Quant Fundamental Analysis
Quant (QNT) is a native token on Quant Network, which can be called a blockchain operating system — a platform designed to bring interoperability to the blockchain world by serving as a bridge between the different distributed ledgers. It was founded in 2018. Quant’s CEO Gilbert Verdian is an experienced tech manager. His previous work included making sure that there’s interoperability between different healthcare platforms, where he got the idea for Quant.
Quant’s Overledger Network, which is its main product, is an enterprise solution using API gateway as a way for companies to connect their blockchain project to multiple blockchains. Blockchain developers can also make multi-chain applications (MAPPS) based on the Overledger platform.
Quant is designed to work with any distributed ledger architecture, not just those based on the blockchain technology, but also, for example, DAG. Unlike Layer 2 solutions, deploying Quant doesn’t require making changes to the existing DAG or blockchain infrastructure — REST API provides an easy way to connect to the chain.
Quant (QNT) coin is a utility token that enterprises and developers have to purchase and lock in a payment channel in order to use the platform. QNT crypto token also serves as an annual fee to operate the gateway, in exchange for a percentage of the transaction fees.
Quant Price Chart
Quant entered 2021 at around the $12 mark, but by late May Quant’s price has breached the $50 mark, spelling quite a breakthrough for this coin. Notably, QNT was one of the few crypto assets that haven’t been hit all that hard by the bear market in summer 2021. It hasn’t only held above $30 even during the worst dip, but also gained quite a lot by July — QNT’s price has reached $90 several times during that period.
Truly remarkable growth for Quant, however, began at the very end of July, when Binance announced the upcoming QNT listing. In a couple of days leading to the listing itself and a day immediately after, Quant’s price shot up to ~$176. But the coin hadn’t finished its climb: after a slight correction, QNT surged even higher, as the team hit the important milestone, releasing Overledger 2.0.5. Together with a new developer incentive program, this news pushed QNT’s price towards the all-time high of $428.38 on September 11.
By the end of September, Quant’s price has gone through a correction but is still trading around the very decent $300 level. Quant predictions at this point aren’t too clear, as it’s very volatile, but this coin can undeniably put up a show that’s very fun to watch.
Quant Technical Analysis
Quant has been trading in a flag pattern for most of September — shooting up almost to $430 in the early days and then dipping towards ~$250 at the lowest. By the end of the month, QNT’s price action has seemingly reversed, breaking out of the flag and serving as its confirmation.
One point of concern is that QNT may have hit a new resistance at ~$340-$350 now, which is why price predictions for Quant now are a little contradictory: it’s hard to tell yet whether it will be able to break through this resistance on retesting. So, if you’re not willing to wait for the dust to settle, at least trade carefully!
Quant Price Prediction
Below we have collected the most reliable price projections for Quant (QNT) from popular forecast platforms.
#1. WalletInvestor QNT Price Prediction for 2021, 2023, 2025
According to WalletInvestor, Quant price will grow from $270.55 to $543.245 in one year. That makes QNT an awesome investment. The long-term earning potential is 100.79%. Predicted price for the end of 2026 is $1426.010.
#2. TradingBeasts QNT Price Prediction for 2022
Answering the question about if Quant is a good investment, TradingBeasts say a resounding no. In the 2021 perspective, this coin price is predicted to reach $239.714 with a growth to $295.676 by the end of 2022.
#3. DigitalCoin QNT Price Forecast for 2021, 2022, 2023, 2025
In DigitalCoin analysis, the price of Quant cryptocurrency will rise in the next 5 years starting from $289.216 as of today’s price to $1055.7740047. It will go up to $485.8463549 by 2022 and continue its growth in 2023–2024. Based on this forecast, Quant is a profitable long-term investment.
As it can be clear from the analysis cited above, Quant (QNT) projections are rather contradictory. There is no universal consensus either about positive or negative future QNT price movements. Indeed, the future possible growth depends on various factors: announcements, new technological solutions of the Quant projects, the crypto environment in general, legal position, and so on. We kindly remind you that before investing in any cryptocurrency, it is essential to do your own research (DYOR).
Can Quant (QNT) crypto reach $1,000 USD by 2022?
It’s unlikely that Quant (QNT) crypto will reach $1,000 by 2022, as it will take a bull run that’s remarkable for a coin of Quant’s price and market cap levels. However, it’s not impossible, as evidenced by the crypto market rallies we have seen in the recent past — including Quant itself. Its team is getting ready to hit another milestone, so it’s certainly worth watching.
What is Quant Network (QNT)?
Quant Network (QNT) is a blockchain interoperability platform. It allows different blockchains (or, actually, distributed ledgers — which include more than blockchain technology) to connect with each other with ease, and encourages the development of multi-chain applications. Quant has made waves in 2021 with its price rally, and many QNT coin price predictions claim that it’s very smart to invest in Quant Network.
Is Quant a good investment?
Yes, Quant is a good investment, according to several Quant Network price prediction sources. Some of them claim that in the long run, Quant’s price will easily go above $1000. This makes it a great coin to hold as a long-term investment.
Where can I buy Quant Network?
Quant Network is listed by such giants as Binance and Coinbase, as well as several other well-known exchanges like Mandala Exchange, KuCoin, Gate.io. For a non-custodial experience, you can try SwapSpace — we provide you with a wide choice of exchanges.
How much will QNT be worth?
QNT will be worth more than $1,000 in a few years, as claimed by some Quant crypto price predictions. It’s quite possible that Quant will reach $500 during the next year. Even the more negative price predictions don’t see Quant losing much of its worth in the immediate future, holding around $250 instead.
Will Quant go up?
Yes, Quant will go up, at least most of the experts think so. Its price may grow to $500 or even more in the next couple of years (just look at the QNT price predictions for 2022) and hit $1,000 in the long run. Quant’s developers are very active, so it’s expected that they might surprise the users with more innovations that can speed up its growth even further.
Can Quant reach $1,000?
Yes, there is a good chance that Quant will reach $1,000 in the next several years. Note that it’s unlikely that it will happen overnight, though — most Quant crypto price predictions expect it hitting $1,000 around 2025–2026. So, an investor probably should be very patient and hold.
What will Quant be worth in 2022?
Quant will be worth upwards of $500 in 2022, most experts say. Note that there are also dissenting voices, claiming that Quant’s price will probably be closer to $300 at that point. So, as always, you are advised to do your own research.
What will Quant be worth in 2025?
Quant might be worth more than $1,000 in 2025, according to some Quant Network price predictions. It’s hard to make predictions that far in the future, of course, but the QNT coin looks very promising.
Disclaimer: This article should not be considered as offering trading recommendations. The cryptocurrency market suffers from high volatility and occasional arbitrary movements. Any investor should research multiple viewpoints and be familiar with all local regulations before committing to an investment.
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Originally published at https://swapspace.co.