Despite the crypto industry experiencing a turbulent first half of the year, the second half has shown a glimpse of hope to crypto investors as some coins are beginning to do well. Within the past couple of months, we’ve seen a meteoric rise in the value of some coins in the crypto ecosystem. One of these coins is the RickQuack cryptocurrency which we will discuss briefly.
The RickQuack cryptocurrency is a Bep-20 token built on the Binance smart chain that aims at providing its holders with the opportunity to make money by investing, building, holding, and winning. It is also a hyper-deflationary meme token that aims to become the future of a safe and secure investment and fundraising platform. On the RichQuack platform, fees are usually awarded by the smart contract, which reflects immediately in the holder’s balance. This means holders and participants do not need to stake or wait for fees to be delivered, as it is obtainable on other crypto platforms.
The RichQuack protocol generates its yield by attaching a 12% fee for each transaction; from this, the holders get back 4% of each transaction, and another 4% is given back to the QUACK/BNB liquidity pool. The native coin of this crypto project is QUACK which is currently valued at 0.000000002711 on the coinmarketcap with a 24hr trading volume of $7,679,337.
Undoubtedly, QUACK ranks among the few coins currently doing well in the industry. However, in this article, we look at other alternative coins that are ‘better buys’ in 2022, and topping the list is TAMA and IMPT.
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Price Prediction Of The QUACK Token.
Some recent developments in the RichQuack ecosystem have seen it pumped up in price in recent times. On the 10th of October, it was announced that QUACK had gained 444 new holders, increasing its no of holders to 130,140. In another development, the coin was listed on the crypto-to-fiat exchange platform, Guardarian and swapzone.io on Oct 11th and 12th, respectively. All these contributed to the rise of QUACK. However, let’s look at this promising coin’s price projection.
The table above, projected by digitalcoinprice.com, shows RichQuack 9 years price projection. These analyses, which combined various market metrics, indicate that the QUACK coin price will increase in the nearest future and is a profitable investment. At the time of writing this article, digitalcoinprice reported that over the last month, the price of RichQuack has increased by 245.81%, and within the previous seven days, the price has increased by 161.59%. Presently, QUACK is showing no sign of slowing down as it also has a massive and impressive 24hr trading volume projected at $7,679,337 on the coinmarketcap.
Despite the positives of this coin, as an investor, it’s sacrosanct; you also understand that we also have some highly profitable alternative coins, such as IMPT and TAMA, which are better buys.
Five Alternative Cryptos That are Better Buys in 2022.
1. Tamadoge (TAMA) – Fast-Rising meme coin
2. IMPT.io (IMPT) – Profitable Newly Launched crypto coin
3. Polygon (MATIC) – A decentralized exchange and a staking platform
4. Avalanche (AVAX) – A Multi-chain Smart Contract Platform.
5. Stellar (XLM) – A Decentralised Open-Source Protocol Making Waves.
Now, let’s look at each of these coins one after the other.
1. Tamadoge.io (TAMA) – Popular Fast-Rising Meme Coin.
Tamadoge is one of the most promising cryptocurrencies in 2022. This project, which was launched in July 2022, combines meme coin, NFT, and play-to-earn metaverse game features. The Tamadoge token, TAMA, is the native token of this platform, and holders can use it to play tamadoge games, earn rewards and buy special items from the Tamadoge pet store. Also, users can earn on this platform with the Tamadoge NFTs. TAMA is currently valued at $0.03934, as indicated on the coinmarketcap. It is currently listed on numerous exchanges where you can buy as much as you want.
2. Impt.io (IMPT) – Profitable Newly Launched Cryptocurrency.
Impt.io is a recently launched crypto project that is making the headlines in the industry. The project aims at environmental protection and sustainability by retiring carbon credit with the aid of NFTs and blockchain technology. The Impt.io platform also provides for increased transparency and security of the project, and it is built on top of Ethereum. It is one of the most secure blockchain platforms. The project, which is currently in the 1st phase of its pre-sale, has raised over $4.3m and sold over 240million IMPTs.
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3. Polygon (MATIC) – A Decentralised Exchange And Staking Platform.
Polygon is a solid investment as it has become a prominent feature of several Defi protocols, and many platforms are adopting it daily. The project, founded in India in October 2017, aims to provide multiple tools to improve transaction speed and reduce the cost and complexities of transactions on the blockchain network. The native token of this project is MATIC, which is currently valued at $0.813 on coingecko with an impressive 24hr trading vol of $358,414,712.
4. Avalanche (AVAX) – A Multi-Chain Smart Contract.
Avalanche, dubbed as the ‘Ethereum Competitor,’ is a multi-chain smart contract platform that prioritizes scalability and transaction processing speed. The platform adapts the proof-of-stake protocol and also affords the chance for anyone to create their own cryptocurrency. It’s also important to note that the Avalanche network uses three blockchains, namely, exchange chain (X-chain), contract chain (C-chain), and the platform chain (P-chain). The native coin of the Avalanche network is AVAX, which is currently valued at $16.30 on the coinmarketcap.
5. Stellar (XLM) – A Decentralised Open-Source Protocol Making Waves.
Stellar is a payment technology platform where you can create, send, and trade digital representations of all forms of value. It uses a decentralized network to process millions of transactions daily, and its blockchain is energy efficient. The native coin is XLM and is currently valued at $0.1162 on coincodex with an impressive market cap of $2.96B. This project is another excellent investment choice for every crypto investor. It has solid fundamentals and the potential to go up in price.
Conclusion
Based on analysts’ projections, RichQuack has the potential to keep rising, and it’s one of the coins to watch out for. However, in this article, we’ve extensively discussed other profitable alternative cryptocurrencies like IMPT and TAMA, which look promising and will be a better buy for crypto investors in 2022.
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