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About Rich Quack (QUACK)
Key Points:
- Rich Quack is a hyper-deflationary Binance Smart Chain (BSC) meme token.
- Aims to pay out rewards to holders through “frictionless yield generation”.
- 12% transaction fee: 4% to holders, 4% to QUACK/BNB liquidity pool, 2% to pump and burn wallets, and 2% to marketing and developer wallet.
- Total supply: 100 quadrillion (50% burned, 50% provided as liquidity).
- Launchpad, jackpot raffle, and lottery platform scheduled for Q4 2021.
- Anti-whale feature: forbids whales
Welcome to RichQUACK.com: Your Gateway to Cryptocurrency Insights
Introducing Rich Quack (QUACK): A Comprehensive Overview
Rich Quack is a novel hyper-deflationary token built on the Binance Smart Chain (BSC), designed to reward holders through a seamless “frictionless yield generation” mechanism. Notably, holders are not required to stake or wait for fees to be distributed, as the smart contract automatically awards and reflects the fees in their balance in real-time.
Rich Quack is designed to empower its holders with a multifaceted opportunity to generate wealth through strategic investments, innovative building, prudent holding, and exciting winning prospects.
Rich Quack envisions a collaborative community united by a shared vision, where individuals are driven to work diligently and contribute collectively towards a common objective. The project aspires to revolutionize the investment and fundraising landscape, providing a secure and reliable platform where users can participate in a jackpot raffle by holding, and engage in a thrilling lotto experience with hourly, daily, weekly, and monthly payouts.
The protocol yields frictionless returns by imposing a 12% transaction fee. This fee is allocated as follows: 4% is redistributed to holders, while another 4% is channeled into the QUACK/BNB liquidity pool. A further 2% is directed towards pump and burn wallets, thereby establishing an perpetually ascending price floor. The remaining 2% is allocated to the marketing and developer wallet, fueling future growth and development.
Rich Quack enthusiastically invites its followers and users to “enlist in the QUACK army” and “mobilize others” to collectively ascend – or, in their parlance, to “get rich quack together.”
The Visionaries Behind Rich Quack: Meet the Founders
As is frequently the case with meme coins, the project’s founders opted for anonymity. While this approach can pose risks, it’s worth noting that other projects founded by anonymous creators have still managed to achieve success. Ultimately, it is the community that takes center stage, and the project’s fate will hinge on community-driven growth and collective effort.
Unveiling the Unparalleled Rich Quack: A Revolutionary Force in the Cryptoverse
Rich Quack appears to adhere to a familiar meme coin paradigm, wherein a substantial 12% transaction fee is levied on each transaction, ostensibly serving as an incentive for users to retain their tokens.
The distinctive hallmark of Rich Quack lies in its launchpad, touted as the epitome of secure and reliable investment. The highly anticipated Rich Quack mega jackpot raffle and lottery platform is slated for release in Q4 2021, poised to set QUACK apart from other meme coins and potentially drive future price appreciation. Furthermore, Rich Quack boasts an innovative anti-whale mechanism, which prohibits large investors from holding more than 1% of the total supply and restricts sales to no more than 0.1% at a time.
What Is the Circulating Supply of Rich Quack (QUACK) Coins?
The total supply of QUACK is a staggering 100 quadrillion, a number boasting 17 zeros!
Similar to many other meme coins, Rich Quack opted to launch with an astonishingly high supply, a deliberate strategy aimed at captivating retail buyers drawn to small-cap coins.
Rich Quack has opted to forgo a presale or team allocation, thereby emphasizing the community-driven nature of this project. To prevent users from being exploited, the liquidity has been locked in for a period of five years. Notably, 50% of the total supply was immediately burned, while the remaining 50% was allocated towards providing liquidity. Furthermore, Rich Quack has pledged to allocate 50% of the profits generated by its forthcoming Quack Launch Platform as a reward for liquidity providers. The remaining profits will be distributed as follows: 30% will be utilized for buybacks and burning, while the remaining 20% will be pooled for the raffle.
The Rich Quack Network’s Robust Security Framework
Rich Quack is a BEP-20 token situated on the Binance Smart Chain, having undergone a rigorous independent audit by Techrate, a stalwart and esteemed auditor within the cryptocurrency realm.
Rich Quack resides on the Binance Smart Chain (BSC), a preferred platform for meme coins, boasting low fees and swift transaction times. By captivating a sizable contingent of retail investors, Rich Quack aspires to soar to unprecedented heights.
The Binance Smart Chain (BSC) is fortified by a proof-of-stake consensus mechanism, which ensures the integrity of the network. Every 24 hours, a cohort of 21 validators is elected to validate transactions and safeguard the blockchain’s security. To be eligible for this role, these validators must stake a predetermined amount of BNB coins with Binance, thereby demonstrating their commitment to the network’s stability.
Rich Quack Trading: Anticipated Launch Timeline
Trading of Rich Quack commenced on June 9, 2021, and subsequently surged to an all-time high of $0.16536 per 1 billion QUACK on June 15.
Will Rich Quack Soar to $0.01?
Rich Quack debuted with a staggering total supply of 100 quadrillions, half of which has already been eliminated through burning. Despite this, it’s improbable that the token will plummet to $0.01, given its immense supply. Nevertheless, owing to Rich Quack’s modest initial price point, even a marginal price appreciation can generate substantial returns for its holders.
In Which Exchanges Can You Acquire Rich Quack (QUACK) Tokens?
QUACK is now accessible on Pancakeswap (V2), offering users a seamless trading experience.
New to the world of cryptocurrency? Explore our comprehensive guide on entering the market and purchasing BTC, QUACK, or any other token at CoinMarketCap’s educational hub, Alexandria.
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