Mon, December 23

Quant (QNT) Price Skyrocket to 99% In a Month, Will It Continue?

Quant (QNT) Price Skyrocket to 99% In a Month, Will It Continue? Altcoin News
  • Quant price increased by over 99.5% to $224.
  • QNT gained more than 400% from its annual low of $41.16.

Quant (QNT), a less popular cryptocurrency, has seen price surges while prominent crypto like Bitcoin and Ethereum have decreased. QNT price jumps by more than 99.5% in the previous month. At the time of writing, Quant traded at $224 with a price increase of over 23% in the last 24 hours. 

Quant (QNT) price chart (Source: CoinMarketCap)

At the beginning of the year, Quant’s price declined along with the entire cryptocurrency market. But since then, Quant has maintained consecutive price increases and now QNT gained more than 400% from its annual low of $41.16, which is recorded on June 13.

Quant (QNT) Price Track

The altcoin Quant maintains a bullish streak with a 5th-day green candle. The price increase of Quant represents a move against the whole cryptocurrency market. Within a week, QNT’s price climbed by over 40%, and approximately 70% in the last 14 days. The price range indicates that the QNT price may rise to the $232.5 and $341.2 resistance levels.

On October 15, Quant’s rank on CoinMarketCap (CMC) was 30 and now QNT’s rank is 26, as per CMC. At the time of writing, Quant traded at $224 with a trading volume of $182,099,089. QNT is up 23.31% in the last 24 hours with a market cap of $2,725,866,851. 

In addition, the recent price increase and the subsequent profitability of QNT holdings have led to a good sentiment among the token’s investors. Result of this, QNT has had a vast social impact during the previous few weeks. And the social volume of QNT has increased to its highest level over the last three months since the end of September.

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A journalism graduate who is passionate about writing loves to dance and travel currently starts exploring blockchain technology.