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QUICK gains over 20% in 7 days, why is this leading DEX token attracting market attention
QUICK (QuickSwap [Old]) has increased by 0.71% in the past 24 hours, currently trading at $13.06, but more notably, it has gained 20.51% over the past 7 days. This reflects ongoing market interest in the QuickSwap platform. As a leading DEX in the Ethereum ecosystem and Agglayer, QuickSwap has been deployed on multiple mainstream EVM chains such as Base and Polygon PoS, supporting over 1,000 tokens and 80,000 trading pairs.
QUICK Recent Price Performance
According to the latest data, QUICK’s price trend shows a phased rebound:
Within 24 hours, QUICK fluctuated between $10.00 and $13.21, with a market cap of approximately $9.18 million, an increase of $64,800 from the previous day. This indicates that although short-term volatility exists, market attention to this token is rising.
Platform Fundamentals Support Token Value
Liquidity and Trading Depth Advantages
As a top-tier DEX, QuickSwap’s trading ecosystem is relatively complete. The platform supports over 1,000 tokens and 80,000 trading pairs, expanding coverage across multiple mainstream EVM chains. This broad support for trading pairs ensures sufficient liquidity depth for users, which is crucial for the long-term competitiveness of a DEX.
Diversified Revenue Mechanisms
QUICK token holders can earn rewards through various methods:
This diversified revenue design can provide long-term holders with stable income expectations, enhancing the token’s attractiveness and holding incentives.
Comprehensive User Entry Channels
The platform supports convenient fiat-to-crypto purchase options such as Apple Pay and credit cards, lowering the entry barrier for new users. This is significant for expanding the user base and improving asset accessibility.
Token Supply and Market Position
QUICK currently has a circulating supply of 702,762 tokens, a total supply of 940,919 tokens, and a max supply of 1,000,000 tokens. The circulation rate is 70.28%, indicating a relatively sufficient token supply. Its market cap ranks at 1,073rd place, placing it in a mid-sized project within the crypto market.
From a supply perspective, QUICK’s circulating supply proportion is relatively high, with manageable future issuance pressure. The $9.18 million market cap is moderate among DEX tokens, suggesting that QUICK still has room for growth compared to leading DEX tokens.
Market Focus
The 20.51% increase over 7 days, contrasted with a 2.10% decline over 30 days, indicates that QUICK has recently regained market attention. This may be related to:
Summary
QUICK’s recent performance reflects market recognition of the QuickSwap platform. Fundamentally, the platform boasts a complete trading ecosystem, diversified revenue mechanisms, and comprehensive user entry channels, all supporting the value of the QUICK token. The 7-day 20.51% rise shows growing market attention, but the 24-hour 0.71% increase also suggests ongoing volatility. As a project ranked 1,073rd by market cap, QUICK still has growth potential in the DEX space, but investment decisions should consider individual risk tolerance and platform prospects.