After becoming a millionaire in 2020 by investing $10,000 in Shiba Inu and Dogecoin , RichQUACK plans to repeat the strategy
Operating on the Binance Smart Chain (BSC), Rich Quack (QUACK) is a hyper-deflationary coin that prioritizes automatic rewards for its holders via a concept called "frictionless yield generation." The QUACK smart contract incorporates the incentives into the token and is instantly reflected in the user's balance after every transaction, eliminating the need for manual staking or waiting for fee distributions, in contrast to conventional staking methods.
Rich Quack aspires to differentiate itself from other meme tokens by concentrating on rewarding holders and constructing a sustainable ecosystem. It does this via deflationary principles, automated rewards distribution, and community-driven features. Rich Quack provides its holders with the chance to participate in entertaining and possibly lucrative activities in addition to passive income by integrating elements such as a deflationary model and a lottery system.
The Emergence of Shiba Inu (SHIB) and Dogecoin (DOGE) as Meme Coins
In 2013, Dogecoin (DOGE) started to make waves in the cryptocurrency world when prominent personalities like Elon Musk backed it. Quantitative easing and other factors piqued the interest of retail investors in Dogecoin (DOGE) in 2020, leading to a price increase of almost 15,800%.
To contrast, Shiba Inu (SHIB), also referred to as the "Doge Killer," has become well-known in the cryptocurrency industry despite initial mockery. At the debut, Vitalik Buterin, co-founder of Ethereum, received half of the tokens issued by Shiba Inu (SHIB). Buterin lauded Shiba Inu and brought attention to it as an alternative cryptocurrency that could be built on the Ethereum network.
The Shiba Inu cryptocurrency (SHIB) has a market valuation of $8.6 billion and $261 million worth of trading volume per day, The current price of one meme coin is $0.00001467.
