The crypto market is displaying a bearish performance. Yet, the market is witnessing rising interest in some projects. This article is all about one meme coin based on Binance Smart Chain. Let’s see Rich Quack Crypto price prediction and is QUACK a profitable investment? Let’s take a look at it in more detail.
What is RichQUACK?
BREAKING: $QUACK is nominated as #1 #BNBChain Project with the greatest Social Volume
Thank you @bsc_daily#RichQUACK #LunarCrush #cryptocurrency #BSC #Binance #Cryptocurency pic.twitter.com/LuZQBgpYbu
According to its website, it is a community-guided project with more than 120,000 on-chain holders, 223,000 Twitter followers, and 70,000. RichQuack is a community-based project specially designed to facilitate automated liquidity in a manner via which it can yield good returns and fixed rewards for the holders of its local coin QUACK token. The project has multiple utilities such as:
What is QUACK Crypto?
The QUACK token is a hyper deflationary, self-generating automatic liquidity that yields fixed rewards to holders. QUACK token is now live on the Binance mainnet. The token address for QUACK is 0xD74b782E05AA25c50e7330Af541d46E18f36661C. Just hold QUACK in the wallet and users could get more on every transaction. The following are the features of the QUACK token:
How much is a quack coin worth?
At the time of writing this, the QUACK price is sitting at $0.00000000076. Rich Quack trading started on June 9, 2021. It touched an all-time high of $0.16536 per 1 billion QUACK in just six days.
QUACK Crypto Price Prediction: Can Rich Quack Hit $0.01?
QUACK/USD Weekly chart –
The project is trending right now but as is usually the issue with meme coins, the project founders decided to remain anonymous. This can be a threat, although other projects by anonymous founders have been successful. Ultimately, the community is more essential than the creators, and the project’s triumph will rely on community expansion and community measures.
At the time of writing this, the QUACK price is sitting at $0.00000000076. The price could grow because it comes with a 10% transaction fee, allocated to token holders via an automatic yield farming method. Out of the accumulated expenses, 5% goes to the auto-farming design, where tokens are allocated to the token holders, while another 5% is closed in a liquidity pool on PancakeSwap.
The other significant thing to note here is that the platform also presents a jackpot ruffle called “Quackpot,” which is played at hourly, daily, weekly, and monthly breaks, which provides platform users a possibility to win prizes.
Rich Quack began with a comprehensive supply of 100 quadrillions, although 50% of that has already been burned. Yet, it is far-fetched to touch $0.01 with that total supply. Nevertheless, given the low price of Rich Quack, even a tiny growth in price can already deliver substantial returns to its holders.
https://twitter.com/Top_GameFi/status/1573678176609640448?s=20&t=L0dWwtz2eMPRmYbVEszR7Q
As mentioned earlier, the token is based on the Binance chain. It is emerging as the most influential BNB token. RichQUACK also functions as a facilitator between blockchain startups and possible investors. It delivers startups funding, help, and advice, with the support of various teams.
While one puts the required resources and strategies for a prosperous launch, another develops content to broadcast the project on social media platforms. Utilizing collaborations with exchanges, RichQUACK also ties these startups with business administration. Also, any forthcoming firms are welcome to apply but must pass RichQUACK’s stringent quality standard assessment and know your customer (KYC) contracts, to decrease risk vulnerability for its users.
Conclusion
As constantly, the cryptocurrency markets are full of profitable investment options and each day fetches us new high-value crypto tasks. The QUACK project looks promising just like any other meme coin.