RichQuack briefly became the third-largest memecoin by market cap
Community-driven memecoin RichQuack has successfully listed on the centralized exchange CetoEX as of Nov. 19, amid the general market downturn.
RichQuack (QUACK) briefly became the third-largest memecoin by market capitalization overnight, trailing only Dogecoin and Shiba Inu, before profit-taking dropped it back to fifth, below Baby Doge Coin (BABYDOGE) and Dogelon Mars (ELON).
RichQuack pumped again overnight, with the memecoin peaking as high as 66% in the past 12 hours.
QUACK has retraced as investors and traders took profits on Thursday morning, but the coin is still up 24% in the past 24 hours.
Zoom out, and the price is even better, with investors up 155% in seven days and more than 200% in a month.
Those figures were as high as 245% and 310% when QUACK hit its 24-hour peak of $0.000000003240, with the coin reaching its highest price in nine months.
In fact, the last time the coin was above $0.000000002 was in January, and the coin reached a yearly low of $0.0000000004 in June.
Investors who bought at that time have made 400% if they still held until now.
What Is RichQuack (QUACK)?
RichQuack (QUACK) is a 100% community-driven project that is designed for automatic liquidity that generates payouts and static rewards for its holders. With a play on words that mocks a growing trend of newbie crypto enthusiasts looking to get rich quickly, RichQuack put out a bold claim that is set to develop an actual community-driven ecosystem that will allow token holders to earn by simply holding the token. The platform plans to launch a jackpot ruffle event, aptly called the “Quackpot,” as well as a lottery game that will be played in hourly, daily, weekly and monthly intervals.
Who Created RichQuack (QUACK) Token?
At the moment, there is no mention of the creators of the RichQuack (QUACK) token. The platform’s website, however, claims that the project is 100% community-driven and managed by volunteers.
What Does RichQuack Offer?
RichQuack offers a hyper-deflationary token where 50% of its supply is set to be burned or sent to a black hole. The platform’s token features a 10% transaction fee that is automatically distributed to RichQuack (QUACK) token holders through an automated yield farming system as well as a liquidity mining infrastructure. Out of the collected fees, 5% will go to the auto-farming system, where tokens will be distributed to the token holders. Another 5% will be locked in a liquidity pool on PancakeSwap.
Going forward, the token will offer a jackpot ruffle event called the “Quackpot” that will give platform users a chance to win big prizes. Other features include a lottery game that will be played on an hourly, daily, weekly, and monthly basis. The project aims to become the world’s first community-driven token ecosystem. The team behind RichQuack (QUACK) hopes that it will be used by millions looking to put their money to work.
Overview of RichQuack (QUACK) token
The RichQuack (QUACK) token is built on the increasingly popular Binance Smart Chain. It is a BEP-20 token with a total supply of 100 quadrillions. There isn’t any data on its current circulating supply as of the time of writing.
RichQuack (QUACK) target users are those looking to get rich quickly through great returns on their investments.
- Name: RichQuack
- Trading name: Quack
- Platform: BSC, BEP 20
- Contract: 0xD74b782E05AA25c50e7330Af541d46E18f36661C
- Total Supply: 100,000,000,000,000,000,000 Quack
- Currently Released: 44,085,961,274,152,300 Quack
- Listing: June 2021
- Price when listed: 0.0000000015$/1 Quack
RichQuack Price Prediction
Multiple variables go towards predicting the future price of any crypto asset. Since there isn’t enough data on most of these factors in the case of RichQauck (QUACK), it is not possible to predict the price. Market estimation and prediction require information about a token’s circulating supply as well as the community’s interest in the project.
Final Thoughts:
It remains to be seen whether RichQuack has a future. The project has planned to offer multiple features to its users, including the chance to win jackpots and earn rewards while automating the liquidity mining process. RichQuack (QUACK) is a community-driven project that seeks to make its investors rich in a short period of time.
RichQuack information channels:
✅ Website: https://www.richquack.com
✅ Twitter: https://twitter.com/richquack
✅ Discord: https://discord.com/invite/madYcV4GNV
✅Telegram: https://www.t.me/richquack
Disclaimer: This post is not investment advice. You will be 100% responsible for your investment decisions.
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