Rich Quack Price

What Is RichQUACK (QUACK)?

RichQUACK (QUACK) is a hyper-deflationary BEP-20 token with self-generating automatic liquidity which generates static rewards to its holders.

QUACK is the native token for the RichQUACK platform, a community-driven project for crypto enthusiasts to “get rich QUACK,” a lighthearted pun poking fun at anyone who thinks it’s easy to “get rich quick.”

While RichQUACK started as a meme project, its developers have been working on creating real utility for users. It features an incubator and launchpad for blockchain projects, and is also working on launching into the metaverse, building mini-games, and releasing an NFT collection, jackpot raffle and lottery platform.

The RichQUACK team’s vision is for QUACK holders to procure wealth simply by holding the token in their wallets, earning more from every transaction on the project’s ecosystem.

RichQUACK Price

The QUACK token entered the market in June 2021 at $0.0000000000983. RichQUACK didn’t experience much price action for several months after the launch. However, QUACK’s price spiked sharply toward the end of October 2021, in tandem with the bull run at that time.

The price pumped from $0.000000000126 on October 27, 2021 to its ATH of $0.0000000155. Afterward, the price gradually corrected in the following months, and has been declining for most of 2022.

After stagnating in May 2022, QUACK’s price experienced a slight pump in mid-October following a new listing on Guardarian, a crypto exchange associated with Guarda Wallet. The price rose from $0.000000000927 on October 7, 2022 to $0.00000000315 on October 13. 

The pump didn’t last long, however, and QUACK’s price has since declined to around $0.0000000015 as of November 2022.

What Is QUACK Used For?

While QUACK may have its beginnings as a meme coin, the project has evolved to create utility for its holders. RichQUACK tokens are used for the following purposes in its ecosystem:

• To facilitate the 12% transaction fee on the platform
• Distribute as rewards to token holders
• Stake on the platform to earn rewards
• Stake to earn a Guaranteed Launchpad allocation
• To participate in community voting
• To secure a space in the future QUACK metaverse

RichQUACK Tokenomics

RichQuack has a total supply of 100 quadrillion tokens. Half of these tokens were seeded as liquidity, while half were channeled into RichQUACK’s Black Hole Algorithm for burning.

QUACK’s tokenomics feature an anti-whale protocol: No wallet holds more than 1% of the total supply. This feature helps prevent price manipulation of the cryptocurrency by large token holders (known as whales).

RichQUACK’s platform charges a 12% transaction fee, allocated as follows:

• 4% — QUACK Holders
• 4% — Auto Liquidity
• 2% — QUACK Pump & Burn wallet 
• 2% — Marketing & Dev W

To protect holders from a rug pull, RichQUACK’s liquidity has been locked in a money bin on Team Finance for five years. Two percent of this supply is used for staking rewards and airdrops.

Who Is the Founder of RichQUACK? 

Similar to most meme coin projects, there’s no information about the creators of RichQUACK. However, its website states that the project is 100% community-driven, and is run by volunteers.

As such, the project has provided a disclaimer that the token isn’t an investment, and that the platform isn’t liable for any losses or errors by its token users.

How to Store QUACK

Since QUACK is a BEP-20 token, you can store it in wallets compatible with BNB Smart Chain, including Trust Wallet, MetaMask and Guarda.