Q · Daily move · 2026-10-27
Why did Quack AI drop 73.4% on October 27, 2026?
Q's move can't be compared with Bitcoin's yet; the figures below describe the move, not its cause. This is Q's largest 24-hour fall in 29 days. No Q report was collected from the day before to the day after; the cause is unresolved.
The fall followed an unusually sharp surge, but no confirmed project event explains the reversal. Perpetual-market liquidations may have amplified it.
May have added to the movePossible
A report published Oct 27, 04:59 UTC noted a roughly 270% prior-day surge. Long liquidations totaled about $170,000 in the measured window; the largest reported hour began Oct 27, 06:00 UTC. Forced long closures could have added selling pressure, but the timing does not establish that they started the fall.
What is not shown
Liquidations are from one venue, and their relationship to the fall’s onset is unknown. The report describes the earlier surge, not a cause of the reversal.
Weaker possibilities: A report published Oct 26, 08:59 UTC warned of downside risk ahead of a November token unlock. (Quack AI [Q] falls 28% before 241M token unlock – Can THIS hold?, RootData: Q will unlock tokens worth approximately 14.44 million USD in one week)
What is still unknown
What initiated the reversal, and whether the reported token unlock or other news affected selling, remain unknown.
Looked at the 24 hours to Oct 28, 2026, 02:42 UTC
- Day open / close
- $0.199713 → $0.05313124 hourly candles, Gate · USDT
- Day range
- $0.051022 – $0.234813360.2% from low to high
- Versus the past month
- Its largest 24h fall in 29 days-73.41% in the 24 hours to Oct 28, 2026, 00:00 UTC, 9.9× a typical day (7.4%).
- 30-day range
- 77.4% below the high · 167.2% above the lowFrom hourly highs and lows on the same venue
- 24h volume
- 6.5×of its prior 30-day daily average
- Where it traded
- Bithumb 31% · PancakeSwap V3 (BSC) 27% · Gate 14%includes on-chain pools
Computed from Gate · USDT hourly candles for the 24 hours to Oct 28, 2026, 00:00 UTC. Methods →
Q timeline around October 27, 2026
Largest closed hourly move: -35.84%, Oct 27, 2026, 08:00–09:00 (UTC).
13 sharp price swings were flagged; the largest was -29.11% in 1 hour at Oct 27, 2026, 07:30 UTC.
How often has this happened before?
This is the first UTC day since 2025-09-02 on which Q has fallen 50% or more on Gate · USDT daily closes.
One venue’s daily closes, before costs; the coin’s own survived history, so it says nothing about coins that no longer trade. Past episodes are not a forecast.