Advertisement
AD

Main navigation

QNT Cryptocurrency Up 80% During Fall, Here's Why It Is Not Limit

Advertisement
Sun, 9/10/2022 - 11:09
QNT Cryptocurrency Up 80% During Fall, Here's Why It Is Not Limit
Cover image via stock.adobe.com

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

Read U.TODAY on
Google News

Quant Network's cryptocurrency QNT continues its ascent despite the generally uncertain and rather depressed state of the crypto market. Having added more than 20% in value in the past week, QNT's overall increase since the beginning of fall is already 80%.

Advertisement

A particular pump for QNT quotations lately is also given by Sibos, the largest conference in the world dedicated to financial services. Hosted by SWIFT, which presented its CBDC ideas a few days ago, the conference will host several thousand participants, including Quant Network executives. They will speak Oct. 13, so we should expect increased volatility in the price of QNT.

As previously reported by U.Today, Quant Network, as the only simple and secure platform that provides easy connectivity to any DLT in the world, is aiming for a sizable chunk of the CBDC market in the future. The company already has the necessary expertise to deal with state cryptocurrencies, following joint trials with the Bank of England on the digital pound, when countries such as Australia, India and Norway announce the launch of their own CBDC projects.

Quant Network (QNT) price action

Among other things, QNT broke through an incredibly strong resistance level of $150.5 today. A consolidation above this level could send QNT well north in search of a fair price.

Source: TradingView
Advertisement
TopCryptoNewsinYourMailbox
TopCryptoNewsinYourMailbox
Advertisement

Latest Press Releases

Our social media
There's a lot to see there, too

Popular articles

Advertisement
AD