000001529, which it reached in December 2021. That means the price is currently down a whopping 97.23% from its peak!

At its highest point, QUACK reached $0.000000003240, the highest price in nine months.

RichQuack: Modest Market Cap

QUACK’s total market value, or market cap, is about $31 million USD, placing it at number 640 in the crypto market’s size ranking. It’s been pretty active lately, with trading volume hitting close to $1 million USD in just one day.

That’s a quick snapshot of where RichQuack stands in the world of cryptocurrencies. This puts it at 1112 in terms of daily trading volume.

It’s important to note that while there’s some trading happening, it’s a relatively small amount compared to the total market.

It is traded on several exchanges, including PancakeSwap. Its unique features and strong community support keep it popular and suggest potential for future growth.

QUACK, a meme coin, has had its ups and downs. It hit its highest price in November 2021 but then fell quickly. Since then, its price has been up and down, swayed by how the market is doing and what people are saying on social media. QUACK really tries to get its community involved and is active online, which hints that they might have some cool plans in the works.

But remember, even if there’s a lot of talk about it and its tokenomics seem promising, you should think about the current state of the market and what risks you’re okay with. It’s always smart to look into things thoroughly on your own before you decide to invest in RichQuack.

Also Read:- QuackQuack: TON Airdrop, 20% Free Token Supply