Rich Quack

The crypto market has bled during the past 24 hours, with the global cryptocurrency market cap dropping below $1 trillion. Amid increased anxiety about the market going back to the June 2022 lows, many coins have registered a bearish trend, as seen in Rich Quack (QUACK), which has dropped by 7.5% during the past 24 hours.

Rich QUACK drops 7.5%

In 2021, Rich Quack was one of the most sought-after cryptocurrencies because of the memecoin wave that rocked the crypto industry that year. However, the 2022 bear market has not spared the coin, as seen in its 94% drop from its all-time high levels.

Memecoins dominated the crypto scene last year, with the two largest ones, Dogecoin and Shiba Inu, securing top rankings by market capitalization. However, these coins quickly lost most of their value as the market support waned and the 2022 bull run ended.

Rich Quack, like most memecoins, usually mimics the price of the broader cryptocurrency market. Currently, most of the market is red as Bitcoin threatens to drop below $18K and return to its June 2022 lows. QUACK is reacting to the bearish sentiment, which has dropped by 7.5% during the past 24 hours.

At the time of writing, QUACK was trading at $0.000000000837 according to data from CoinGecko. Before the recent downtrend, the coin was trading at $0.000000000917, and it was inching closer to getting rid of one of its zeros. However, the market recession has prevented this from happening.

Like most memecoins, Rich Quack is prone to intense volatility because of a lack of solid use cases. Moreover, QUACK is one of the penny cryptocurrencies in the market because of its massive supply of 100 quadrillion tokens.

Rich Quack claims to be deflationary, where its supply will gradually reduce with time. However, the deflationary nature has failed to shield the token from the intense volatility of the crypto winter. Nevertheless, QUACK is up by more than 700% year-to-date (YTD).

Tamadoge is a good choice during crypto winter

As crypto prices continue to plunge, investors are looking got the best coins they can invest in during the crypto winter. One of the best choices is Tamadoge (TAMA), the newest memecoin in the market.

Tamadoge is currently in a presale that has seen explosive demand. The Tamadoge presale has already raised over $12 million. The presale is nearing completion just a few weeks after it was launched. One can participate in this presale through the Tamadoge website.

One of the unique factors about Tamadoge as a memecoin is its capped supply of 2 billion tokens. One billion of these tokens will be sold out during the presale. With such a low supply, TAMA could inevitably see explosive gains in the future.

Moreover, Tamadoge promises utility to the community. Tamadoge aims to be one of the best play-to-earn games in the crypto market. On the Tamaverse, players can participate in multiple contests where they will earn rewards in TAMA tokens.

The robust roadmap the Tamadoge team has provided is impressing the cryptocurrency community. The Tamadoge Twitter following has now surpassed 55,000 followers as interest in the memecoin spikes.

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Tamadoge - The Play to Earn Dogecoin

Our Rating

Tamadoge
  • '10x - 50x Potential' - CNBC Report
  • Deflationary, Low Supply - 2 Billion
  • Listed on OKX, Bitmart, Uniswap
  • Move to Earn, Metaverse Integration on Roadmap
  • NFT Doge Pets - Potential for Mass Adoption
  • Upcoming Listings on LBank, MEXC
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