

Duck vs. Bear: RichQuack Social Activity Battles General Crypto Downturn

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The RichQuack community crushed it on social media in the past month, but the price of $QUACK wasn't spared from the September blues.
RichQuack Has the Most ‘Street Cred’
Hyper-deflationary BNB Chain memecoin RichQuack ($QUACK) spent most of the last month ranked as the number one meme token by social score, according to data from LunarCrush.
Facing strong headwinds in the bear market, however, the price of $QUACK has been trending in the opposite direction.
According to data from The Gem Hunters, RichQuack closed the quarter as the memecoin with the highest daily social score. That put it ahead of larger-cap tokens such as Shiba Inu ($SHIB), DogeCoin ($DOGE), and Floki ($FLOKI).
According to CoinVote, as of Sept. 30, $QUACK was number one on BNB Chain for daily social contributors (with 2,300), ahead of BabyDogeCoin (590) and FLOKI (508).
TOP #MEMECOINS BY HIGHEST SOCIAL CONTRIBUTION🚀
— Coinvote (@CoinvoteCC) September 30, 2022
🥇 $QUACK @RichQuack
🥈 #BABYDOGE @BabyDogeCoin
🥉 $SFM @safemoon$FLOKI @RealFlokiInu$CATE @catecoin$VINU @VitaInuCoin$KIBA @KibaInuWorld$PULI @Puli_Token$MARVIN @Marvin_Inu$YOOSHI @yooshi_official#BSC #BNB #Coinvote💎 pic.twitter.com/YqZ9NSOGBm
Price Continues to Slide
Generally, there is a correlation between a crypto asset’s social activity and its price, with growth in social corresponding to a rally in price. However that hasn’t held true for RichQuack in the past month.
According to data from CoinMarketCap, on Sept. 1 $QUACK traded at $8.97E-10 and as of this writing had declined to $8.44E-10, a decline of 6%.
Much of that could be attributed to the bearish crypto market, with prices falling in September generally for meme and non-meme tokens alike:
- Dogecoin - down 3%
- Shiba Inu - down 9%
- Floki - down 22%
- Bitcoin - down 2%
- Ethereum - down 13%
What Is RichQuack:
RichQuack is a community-driven project which was founded to give the best returns for the community effort of its investors. The platform's utility includes a decentralized multi-chain launchpad, raffles, and lotteries for holders of the QUACK token.
The platform's QUACK token is hyper-deflationary and rewards long-term holders with a portion of the transaction tax and early access to IDOs.
Where to find RichQuack:
Website | Twitter | Telegram | Discord
This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $1500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $2500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
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Related News

The primary objective behind the builders grant is to empower Faceless Labs to create an exciting mobile game on the Core blockchain.
Core DAO Announces Faceless Labs as New Grant Recipient
Core DAO, a fast-rising Layer One network in the blockchain space, has recently awarded a builders grant to Faceless Labs, marking a significant development in the GameFi sector. This announcement was made public on September 28 through Core DAO's official X account.
Congrats to our newest grant recipient: @Faceless_Labs 🎉
— Core DAO (@Coredao_Org) September 28, 2023
Excited to have you building the next great mobile game on Core. pic.twitter.com/x3RdN8Kq0K
The primary objective behind the grant is to empower Faceless Labs in the creation of an exciting mobile game on Core's Layer One blockchain. However, the precise financial details of this grant remain undisclosed at the time of writing.
Faceless Labs, the beneficiary of this grant, is a dedicated team that has garnered invaluable insights from both triumphs and challenges within blockchain technology, Non-Fungible Tokens (NFTs), and Web3.
The team comprises individuals with diverse backgrounds, including marketing, sales expertise, consultancy, playwriting, teaching, and more. These multifaceted experiences have laid the foundation for Faceless Labs' three core pillars: Consulting, Education, and a robust NFT ecosystem.
With the support of Core DAO's grant, Faceless Labs is set to expand its offerings beyond NFTs, venturing into the exciting world of GameFi on the Layer One blockchain. This strategic move demonstrates their commitment to diversifying and evolving within the blockchain space.
Faceless Labs: How It All Started
The journey of Faceless Labs in the NFT ecosystem commenced with "The Faceless Many," a collection of 8064 randomly generated NFTs that found their home on the Elrond Network. These NFTs, as per the official documentation on its website, “represent the hero in each of us — common people united in the extraordinary effort to write a new financial future.”
Subsequently, Faceless Labs collaborated with fellow builders in the blockchain space, creating the "Allies" collections. Following this, they introduced what they intriguingly termed "our villain project," known as "The Corrupted."
The Corrupted project marked a significant milestone by introducing the first NFT strategy game on the Elrond Network. Notably, the game incorporated gamified trait rarity, enabling users to choose whether to reveal their NFT's metadata traits or conceal them.
Building on Core DAO
Generally, Core DAO's grant to Faceless Labs underscores the growing prominence of GameFi within the blockchain industry. With its rich history and diverse team, Faceless Labs aims to bring innovation and excitement to the SatoshiPlus-backed blockchain.
The journey of "The Faceless Many" and the introduction of "The Corrupted" game serve as a testament to Faceless Labs' commitment to pushing the boundaries of what is possible within the NFT, GameFi, and blockchain ecosystem.
What is Core DAO:
Core DAO Network is a new Layer one blockchain project, backed by the Satoshi Plus Consensus mechanism, which aims to solve the blockchain Trilemma—Scalability, Security, and Decentralization. The project is new after launching mainnet in early 2023.
Core DAO is EVM-compatible, looking to provide the ability to migrate and deploy contracts and dApps or transfer tokens between chains. The protocol is backed by its native $CORE token. As with any crypto asset, $CORE is volatile, and carries risk. Users are advised to undertake their own thorough research before investing in $CORE or interacting with its Layer one ecosystem.
This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $1500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $2500. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.
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