Meme-currencies are all the rage in 2021 and the majority of them are dominating the crypto market. The tokens also command a larger-than-life fan following with a market cap that reaches billions of dollars. The new entrant to the meme segment is Rich Quack and the token had a stellar run during its initial days.
Rich Quack was launched on June 9, 2021, and traded in the indices at a modest price of $0.000000000098. However, the token dipped during the first week of October and reached an all-time low of $0.000000000012. Since then, Rich Quack dusted itself from the rubbles and forged ahead creating new all-time highs every two weeks.
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To be precise, Rich Quack has spiked +24,821.8% from its all-time low of $0.000000000098 on October 6, 2021. That’s a phenomenal run in a span of just two months and outpaced other meme-tokens in the market. Rich Quack that trades as QUACK in the indices rewarded early investors handsomely with gains that takes years to earn.
Investors believe Rich Quack could be the next Dogecoin or Shiba Inu and are jumping on the bandwagon to reap the gains. Many investors believe Doge, SHIB and other meme-tokens have run their course and would not deliver quick results anymore.
Therefore, investors are eyeing new meme-tokens that can take care of their financial ambitions and deliver the desired results. Thus, Rich Quack is heavily gaining attention as its both new and has room to deliver good financial outcomes.
The meme-token is gaining prominence on social media and word of its existence is quickly spreading among the investors’ community. If QUACK reaches even half the heights of SHIB or Doge in terms of awareness, its price could propel further and reach another new high.
Rich Quack Price Predictions
Rich Quack has a market cap of $133 million with only a mere $0.01% market cap dominance. Its daily trading volume hovers around $7 million mark and the token has room to grow in the coming months.
Meme-coins have usually performed well during their initial days and rewarded investors with fistfuls of dollars. QUACK is expected to deliver the same and investors who hold on for a year or two can see good gains.
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Eventually, QUACK needs to work on real-world use-cases to cement itself as one of the contenders in the meme segment. If it fails to deliver use-cases, it would be just another meme-token in the market with no value.
At the time of publishing, Rich Quack was trading at $0.000000002878 and is down -2.4% in the 24-hours day trade.