While the cryptocurrency market largely remains weak, Quack AI’s Q token has stood out with its sharp rise.
According to CoinGecko’s data released today, Q has gained approximately 91.5% in value over the past 24 hours, reaching $0.1347. The fact that the price fluctuated between $0.06809 and $0.147 during the same period highlights both the growth and the significant intraday volatility.
The token’s daily trading volume rose to approximately $202.2 million. The data provider noted that volume increased by approximately 258.6 percent compared to the previous day. Q’s market capitalization was calculated to be approximately $633.9 million.
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The rise wasn’t limited to just the last day. The seven-day gain reached approximately 352.6%. However, the price remained below its all-time high of $0.147.
Quack AI is described as a project working on the on-chain operations and governance of artificial intelligence agents. However, current price data does not prove that today’s rise is due to a single announcement.
The rise is thought to be due to a large short squeeze in the Q token.
*This is not investment advice.
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