Meme coins like Dogecoin and Shiba Inu get much of their momentum from social activity. However, there could be a new social king of meme coins in Rich Quack.
Data from crypto social intelligence portal LunarCrush on Jan. 24 revealed which meme coins rank highest for social activity.
There were a few surprises in the results, such as Shiba Inu ahead of Dogecoin. However, the leading meme coin has been Rich Quack (QUACK) in terms of social mentions and activity over time.
The results were published by ‘Crypto_Dep:’ on January 24th.
LunarCrush social activity meme token data | Crypto_Dep
Rich Quack overthrows the dogs
The former king of meme coins, Dogecoin ranked third with 1.99% social dominance across all social media. Additionally, Dogecoin had a social engagement of 20.8 million that it topped. Social engagement measures upvotes, retweets, replies and followers. It had a score of 8,210 for social mentions.
Shiba Inu placed second overall with a Social Dominance Score of 2.09%. It also scored 16.2 million for social engagement but beat Dogecoin on mentions with a score of 10,100.
However, at the top of both dog-themed coins was Rich Quack. The duck-themed coin scored 1.91% for social dominance and 7.6 million for social engagement. His winning score was social mentions, of which LunarCrush had recorded 13,600.
Rich Quack is a BNB chain project that describes itself as “hyper-deflationary, self-generating automatic liquidity that pays out static rewards to holders.”
It offers staking returns and liquidity pools, but not much else that sets it apart from the thousands of other DeFi and meme coins out there.
Rich Quack also gained social momentum among other projects based on Binance Chain.
QUACK, DOGE and SHIB price outlook
Rick Quack has a stash of 44 trillion tokens, which is why his price is $0.0000000012. There hasn’t been any movement in the past 24 hours, but it’s increased 15% in the past two weeks. QUACK is down 92% from its all-time high of November 2021.
SHIB prices were down 7% on the day to $0.00001132. However, the meme coin is up 22.6% over the past two weeks. SHIB is down 87% from its all-time high.
DOGE traded at $0.0844 after losing 6.2% on the day. The coin has only gained 8.7% over the past two weeks, lagging behind its two peers. DOGE is currently 88.5% below its peak price.
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