RichQuack Price Prediction as QUACK Shoots up 66%
RichQuack pumped again overnight with the meme coin 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 155% up in 7 days and more than 200% in a month.
Those figures were as high as 245% and 310% when QUACK hit its 24hr peak of $0.000000003240, with the coin reaching its highest price in 9 months.
In fact, the last time the coin was above $0.000000002 was 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 now.
RichQuack is a hyper-deflationary meme coin that started with a gargantuan supply of 100,000,000,000,000,000 (100 quadrillion).
However, the robust burn mechanism has already taken 53.5% of the coins out of circulation, cutting supply to 46,775,855,335,611,000 – still a massive number but ever decreasing.
The burn mechanism works by attaching a 12% fee for each transaction – although holders are rewarded.
Each transaction distributes 4% back to holders, another 4% to the QUACK/BNB liquidity pool, 2% to pump and burn wallets, and 2% to the marketing and developer wallet.
The RichQUACK developers have also introduced other quirks that have made it attractive to speculative investors.
There is an anti-whale feature which means no single wallet can hold more than 1% of the total supply, and sales are restricted to a maximum of 1% of the supply, while developer liquidity is locked for five years as an anti-rug pull mechanism.
RichQuack is also developing a launchpad and incubator for other projects, with QUACK holders voting on which projects move forward and
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