QuickSwap, a decentralized exchange (DEX) platform, is proposing a major change in their tokenomics, namely a plan to burn 100% of purchased QUICK tokens. 

QuickSwap Will Burn 100% QUICK Tokens

<img src="https://static.bittime.com/cms-static/upload/Quick_Swap_Will_Burn_100_QUICK_Tokens_2b92be75be.png" alt="QuickSwap Will Burn 100% QUICK Tokens.png" width="2048" height="1152"><meta charset="utf-8"><a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/?cn=400001">Bittime</a> - QuickSwap, a decentralized exchange (DEX) platform, is proposing a major change in their tokenomics, namely a plan to burn 100% of purchased QUICK tokens.&nbsp;Over the past few years, a portion of QuickSwap's revenue was used to buy back QUICK tokens on the open market and distribute them as staking rewards in Dragon's Lair.&nbsp;However, this time the QuickSwap community was given the opportunity to decide whether they would run a test burn of 100% of QUICK tokens. This could have a significant impact on the price and scarcity of the QUICK token in the future.<a target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/reward/hamsterkombat?content_id=news&amp;cn=400001"><img src="https://static.bittime.com/cms-static/upload/hamster_kombat_upcoming_listing_d9e1665dfb.webp" alt="hamster kombat upcoming listing.webp" width="2985" height="620"></a><h2 style="text-align:justify;">What is Token Burn?</h2>Token burn is a process where a certain number of tokens are permanently removed from circulation. This is done by transferring tokens to an address that can no longer be accessed. This process is designed to reduce the total number of tokens in circulation, which often increases the scarcity and potential price of the token.&nbsp;In this case, QuickSwap plans to do&nbsp;token burn QUICK, which will reduce the total supply and may increase the value of the remaining tokens. This process has often been done in various other crypto projects such as PancakeSwap.Also read:&nbsp;<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/blog/apa-itu-quickswap-panduan-lengkap-untuk-pemula">What is QuickSwap? The Complete Guide for Beginners</a><h2 style="text-align:justify;">Why Does QuickSwap Want to Burn QUICK Tokens?</h2>Burning QUICK tokens is not only to increase value, but also to align the interests of token holders with the long-term sustainability of the project.&nbsp;During this time, QuickSwap has used a portion of the revenue to buy back QUICK tokens and distribute them as staking rewards.&nbsp;However, if the community approves burning 100% of the repurchased tokens, then these tokens will no longer be distributed, but rather removed from circulation. This has the potential to reduce token inflation and make tokenomics more attractive to investors.<img src="https://static.bittime.com/cms-static/upload/Leonardo_Phoenix_Create_a_highly_detailed_and_realistic_image_2_ba670eddec.jpg" alt="Leonardo_Phoenix_Create_a_highly_detailed_and_realistic_image_2.jpg" width="1472" height="832"><h2 style="text-align:justify;">Token Burn 3 Month Trial</h2>QuickSwap is proposing a three-month token burning trial. During this period, all QUICK tokens bought back from platform revenues will be burned. The community has a say in determining whether this trial will take place or not.&nbsp;Discussions regarding this plan will take place on QuickSwap's official Reddit until September 5, 2024. After that, formal voting will be held via the Snapshot platform from September 5 to 9, 2024.By regularly burning tokens, the number of tokens in circulation will decrease significantly. This could have a positive impact on the price of QUICK, especially if accompanied by high trading volume in the future.&nbsp;For example, PancakeSwap which has implemented a similar token burn mechanism, managed to increase the value of their CAKE tokens significantly after the token burn was carried out.Token burning&nbsp;quickswap burn This is one step to strengthen tokenomics and increase the attractiveness of QUICK tokens for investors. If this vote is successful, then the QuickSwap community will see real impact from&nbsp;token burn quick to the market and token value.<h2 style="text-align:justify;">How to Buy Crypto on Bittime</h2><a target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/how-to-buy?content_id=news&amp;cn=400001"><img src="https://static.bittime.com/cms-static/upload/banner_cara_beli_ab926002c1.webp" alt="cara beli crypto di bittime" width="2985" height="620"></a>You can buy and sell crypto assets in an easy and safe way via&nbsp;<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/?cn=400001">Bittime</a>. Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti.&nbsp;To be able to buy crypto assets on&nbsp;<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/?cn=400001">Bittime</a>, make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application.&nbsp;Learn<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/how-to-buy"> How to Buy Crypto on Bittime</a>.Monitor price chart movements of&nbsp;<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/price/BTC">Bitcoin (BTC)</a>,&nbsp;<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/price/ETH">Ethereum (ETH)</a>,<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/price/SOL"> Solana (SOL)</a> and other cryptos to find out today's crypto market trends in real-time on Bittime.

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QuickSwap Will Burn 100% QUICK Tokens.png

QuickSwap is a decentralized exchange (DEX) on the Polygon network with low transaction fees, high speed, and profitable yield farming and staking features.

What is QuickSwap? The Complete Guide for Beginners

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What is QuickSwap The Complete Guide for Beginners.webp

QuickSwap (QUICK) price prediction from 2024 to 2028 shows significant upside potential, with a high of $1,430.55 in 2024. Learn more!

QuickSwap (QUICK) Price Prediction: 2024 - 2028

<img src="https://static.bittime.com/cms-static/upload/Quick_Swap_QUICK_Price_Prediction_2024_2028_1bc31f2a2e.webp" alt="QuickSwap (QUICK) Price Prediction 2024 - 2028.webp" width="2048" height="1152"><a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/?cn=400001">Bittime</a> - QuickSwap (QUICK) is one of the fastest growing decentralized exchange (DEX) platforms on the Polygon network.&nbsp;As part of the DeFi ecosystem, QuickSwap offers liquidity and fast transactions with low fees. What are the price prospects for QuickSwap in the next few years?&nbsp;Based on technical analysis and market trends, this article will discuss the QUICK price prediction from 2024 to 2028.<a target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/staking?content_id=news&amp;cn=400001"><img src="https://static.bittime.com/cms-static/upload/banner_staking_coin_8abe277d88.webp" alt="banner staking coin.webp" width="2985" height="620"></a><h2 style="line-height:1.38;margin-bottom:10pt;margin-top:14pt;text-align:justify;" dir="ltr">QuickSwap Price Prediction 2024&nbsp;</h2>According to predictions, the price of QuickSwap in 2024 is expected to experience significant volatility. QUICK's highest price could reach $1,430.55, while its lowest price could reach $8.11.&nbsp;The average price is predicted to be around $208.02. This volatility reflects huge growth potential, especially considering the increasing demand for DEX services worldwide.Read also:&nbsp;<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/blog/token-catizen-cati-melonjak-di-premarket-berbagai-bursa">Catizen Token ($CATI) Soars in Pre-Market Trading, Market Value Estimated to Exceed $600 Million</a><h2 style="line-height:1.38;margin-bottom:10pt;margin-top:14pt;text-align:justify;" dir="ltr">QuickSwap Price Prediction 2025</h2>In 2025, predictions show that the price of QUICK will fluctuate between $0.76 to $652.62. The average price is expected to be around $119.90.&nbsp;With market sentiment remaining optimistic, the potential for a significant surge remains, primarily driven by wider adoption of DeFi solutions.<h2 style="line-height:1.38;margin-bottom:10pt;margin-top:14pt;text-align:justify;" dir="ltr">QuickSwap Price Prediction 2026</h2>In 2026, the price of QuickSwap is expected to move between $17.54 to $118.75, with the average price hovering around $36.34.&nbsp;Even though prices are relatively lower compared to 2024 and 2025, the potential for long-term profits remains, considering QuickSwap continues to innovate and improve its ecosystem.<a target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/register?content_id=news&amp;cn=400001"><img src="https://static.bittime.com/cms-static/upload/Banner_2_988b13eca2.webp" alt="Banner 2" width="1999" height="415"></a><h2 style="line-height:1.38;margin-bottom:10pt;margin-top:14pt;text-align:justify;" dir="ltr">QuickSwap Price Prediction 2027&nbsp;</h2>In 2027, QuickSwap is predicted to have a fairly wide price range, between $0.55 and $88.23, with an average price of around $51.93.&nbsp;The drop in minimum prices reflects market uncertainty, but growth opportunities remain high.<h2 style="line-height:1.38;margin-bottom:10pt;margin-top:14pt;text-align:justify;" dir="ltr">QuickSwap Price Prediction 2028</h2>Predictions for 2028 show the potential for significant price increases. QUICK is expected to trade between $14.81 to $1,150.95, with an average price of around $209.23.&nbsp;This shows increasing interest in DeFi tokens, along with the growing adoption of blockchain technology.<h2 style="line-height:1.38;margin-bottom:10pt;margin-top:14pt;text-align:justify;" dir="ltr">Conclusion</h2>In the next five years, the price of QuickSwap (QUICK) is expected to experience quite large fluctuations, with the potential for significant increases in the early years such as 2024 and 2025.&nbsp;Despite market uncertainty, predictions show that QuickSwap has promising long-term growth prospects, especially in the DeFi sector.&nbsp;However, investors are advised to always conduct in-depth research before making an investment decision.<h2 style="line-height:1.7999999999999998;margin-bottom:6pt;margin-top:10pt;text-align:justify;" dir="ltr">How to Buy Crypto on Bittime</h2><a target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/how-to-buy?content_id=news&amp;cn=400001"><img src="https://static.bittime.com/cms-static/upload/banner_cara_beli_ab926002c1.webp" alt="cara beli crypto di bittime" width="2985" height="620"></a><meta charset="utf-8">You can buy and sell crypto assets in an easy and safe way via&nbsp;<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/?cn=400001">Bittime</a>. Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti.&nbsp;To be able to buy crypto assets on&nbsp;<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/?cn=400001">Bittime</a>, make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application.&nbsp;Learn<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/how-to-buy"> How to Buy Crypto on Bittime</a>.Monitor price chart movements of&nbsp;<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/price/BTC">Bitcoin (BTC)</a>,&nbsp;<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/price/ETH">Ethereum (ETH)</a>,<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/price/SOL"> Solana (SOL)</a> and other cryptos to find out today's crypto market trends in real-time on Bittime.