BNB
by BSC News
March 8, 2023
The protocol’s social presence continues to increase despite its token’s bearish run in the past week.
Despite its recent price dip, RichQuack and its native $QUACK token have maintained a strong presence on social media. Most recently, the token was trending on Twitter without any significant move in the industry.
Following the trending status on Twitter, BSC News carried out some research about the protocol’s social presence on BNB Chain and beyond. According to data obtained from Lunarcrush, a social intelligence platform for crypto, stocks, etc., RichQuack is one of the most influential memecoins in the industry.
RichQuack’s social mentions, engagements, and dominance have increased during the past week. The memecoin’s social mentions increased by 15.3%, its engagements by 16.7%, and its dominance by 15.3%. The numbers are surprising, considering the token’s price dip in the last seven days.
Compared to other memecoins in the last 30 days, the token is the second most influential memecoin, behind $FLOKI, in the blockchain space. In terms of engagement, RichQuack recorded over 580K engagements in the past month, coming third behind Floki and BabyDoge.
Users’ interest in the memecoin is positive for its development in the crypto space while in a bear market. Further, its increasing bullish sentiment, according to Lunarcrush data, suggests that many are interested in its progress. BSC News recommends visiting Lunarcrush to learn more about the protocol’s impressive metrics.
Rich Quack is a community-driven project 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.
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