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Tuesday, April 22, 2025

This New Meme Token is Up 18% as Everything Else Sells Off - Here's What You Need to Know - Cryptonews

Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.
Rich Quack (QUACK) is up by 11% in the past 24 hours, beating the market as a whole, which is down by 1.5% today. At $0.000000001695, it's also up by 90% in a week, by 100% in a month, and by just over 1,900% in a year.
This makes QUACK one of the best-performing coins in the top 300 (by market cap), with the deflationary meme token witnessing a particularly significant rally since Saturday. Investors are also apparently being drawn to its staking and incubation platform, with holders able to invest in early blockchain projects.
However, despite its performance over the past couple of days, QUACK is actually still down by 89% compared to its all-time high of $0.000000015463 from last November. As such, it may not be as great an investment as it first seems, with other newer tokens arguably offering better opportunities for bigger returns.
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