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%.

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

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Join us to keep track of news: https://linktr.ee/coincu

Website: coincu.com

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.

Recent Posts

Spectral Labs Joins Hugging Face’s ESP Program to advance the Onchain x Open-Source AI Community

New York, New York, May 7th, 2024, ChainwireSpectral is excited to announce its participation in…

4 hours ago

Franklin Bitcoin ETF Trading Rules Proposed Changes By CBOE To Better Support Investors

CBOE proposes rule changes affecting Franklin Bitcoin ETF trading, potentially altering purchase timing for traders.

5 hours ago

Ethernity Transitions to an AI Enhanced Ethereum Layer 2, Purpose-Built for the Entertainment Industry

LOS ANGELES, United States, May 7th, 2024, ChainwireGlobal brands and talent will be able to…

6 hours ago

Robinhood Wells Notice Is a Warning to Tokens Violation Of Securities Laws, SEC Chair Said

Robinhood Wells Notice from the SEC indicates potential legal action over alleged securities violations in…

6 hours ago

Blast Review: The First Layer 2 Native Yield Project

Blast Review, the first Layer 2 providing automatic profits to ETH assets and stablecoin holdings,…

8 hours ago

New Crypto Casino TG.Casino Becomes Regional iGaming Partner of AC Milan

Milan, Italy, May 7th, 2024, ChainwireCryptocurrency casino platform TG.Casino and iconic Italian football team AC…

8 hours ago

This website uses cookies.