Rich Quack defied market sentiments and is trading in green with double digits despite the cryptocurrency market sending mixed signals. While majority of the meme-tokens have slumped today, Rich Quack spiked +15% and chalked out a path of its own.
Meme-tokens have taken a beating since the last two days and have dipped to red in tandem with market conditions. Dogecoin is trading at $0.17 and is down -4.4% today while Shiba Inu is trading at $0.00003236 and slumped -4.9%. Also, Floki is trading at $0.00013473 and dipped -4.9% while Dogelon Mark is trading at $0.00000113 and plummeted -5.4%.
The development shows that Rich Quack is attracting heavy buying pressure and is penetrating the meme-currency market. Investors are on the look out for the ‘next big thing’ in the meme-token segment and Rich Quack fits the bill.
Rich Quack was launched on June 9, 2021 with a modest price of $0.000000000098. The token dipped during the first week of October and reached an all-time low of $0.000000000012.
However, QUACK rose like a phoenix and spiked +24,821.8% from its all-time low of $0.000000000098 on October 6, 2021. Its sharp rise was phenomenal and it delivered all the desired financial results to its holders.
Analysts predict that cryptos surrounding meme-tokens and metaverse could spike in the next bull run. Heavy investments have flown into these two segments and its trading volumes increased drastically. Meme-tokens and metaverse themed coins delivered stellar returns in 2021 and could make early investors reap more rewards in the coming years.
QUACK is still a low-hanging fruit and is available for purchase at less than a Cent. The affordability is what’s attracting new investors into its fold who believe that it could be the next Dogecoin or Shiba Inu.
Investors Purchased Rich Quack During the Dip
Data shows that many new and first-time investors purchased Rich Quack during last weeks dip. Many cryptos plummeted as Bitcoin slumped dragging the entire market down along with it.
Investors made good use of the dip by adding bag loads of QUACK tokens to their portfolio. Therefore, its price is shooting up today as it attracted buying pressure when the market was down.
Holding Rich Quack for a year or two can make the token delete a few zeroes and open avenues of richness to investors who ‘hold’. Even Whale Metaverse remains to be bullish on Rich Quack and urged investors to buy Quack’s dips.
At the time of publishing, Rich Quack was trading at $0.000000002974 and is up +16.3% in the 24-hours day trade.