Meme coin projects like Dogecoin and Shiba Inu get most of their momentum from social activities. However, there may be a new “social king” of meme coin projects with Rich Quack. Here are the details…
This meme coin outperformed SHIB and DOGE in social activity
Data from crypto social analytics portal LunarCrush on January 24 has revealed which meme coins rank highest for social activity. There were a few surprises in the results, such as the Shiba Inu getting ahead of Dogecoin. However, the leading meme coin was Rich Quack (QUACK) regarding social mentions and activities over time. The findings were published on January 24 by ‘Crypto_Dep’.
Dogecoin, the former king of meme coins, took the third place with a 1.99% social dominance on all social media. Also, Dogecoin had and led to 20.8 million social interactions. Social engagement measures upvotes, retweets, replies, and followers. It scored 8,210 for social mentions.
The Shiba Inu ranked second overall with a social dominance score of 2.09 percent. Additionally, it scored 16.2 million for social engagement but outpaced Dogecoin with a score of 10,100 in mentions. However, both dog-themed meme coins were headed by Rich Quack. The duck-themed coin scored 1.91% for social dominance and 7.6 million for social engagement. LunarCrush has recorded the coin’s rating at 13,600.
What is Rich Quack?
Rich Quack is a BNB Chain project that describes itself as “a hyper-deflationary, automated liquidity generator that pays static rewards to its holders.” It offers staking returns and liquidity pools, but it is nothing else that sets it apart from thousands of other DeFi and meme coins. Rich Quack was also gaining social momentum among other Binance Chain-based projects. Rick Quack has a supply of 44 quadrillion tokens, so its price is $0.0000000012. No movement in the last 24 hours, but up 15 percent in the last two weeks. QUACK is down 92 percent from its all-time high in November 2021.
https://twitter.com/CryptoInsightsX/status/1617900643389435905
According to the cryptokoin.com data, SHIB prices decreased by 7 percent during the day to $ 0.00001132. However, the meme coin has gained 22.6 percent over the past two weeks. SHIB is down 87 percent since its all-time high. DOGE was trading at $0.0844 after losing 6.2 percent on the day. The coin has gained only 8.7 percent in the last two weeks, underperforming its two peers. DOGE is down 88.5 percent from its currently high price.
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