Markets· ★★· bearish·

Quack AI (Q) Jumps 261% in a Day as 78% of Volume Flagged as Wash Trading

  • —Q rose 261.35% in 24 hours to $0.2038 after opening the October 26 session below $0.06
  • —Bithumb accounted for $83.94 million of volume, PancakeSwap V3 for $73.38 million
  • —212 wallets were flagged for wash patterns, including 113 net-zero transfers and 152 closed cycles
  • —Two 24-day-old accumulator wallets hold 87.5 million Q, or 1.74% of supply
Why it matters: A thin retail float and a mintable contract leave Q exposed to a sharp reversal once the pump leg ends.
Source: Coincu