Is QKC Worth Buying? Analyzing the Latest Movement with Bitrue

QKC has climbed 17.7% over the past 24 hours, pushing its price to $0.00408. Trading volume has reached over $42 million, while the market cap stands near $29.7 million. 

Despite this short term strength, long term charts show significant historical decline, and liquidity warnings have surfaced in certain pools. 

The key question now is whether this move signals genuine recovery or simply temporary momentum within a structurally weak trend.

Key Takeaways

• QKC has gained 17.7% in 24 hours, supported by strong short term trading volume.
• Long term price history shows extended decline, with 1 year performance down 55.4%, suggesting broader weakness.
• Liquidity remains a concern in certain trading pools, which may lead to price slippage and volatility.

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What Is Behind the Latest 17.7% Move?

The recent price increase appears to be driven primarily by short term speculative activity. QKC has risen 17.7% in 24 hours and 25.4% over 7 days, while 14 day performance shows a 16.1% gain. 

However, zooming out reveals a different story. Over the past year, QKC remains down 55.4%, indicating that the broader trend has been bearish.

Historically, QKC experienced strong valuation during earlier market cycles, but long term charts show a dramatic decline from previous highs. 

The current price of around $0.00408 sits significantly below historical peaks, which may attract buyers looking for perceived undervaluation. 

At the same time, such large drawdowns often reflect fading adoption or reduced ecosystem growth.

Another critical factor is liquidity. Certain decentralised pools have issued warnings about very low liquidity, meaning prices may differ drastically depending on order size. 

Thin liquidity can exaggerate price movements in both directions. A relatively small amount of buying pressure can push the price higher quickly, but selling pressure can also trigger sharp declines.

The strong 24 hour trading volume of $42.2 million suggests heightened activity. However, investors must determine whether this represents sustained interest or short term rotation capital. A one day rally does not automatically signal structural recovery.

Read also: Introduction to Bitrue Alpha: Find 100x crypto gems

Evaluating QuarkChain’s Fundamentals

QuarkChain was designed as a scalable, permissionless, and decentralised blockchain solution aiming to address throughput limitations. The project introduced sharding concepts to improve transaction capacity while maintaining decentralisation principles.

The circulating supply currently stands at approximately 7.2 billion QKC, with a total supply of 10 billion. 

The fully diluted valuation sits near $41.2 million. From a tokenomics perspective, this means a significant portion of supply is already circulating, reducing extreme dilution risk compared to early stage tokens.

However, market capitalisation remains relatively modest at around $29.7 million. Smaller capitalisation assets tend to experience higher volatility and are more sensitive to changes in sentiment.

Another notable data point is liquidity metrics. Some pools show extremely low liquidity, with total liquidity near $2.91 in specific environments. While this may not represent the entire market depth across exchanges, it highlights potential slippage risks in decentralised environments.

In assessing whether QKC is worth buying, investors must weigh its technological ambitions against its current market traction. 

The project has been active for several years, which reduces immediate development uncertainty. Yet price performance over the past four years shows sustained downward pressure.

Short term rallies can occur within longer term downtrends. For QKC to demonstrate stronger recovery potential, it would need consistent higher highs and increased ecosystem participation rather than isolated momentum spikes.

Read also: How to Use Bitrue Alpha: Early Crypto Gems

How to Trade QKC on Bitrue

To trade QKC efficiently, open the Bitrue app and navigate to the spot market to search for the QKC trading pair, then place either a market order for immediate execution or a limit order to define your entry price. 

Bitrue offers structured charts and order management tools that help reduce slippage risks compared to thin decentralised pools.

1. Register for a Bitrue account and complete identity verification.
2. Deposit USDT or other supported assets into your wallet.
3. Search for QKC in the spot trading section.
4. Choose a market order for immediate purchase or a limit order to set your preferred price.
5. Confirm the transaction and monitor your position through the portfolio dashboard.

Trading lower capitalisation assets requires careful risk management. Setting defined entry points and avoiding oversized positions can help manage volatility exposure.

Read also: Is Bitrue Alpha Worth It? Give it A Try Now

Conclusion

QKC’s 17.7% daily gain reflects renewed short term interest, supported by elevated trading volume. However, the broader context shows significant long term decline and potential liquidity concerns. 

While its market cap remains relatively small and token supply structure is largely distributed, sustained recovery would require stronger ecosystem momentum and consistent price structure improvement. 

For traders seeking structured access with clearer liquidity and execution, Bitrue provides an accessible platform for buying and managing QKC positions more safely.

FAQ

Why did QKC rise by 17.7%?

The increase appears driven by short term trading activity and renewed speculative interest, supported by elevated daily volume.

Is QKC a long term investment?

That depends on individual risk tolerance. The project has been active for several years, but long term price performance has been weak.

Are there liquidity risks with QKC?

Yes. Some decentralised pools show very low liquidity, which may lead to slippage and sharp price swings.

What is QKC’s circulating supply?

Approximately 7.2 billion QKC tokens are currently in circulation out of a total 10 billion supply.

Where can I trade QKC safely?

You can trade QKC on Bitrue by registering an account, depositing funds, and accessing the spot trading pair through the platform interface.

Disclaimer: The views expressed belong exclusively to the author and do not reflect the views of this platform. This platform and its affiliates disclaim any responsibility for the accuracy or suitability of the information provided. It is for informational purposes only and not intended as financial or investment advice.