RichQuack just grabbed all the attention with a 49% increase in its token in 24 hours. With its fun concept, it can easily be called a memecoin that brings together a certain community around its concept. And we can say that the latter does not lack originality, since its members designate themselves as “rich charlatans”. Even if the QUACK token is on an upward slope, is this still the best time to invest?
In this article, we give you all the facts about what happened. We will also give you a good alternative to QUACK, if you are interested in the world of cryptos!
Back to RichQuack’s sudden rise in the markets
The QUACK token gave us its best peak in value since that of the year 2021. In 24 hours, the token gained 49% more in value. I have to say that its hyper deflationary model has attracted more than one investor to look into its subject (12, % tax on transactions). What makes it possible to realize the most attractiveness of a token is its social score.
And it would seem that Sentiment around the project has improved over the past few days. The unfavorable market is pushing investors to find ambitious projects to take advantage of the current bear market, and RichQuack has entered the crosshairs of some of them. To finish, RichQuack offers itself the luxury of a listing on the CEX Guardarian after a survey favorable to its establishment.
Our recent poll made a real noise! #RichQUACK community was the loudest 👏
— Guardian (@guardian_com) October 11, 2022
At the moment, QUACK enjoys a heap of good news which act directly on its value. If it stands out from the rest today, many other cryptos are entering the market. If you want to invest in cryptos, we advise you to take a look at the markets.
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RichQuack unveils an ambitious project through its roadmap
The RichQuack project is, at first, a gathering of people aiming to get rich. His only goal was to spread the token as much as possible through his community. But his ambition is now clearer. The team wants to become a recognized and important DeFi platform. To put its ambition into action, the team has just launched its own decentralized launchpad which acts as an incubator for new projects. Finally, the platform has a staking system as well as a voting system to decide the future of the project. To help you visualize the team’s ambitions, here is a RichQuack roadmap.
Can RichQuack really make a difference?
While it is true that the social dominance around the project is quite good, that is not enough. However, LunarCrash reports that the project ranks among the first in terms of active projects on Twitter. To top it off, it is secured on the BNB Chainowns Gate.io as an investor and even has two favorable audits carried out by independent companies, Techrate et Chop. So what’s wrong with RichQuack?
Disadvantages that weigh too heavily
The problem with the QUACK project is that thewe don’t really know who is behind it. With a crypto market having suffered significant bear runs and scams of all kinds, caution is in order. If this does not necessarily constitute proof of malevolence on the part of the team, it is still to be taken into account.
But that’s not all, RichQuack looks like a Ponzi. Because the holders of the token earn their money thanks to the new arrivals. If the project does not attract new investors constantly, the project collapses, and this is strongly linked to the mission of the community which must spread “like a virus” on the networks to be able to maintain its system. In short, the project lacks too much clarity to be taken seriously. If you decide to invest in it, it will be at your own risk.
Tamadoge: the best memecoin alternative of the moment
If you want to take less risk, there is the TAMA token! It has just as much potential, if not more, while providing detailed project objectives. Its purpose? Give birth to the Tamaverse, an augmented reality universe that will welcome players with their NFTs that they can exchange and fight.
Tamadoge is a serious project. The team in charge has been unveiled and partnerships with big names are springing up. CoinSniper takes care of managing identity verifications, OKX has listed the token on its platform, as well as many others who trust him. As of now, there are no dark clouds hanging over the Tamagotchis-inspired token!
Tamadoge is a project with a potential of X100!
The pre-sale of the token was a monster success with several million dollars collected in a few days. During the launch of the token on the first listings, its value could reach up to 8 times the amount paid to obtain a token during the pre-sale. Since then, it has undergone a correction that will have taken it to levels below its pre-sale price. Why will you tell me? Because the listing on the platforms allows, of course, to increase the number of users who can potentially buy the token, but they also open the floodgates for big investors. The latter probably took their profits on the growing hype of Tamadoge listings on the CEX, thus causing the value of the token to drop sharply.
TAMA: a close-knit community and a dedicated team
But that does not signify the end of the project! The team is still very active, and the community is there! So far, the roadmap is going smoothly and the team is even getting ahead of its listings. With a very weak TAMA token, investing in the Tamaverse project can potentially earn you big. If you are interested in the token, we invite you to go to OKX to buy some. Signing up is a snap and you can view your tokens on your crypto wallet once the purchase is made!