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| QuickSwap (OLD) 
| #QUICK
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| QUICK Price: | $45.92 | | Volume: | $37.1 K | | All Time High: | $1,656 | | Market Cap: | $45.9 M |
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| Circulating Supply: | 1,000,000 |
| Exchanges: | 14
| | Total Supply: | 1,000,000 |
| Markets: | 78
| | Max Supply: | 1,000,000 |
| Pairs: | 59
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The price of #QUICK today is $45.92 USD.
The lowest QUICK price for this period was $0, the highest was $45.92, and the current live price for one QUICK coin is $45.91842.
The all-time high QUICK coin price was $1,656.
Use our custom price calculator to see the hypothetical price of QUICK with market cap of BTC or other crypto coins. |
The code for QuickSwap (OLD) is #QUICK.
QuickSwap (OLD) is 2.6 years old. |
The current market capitalization for QuickSwap (OLD) is $45,918,422.
QuickSwap (OLD) is ranked #291 out of all coins, by market cap (and other factors). |
The trading volume is modest during the past 24 hours for #QUICK.
Today's 24-hour trading volume across all exchanges for QuickSwap (OLD) is $37,085. |
The circulating supply of QUICK is 1,000,000 coins, which is 100% of the maximum coin supply.
A highlight of QuickSwap (OLD) is it's unusually low supply of coins, as this tends to support higher prices due to supply and demand in the market. |
Say Hello to QuickSwap’s New Dogechain UI!
Dragons and shibes, our communities have come together to become even stronger! We’re excited to announce that QuickSwap’s new & upgraded Dogechain UI has now been integrated into our main website domain, enhancing the DogeFi user experience on their chain. Users can now trade, LP, and farm on QuickSwap’s Dogechain extension using our new sleek interface through one URL, making the process much faster, smoother, and easier to use. Previously, users needed to use a separate domain to trade on Dogechain via QuickSwap — this is no longer the case, as you can now toggle and connect your wallet between the Polygon, Dogechain, and zkEVM blockchains directly from our main site. Our goal is to make QuickSwap the leading DEX for Dogechain, allowing shibes and dragons to thrive under one roof. Learn more about how you can access DogeFi on QuickSwap — we’ve also got some alpha on some exciting things to expect in the near future at the end of this blog. — Swap & Trade Tokens - Swap between your favorite ecosystem coins directly on the Dogechain blockchain via QuickSwap. The following tokens are available for trading: Dogechain ($DC), Dogecoin ($WDOGE), DogeDragon ($DD), Dogira ($DOGIRA), Dogelauncher ($DCGOD), QuickSwap ($QUICK), Polygon ($MATIC), USD Coin ($USDC), Tether ($USDT), Wrapped Bitcoin ($WBTC), Ethereum ($ETH), & Mai ($MAI). QuickSwap is sticking to our motto to offer the best DeFi ... 
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QuickSwap is Live on Polygon zkEVM Mainnet Beta
Unmatched privacy. Ruthless efficiency. High scalability. Robust security. Our dragons have always been proponents of having these core elements as integral parts of DeFi to make it the best it can be — that moment is finally here. We’re excited to announce that QuickSwap is now the first DEX to go live on the Polygon zkEVM Mainnet Beta! A recent governance vote passed where our community voted 100% in favor of launching QuickSwap on zkEVM, which has been fully deployed on our site. This technology is truly unbelievable in every sense of the word — read on to learn more about zkEVM and what’s to come. Use zkEVM now on QuickSwap: quickswap.exchange — Say Hello to the Future of Ethereum Scaling - Polygon zkEVM is a decentralized Ethereum Layer 2 scalability solution that uses cryptographic zero-knowledge proofs (ZK-Rollups) to provide blazing-fast validation and quick finality to off-chain transactions. With this EVM-compatible infrastructure in place, developers can easily deploy Ethereum-based smart contracts in a transparent manner and benefit from much higher scalability, lower fees, increased privacy/security, and more. zkEVM is inherently a virtual machine that’s designed to mimic EVM, and these ZK-Rollups run on top of Ethereum’s Mainnet to improve scalability and increase its TPS (transactions per second), where the validity proofs can be easily verified. But how exactly does it do this? Th...
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Cross-Chain Swaps Now Available on QuickSwap, powered by Squid x Axelar
We know our dragons love Polygon DeFi and its smooth, fast transactions at near-zero fees. But what if we told you that the user experience just got even better on QuickSwap? Introducing cross-chain swaps and liquidity, allowing users to execute on-chain swaps across any supported QuickSwap token in just a few clicks. We’ve integrated this feature on our front end through Squid’s widget, also powered by Axelar to help facilitate these transactions. Want to get in on the action and go cross-chain on QuickSwap? Find out more in this article. — Squid Widget & Axelar Integration - By integrating Squid’s widget and routing protocol, QuickSwap users can execute cross-chain swaps across Polygon and other supported Axelar blockchain networks in one click, including 8 EVM (Ethereum Virtual Machine) networks and 17 Cosmos chains to start. Squid and Axelar are helping aggregate liquidity between QuickSwap and other DEXs on these various chains, enabling seamless, efficient cross-chain swaps coupled with deep liquidity for a smooth user experience. This is critical to driving the adoption of this cross-chain feature. With this feature now fully enabled, users can access cross-chain swaps and liquidity all from one place on QuickSwap. Our dragons no longer need to take flight to other platforms — make it easier on yourselves and get everything you need right on our DEX! This is just the beginning of more to come wi...
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Expedited Governance Discussion & Vote: Should We Launch QuickSwap on zkEVM?
For months, tremendous hype has been building up for Polygon’s scheduled go-live date of the zkEVM mainnet beta on Monday, March 27, 2023. They’ve deployed a series of testnets, audits, and other key measures for zkEVM throughout 2022 to prepare for this launch, and the moment is finally here. Polygon’s zkEVM is set to be a game-changer — the gold standard if you will — in EVM equivalence and Ethereum scaling. This technology is based on zero-knowledge proofs to allow developers to easily and seamlessly deploy Ethereum-based smart contracts for exponentially high scalability, minuscule fees, increased security, and more. QuickSwap would like to ask the community to vote on whether we should launch QuickSwap on zkEVM mainnet beta and any future iterations — to quickly move this initiative along, we will conduct the governance discussion alongside the governance vote. The governance discussion will begin immediately (March 24th, 2023). The snapshot for the vote will begin approximately 10 hours after the discussion (10:30am EST, March 25th, 2023). The vote will conclude 48 hours after it begins at 10:30am EST, March 27th, 2023. — TL;DR: - Polygon is launching their flagship zkEVM mainnet beta on Monday, March 27, 2023, Polygon’s zkEVM technology drastically improves Ethereum scalability by bundling large batches of transactions and “proving” them to the Ethereum layer-1 network, boasting ...
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How to Use Brave Wallet with QuickSwap
Brave Wallet has now been added to QuickSwap, giving users another way to connect to our interface and explore our DEXs features. We’ve continued to add support for the most popular cryptocurrency wallets to bring access to our platform to as many users as possible. QuickSwap currently supports the following 8 Web3 wallets: MetaMask, Trust Wallet, Venly, Portis, Coinbase Wallet, WalletConnect, Unstoppable Domains, and now Brave Wallet. To learn more about what Brave Wallet is and how to use it on QuickSwap, we’ve developed a quick tutorial below. — What is Brave Wallet? - Brave Wallet is a secure, multi-chain desktop and mobile crypto wallet that lets you buy, send, store, and swap between thousands of digital assets and NFTs across 100+ blockchains. A key and unique feature is that it’s built directly within browsers, making it more convenient where no extensions or additional steps are required for access — this also makes the wallet more secure, as it limits the chance of fake versions and phishing attacks. Additional features include purchasing crypto with fiat, live market data, viewing and storing NFTs, and more. With over 55+ million monthly and almost 22 million daily active users, Brave Wallet has become a go-to choice across the vast ecosystem of Web3 wallets. — Using Brave Wallet with QuickSwap (Desktop) - If you’re a QuickSwap desktop user, see below for instructions on how to get sta...
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QuickSwap Governance Discussion: QuickPerps, Jump Market Making, Pyth Oracles, & More
Dragonites, the governance discussion that we’re introducing today is among the most complex and important decisions we’ve made yet. We ask you to bear with us as we outline each element. Under normal circumstances, we would conduct multiple votes; however, these elements are so intricately connected that they need to be discussed as one unit. That said, the QuickSwap Foundation is excited for the elements outlined in this proposal and believes they would be beneficial to our DEX and ecosystem in the intermediate short and long-term. TL;DR QuickSwap is asking the community to allocate 4.8% of $QUICK’s supply to the foundation, which we would use for Market Making, Audits, and transition from Old to New QUICK, The Foundation would loan 4% of the token’s total supply to Jump for 4 years for Market Making and new QUICK token transition, The Foundation would use the remaining 0.8% to cover the costs of audits for the perpetuals exchange and possible additional costs to transition to New QUICK, We would apply for a $3 million grant from Pyth (decentralized oracle provider) to adopt their price feeds and tech for QuickPerps, QuickSwap is aiming to launch our decentralized Perpetual Exchange product (QuickPerps) on Polygon, which would come with a variety of unique features, partners, and serve as an additional revenue source, After reading the full proposal, please join us in our Reddit forum to further discuss this prop...
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QuickSwap Integrates with Gamma to Enable Active V3 Liquidity Management
We’re excited to announce that Gamma, a top active liquidity management protocol, has launched support for QuickSwap’s V3 liquidity pools and farms. QuickSwap LPs with liquidity positions in V3 pools and farms can now leverage Gamma’s tech through our UI to actively manage their liquidity, making the entire process more seamless and efficient. This is an extremely important step to driving greater utility, adoption, and ease of use for our V3 model. To kick things off, we’re switching V3 rewards to Gamma. It’s never been easier to LP and farm! Sit back, relax, and let Gamma do the work while you enjoy the yield. Get started now by providing liquidity then deposit your LP tokens in our Gamma farms! Learn more about what this means for users and how you can begin with our tutorial below. — TL;DR: - Active liquidity management is now available on QuickSwap’s V3 through our integration with Gamma, a non-custodial and permissionless protocol, LPs and farmers on QuickSwap can now easily and passively manage their V3 liquidity through supported Gamma pools, The benefits of Gamma’s active liquidity management include automatic rebalancing of your liquidity to keep it in range and auto-compounding of generated swap fees to maximize capital efficiency, We’re providing a step-by-step tutorial on how to get started with Gamma on QuickSwap on our V3 at the end of this blog, — What is Gamma? - Gamma is ...
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QuickSwap Expedited Governance Discussion & Vote: Should We Build A Liquidity Rebalancing/Arb Tool…
QuickSwap Expedited Governance Discussion & Vote: Should We Build A Liquidity Rebalancing/Arb Tool for the DEX - The crypto industry is in a state of crisis. With FTX and numerous centralized services going belly up, QuickSwap is prouder than ever to be a decentralized platform that never takes custody of users’ funds. The phrase “Not your keys, not your coins” has never been more poignant. While a broader industry shakeout doesn’t affect QuickSwap directly, public perception about cryptocurrency does. QuickSwap needs to increase revenue for stakers and for our foundation. That is why we would like to discuss the possibility of building a specialized liquidity balancing/arbitrage tool for rebalancing the DEX’s liquidity. As this is extremely time sensitive, we need to move quickly and hopefully pass this proposal. Thus, the governance discussion will begin immediately (November 23rd, 2022). The snapshot for the vote will take place tomorrow, November, 24th, 2022. The discussion will continue alongside the vote. The vote will conclude on November, 27th, 2022. — TL; DR: - QuickSwap wants to increase revenue for the QuickSwap Foundation and QUICK stakers, We would like to build a liquidity rebalancing/arbitrage tool, If the community votes in favor of this proposal, we will share the revenue generated from the tool with QUICK stakers, We value your input, which is why we’re introducing this discussion b...
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Understanding Impermanent Loss (IL) on QuickSwap’s V3 ‘Concentrated Liquidity’ Model
What is impermanent loss (IL)? Can you prevent IL on QuickSwap’s V3? The IL topic gets a bit more complicated when discussing the concentrated liquidity model on QuickSwap’s V3. But we’re here to help you understand how it works and hopefully figure out what you can do to avoid IL. — What is QuickSwap V3? - We introduced our V3 ‘concentrated liquidity’ model in June 2022. QuickSwap’s V3 allows liquidity providers to allocate capital at specific price ranges for each trading pair. As long as the price of the pair remains within the range, the liquidity provider receives rewards proportional to the volume and liquidity that they allocated. To understand how the V3 model works on QuickSwap, please read QuickSwap’s V3 guide. While the profitability of the concentrated liquidity model has been proven, the risk of impermanent loss (IL) remains an important topic. LPs should factor in the IL when developing a strategy for their positions. Since many LPs want to make the most out of their crypto, they are attracted to providing for smaller ranges. A smaller range will result in greater liquidity concentration and higher rewards, but it also carries more risk. One of these risks is Impermanent Loss (IL). — What is Impermanent Loss (IL)? - LPs should already be familiar with the concept of IL from QuickSwap’s V2. Simply put, it refers to the loss you may suffer from providing liquidity instead of simply h...
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How to Stake & Unstake QUICK/dQUICK: An Updated Guide
A lot has changed since we first introduced single-asset QUICK staking in April 2021. That’s why we’ve prepared this easy-to-follow updated guide to walk you through the process of staking QUICK and/or unstaking dQUICK from the Dragon’s Lair. Please note: In October 2022, QUICK staking in the Dragon’s Lair changed from Old QUICK to New QUICK. To earn a portion of the fees generated from the protocol, you now have to hold New QUICK. Learn how to convert from Old to New QUICK here. — What is dQUICK & How is it different from QUICK? - Simply, dQUICK is QUICK’s staked representative token. When you stake QUICK in the Dragon’s Lair, you receive dQUICK to represent your staked QUICK. The amount of dQUICK you receive for each staked QUICK is variable depending on how much QUICK is deposited in the staking contract. As of writing, QUICK stakers get 1 dQUICK for each 1.006 QUICK they stake. When users unstake, their dQuick is burned, and they get back more QUICK than they put in — based on the dQUICK rate. QuickSwap pays liquidity mining rewards in dQUICK rather than in QUICK so that LPs automatically generate yield from staking. — Where does the yield for staking QUICK come from? - That’s a great question! QuickSwap’s single-asset staking provides stakers with yield by sharing a portion of the revenue that the protocol generates. Our V2 DEX charges a 0.3% fee for each swap. We use 0.04% of ...
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 | Quick Recovery or Prolonged Bitcoin Winter? Analysts Opine
Crypto markets have been down-trending for more than a year now, and an extended period of low volatility could be about to commence, according to one analyst.
However, others have opined that there could be a quick turnaround once the macro situation improves.
On Dec. 18, crypto analyst 'Cold Blooded Shiller' compared the current market to that from the last bear cycle in 2018/19. After the period of rapid declines, markets went into a lull state of sideways trading and very low volatility for around 18 months.
The analyst suggested that this could happen again with crypto winter extending into 2024 if history rhymes.
Seems pretty similar atm, volatility, sell off from this region to fresh lows, start the volatility slowdown for the next 12 months. pic.twitter.com/nzeBMVtjvC
— Cold Blooded Shiller (@ColdBloodShill) December 18, 2022
A Quick Recovery?
However, there are alternative views that predict a quicker recovery for crypto markets. DeFi analyst 'Kamikaz_ETH' said that comparing markets to those before the 'DeFi Summer' is meaningless.
“There will be no extended 1-2 year crypto winter - a couple months tops depending on how fast macro bottom,”
They added that every traditional finance firm is preparing to offer crypto services, and crypto has a lot of real use cases now, most of which are based on Ethereum.
“2020/2021 was not the third crypto cycle - it was the first crypto cycle based on actual functional use cases,” they added.
Use case...
|  | Solana: A Quick Evaluation Of How The Blockchain Performed In Q3 This Ye...
The crypto bear market that began in May has hurt Solana just as much as the rest of the market. CoinGecko reported a massive 16.4 percent increase, and the price of SOL is now at $32.27 at the time of writing.
Messari's most recent quarter on quarter performance evaluation of the Solana network provided illumination into the L1's inner workings, thus it's possible that this is the case.
Despite a generally pessimistic market, the study highlighted very encouraging performance for the token in the third quarter. However, Q3 was a rough quarter for Solana, like it was for most cryptocurrencies, and this could have an impact on the data Messari reported.
In general, Solana's tenacity is demonstrated by the fact that it is still expanding its network and implementing its growth strategy.
Solana Network Activity Up
Messari reports that there was an increase in network activity at SOL. The daily average number of transactions that do not involve a vote increased by nearly 70 percent from 20.544 million in the second quarter.
Chart: Messari
In addition, the number of transactions processed per second (TPS) increased by over 40.4% from Q2's 2,310 TPS.
It's important to note, though, that transaction fees have been going down. For Solana, transaction fees have been falling steadily since the end of 2021, the research claims.
From $0.0005 to $0.0003, this represents a 41.9% drop, making Solana more appealing to developers who seek to build dApps on a low-fee L1 c...
|  | Hedera: A Quick Evaluation Of The Network – And How HBAR Performed...
According to Messari, the performance of Hedera in the third quarter this year defied the prevailing market mood and is currently witnessing growth not seen on other protocols.
DefiLlama claims that the protocol's TVL increased by an impressive 137%. For comparison, Hedera's quarterly network expansion occurred during a period when other networks were contracting.
In addition to boosting the value of its native coin HBAR, this quarterly report also helped it do so in the past few days.
As of this writing, HBAR is trading at $0.060236, down 3.7 percent in the last seven days, data from Coingecko show, Wednesday.
Based on data, we can see that while HBAR's value decreased on weekly and biweekly timescales, these losses are totally wiped out when looking at the cryptocurrency's price over a 24-hour period or an entire month. This bodes well for the network's investor confidence.
Hedera On Solid Footing
Investors and dealers were impressed by the network's rapid expansion because it ran counter to the existing bear market trend. While comparable networks experienced user declines during the quarter, Hedera saw no such trend.
The report states that the network's weekly active user base increased from 7,598 in Q2 to 14,601 in Q3. This represented a rise in the metric of 92.2%. More good news in terms of expansion follows.
HBAR's transfer volumes and overall network fees have also increased. HBAR's overall transfer volume was up from 42,623,168,658 in Q2 to 53,523,008,558...
|  | Bitcoin Miners Pocketed Quick Profit by Selling Nearly 6K BTC Amid Recen...
It has been a tough year for crypto miners who had to sell their coins to cover their costs and fund expansion as well as for the repayment of debts. But this trend appears to be continuing into the third quarter of the year for some.
Bitcoin price successfully broke out before facing rejection near the $25,000 level. Since then, it has been on a downtrend. This has resulted in mounting sell pressure on Bitcoin miners. However, during the brief upswing in early August, they managed to book some profits by selling their tokens.
According to the Glassnode data shared by popular trader Ali Martinez, nearly 6,000 BTC were offloaded by miners of the network in the last two weeks. As per the price level during the selling time, the sold BTC was worth around $142 million.
#Bitcoin miners appear to have taken advantage of the recent upswing to book profits. Data shows that miners sold 5,925 $BTC in the last two weeks, worth roughly $142 million. pic.twitter.com/slcO7SstOZ
— Ali Martinez (@ali_charts) August 19, 2022
Due to the collapse of cryptocurrency prices this year, Bitcoin miners have been pushed into a tight spot even as the network hash rate remained mostly above 190 Eh/s over the last several months and briefly broke into an ATH.
Big mining rigs weren't spared either. The top three Bitcoin mining companies being traded on the US stock market reportedly shed over $1 billion in Q2 2022.
Quarterly earnings reports of Core Scientific Inc., Marathon Digital Holdings In...
|  | Bitcoin Price Analysis: Holding This Range Can Lead a Quick Move Towards...
After getting rejected from the $24K sentimental resistance area three times, the Bitcoin price finally broke the threshold, forming higher highs and lows on the daily chart. Can buyers expect to see the $27K level reached next?
Technical Analysis
By Shayan
The Daily Chart
The weekly candle is closing tonight (Sunday's midnight UTC), and if Bitcoin successfully closes above the $24K level, a rally toward the $27K region will be likely.
However, the 100-day moving average - a key support-resistance line - currently stands at roughly $25K, which is the current 2-month high set earlier today.
Nevertheless, the multi-month descending trendline and the $27K level will be the next major barriers for the primary cryptocurrency’s path in case of a successful breakout of the 100-day moving average line.
The 4-Hour Chart
As stated in our previous analysis, a healthy rally is always accompanied by short to mid-term correction stages. The price typically experiences a 50% - 61.8% correction during these correction phases.
These corrections are referred to as conventional Fibonacci retracement levels. The Fibonacci retracement’s 0.5 and 0.618 levels often serve as significant resistances for the price.
As of this writing, BTC has reached Fibonacci’s 0.5 level (approximately $25K). If Bitcoin successfully exceeds the threshold, the 0.618 level (at around $27K) will be a reachable target. Conversely, bearish momentum would probably return if it fails to break the 0.5 Fib ...
|  | Crypto Quick Look: BTC Touches $42,000, ETH Notches 10-Day Peak
The crypto market was mostly in the green territory on Thursday, with Bitcoin recovering all of the previous day's losses and even surged to a 10-day high beyond the $42,000 level.
Bitcoin was trading at $42,484.88, up 3% in the last seven days, data from Coingecko show.
Ethereum followed suit with a similar local high, but the majority of the crypto market remained in the green on a daily basis.
Following yesterday's bounce, bulls continued to push prices higher. BTC surpassed the $42K mark after breaking over a critical resistance point, while ETH also surpassed its own $3,150 ceiling after temporarily dropping below $3K earlier in the week.
Suggested Reading | Bitcoin Bounces Back Past $40,000, But May Struggle To Maintain Position
Bitcoin has recaptured the critical $42K milestone following a week in which the price fell as low as $38,000. This robust performance and the steady price advances signal the possibility of a new bull run in the coming days.
Robust Performance For Bitcoin
The cryptocurrency achieved another minor milestone in the last 24 hours, surpassing the January 2021 all-time high of $42,000 for the first time since April 11. As of this writing, it is slightly below that threshold, with a market valuation approaching $800 billion.
If Bitcoin's momentum finally reverses, market analysts may begin to see an influx of bulls, perhaps pushing price towards the impending resistance level of $42,700.
Crypto total market cap at $1.92 trillion on the daily chart |...
|  | Why QuickSwap Will Split Token After Community Vote, QUICK Rises By 30%
The QuickSwap community has decided to split the platform’s native token, QUICK. QUICK has seen its largest profits, on low timeframes on March 19 and 20, as the community inclined to split the token in 1:1000 proportion.
QUICK with bullish momentum on the daily chart. Source: QUICKUSDT Tradingview
Via their official Twitter handle, QuickSwap reported that the token split by 1:1000 was approved by 84% of the participants. Previously, the project asked the community if they wanted to split QUICK at all.
At that time, 93% of the users voted yes to the token split event. On their different social media platform, the team behind the project and several community members began a heated debate to determine the potential benefits and trade-offs for this token split.
QUICK’s total supply will growth from 1 million tokens to 1 billion tokens. Conversely, the price of the token will be reduced but token holders will preserve their investment value. They will hold more QUICK as a consequence of the process. The team behind the project said:
Increasing QUICK’s maximum supply will reduce the asset’s price per unit, making it more appealing to crypto enthusiasts who compare QUICK to other DEX tokens without considering supply.
This event is aimed at increasing QuickSwap’s levels of adoption as the token will become more accessible for retail investors. The team behind the project added:
We've submitted our conversion contract to external auditors. When they a...
|  | QuickSwap Asks The Community, To Split or Not to Split QUICK Token?
Decentralized exchange running on Polygon, QuickSwap has officially begun a voting process regarding QUICK. The latter will be decided in posterior voting if the community decides to approve the event at all.
In that sense, the current voting process began on March 12, with a snapshot, and will be closed on March 17. QUICK holders will only need to answer one question: Should QuickSwap do a token split to make QUICK more appealing?
The team behind the DEX has called this process one of the most, if not the most, important governance decisions to date. There is apparently a lot of support for the split, but a portion of QUICK holders have expressed their concerns.
4/ Those who are opposed to the token split have expressed their concerns & addressed them with the team, including co-founder @CryptoRocky who sure knows how to take a punch pic.twitter.com/pyHtSBMdj4
— QuickSwap (@QuickswapDEX) March 5, 2022
The proponents of this proposal believe QUICK is “undervalued” when compared to other decentralized exchange tokens. As seen below, the total market of UNI, 1INCH, CAKE, SUSHI, DYDX, and other similar platforms sometimes stands at billions. A much larger supply than QUICK’s.
Source: QuickSwap via Medium
As the chart also shows, tokens with greater supplies than QUICK have also seen an important positive performance. DYDX and JOE, the tokens for dYdX and TraderJoe, respectively, recorded a +400% and as much as +1,700% profits.
It is unclear if Qu...
|  | Polygon's QuickSwap Considers Token Split, Why It Could Be Bullish...
On a positive trajectory over the last 24 hours and moving along with the general sentiment in the market, Polygon decentralize exchange (DEX) QuickSwap could boost its fundamentals. This process is critical, and could precede a voting on the token split, depending on its result.
The main argument behind the proposal is supported by the potential expansion of the Polygon token, QUICK, supply. The project is currently planning changes on its tokenomics. A change in QUICK’s supply stands as the first and one of the most important.
If approve, the community will vote on possibly splitting the Polygon token on a 1:100 or 1:1,000 relation. The team behind QuickSwap clarified the following:
This would mean that for every 1 QUICK you now hold, you would hold 100 QUICK or 1000 QUICK after the split. QUICK’s maximum supply would increase from 1 million to 100 million or 1 billion.
The split would attempt to “open up” QuickSwap to new users, particularly those with intention to invest but that consider QUICK “too expensive” or with “small chances” of future appreciation. The proposal has managed to secure support from a portion of QUICK holders, others remain skeptical.
5/ One concern is that the split could be deemed a taxable event
We know how much dragons value their treasure & wouldn't want you to part with yours
We aren't tax experts & can't give tax advice, but stock splits aren't taxable events & token splits shoul...
|  | Bitcoin Price Quick Look: Profit Taking Affects Current Market Movements
The Bitcoin price range has become significantly more subtle over the last several months as it has grown in popularity as a cryptocurrency. It is currently valued at $42,398.83 as of Sunday.
On Saturday, the BTC/USD exchange rate increased by 7.07%. Bitcoin ended the day at $42 414, up 3.54% from Wednesday's low.
According to analysts, investors are in profit taking mode this week, rapidly eroding daily gains and capping the market at around the 45K level.
Bitcoin fell to an intraday low of $43,917.4 Saturday morning before recovering. Late in the day, a new high of $48,598 was set, surpassing the previous high of $43,284 set earlier in the day.
Despite concerns about the global economy and rising inflation, investors are attracted to Bitcoin's (BTC) price movement.
Quick Bitcoin Price Analysis
Bitcoin would have to avoid a break below the pivot level of $45,841 in order to activate the first major resistance level at $48,765.
The crypto would require broad market support to break out of this new swing high of $48,945. Don’t Forget About Crypto Taxes
The world's most popular crypto would require broad market support in order to overcome the recent swing high of $48,945.
The first critical barrier level and resistance at $50,000 is likely to prevent further gains until crypto assets experience a sustained rise.
In the event of a prolonged crypto rally, Bitcoin may test the second major resistance level at $51,522. If the pivot point at $46,841 i...
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