Quack AI token experiences extreme volatility and wash trading concerns

Quack AI (Q) has undergone significant price fluctuations, characterized by a massive 261.35% single-day surge followed by a 28.06% decline. During its peak rally, the token reached an all-time high of $0.1456, though recent trading saw it reach levels as high as $0.2038.

On-chain analysis has raised questions regarding market activity. While reported 24-hour trading volume reached $280 million, analysts suggest that approximately 78% of that volume may be coordinated wash trading. After stripping away flagged wash volume, legitimate trading volume is estimated at roughly $21.13 million.

Investors are also monitoring upcoming supply pressures. A scheduled token unlock on November 2, 2026, is expected to release approximately 241.28 million Q tokens, representing 2.41% of the total maximum supply. This unlock includes allocations for the community, ecosystem, treasury, team, and investors.