QNT Reverses The Market, Up 50% In The Last 30 Days

Despite the prevailing uncertainty and depression in the crypto market, Quant Network’s coin QNT continues to rise. QNT’s value has increased by more than 50% in the last 30 days, bringing the total gain from the beginning of the slide to 80%.

QNT Reverses The Market, Up 50% In The Last 30 Days 3

The reason for this success is that Sibos, the world’s largest financial services conference, has initiated a targeted move for QNT citations.

The conference, hosted by SWIFT, which just announced its CBDC concepts, will draw hundreds of attendees, including Quant Network leaders. They will talk on October 13, thus the price of QNT should become more volatile.

Quant Network, is the only simple and safe platform that allows easy connection to any DLT in the world and intends to capture a large portion of the CBDC industry in the future.

Following collaborative experiments with the Bank of England on the digital pound, the company already has the requisite experience to deal with state cryptocurrencies, when nations such as Australia, India, and Norway announce the launch of their own CBDC programs.

Thanks to the above motivating factors, QNT broke through an incredibly strong resistance level of $163.5 yesterday. At the time of writing, the token is trading at $152.

QNT daily chart. Source: CoinCu

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Harold

CoinCu News

Harold

With a passion for untangling the complexities of the financial world, I've spent over four years in financial journalism, covering everything from traditional equities to the cutting edge of venture capital. "The financial markets are a fascinating puzzle," I often say, "and I love helping people make sense of them." That's what drives me to bring clear and insightful financial journalism to the readers of Coincu.