As many cryptocurrency projects keep emerging every day, it is pertinent that the space keeps ensuring that blockchain technology is efficient and secure. However, Quant protocol aims to become a prominent blockchain network by solving interoperability issues in blockchain technology.
The major highlight of Quant protocol is its Overledger network that has generated an API (Application Programming Interface). Quant Protocol’s Overledger network bridges the gap between different networks while ensuring a better interoperable application.
If you consider investing in this platform but are obscure about its fundamentals, then you are in the right place. This Quant Price Prediction will help you make the right decision.
Today’s Quant price is $107.77 USD with a 24-hour trading volume of $152,661,186. Quant is up 26.25% in the last 24 hours. The current CoinMarketCap ranking is #40, with a live market cap of $1,301,081,610. It has a circulating supply of 12,072,738 QNT coins and a max. supply of 14,612,493 QNT coins.
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What Is Quant (QNT)?
Quant Protocol was created in 2018 to connect different blockchain networks and make them interoperable. Furthermore, Quant Protocol is the first platform to solve blockchain’s interoperability issues by developing the first operating system.
As stated earlier, its Overledger network – including its distributed ledger technology—helps connect different blockchain networks. Quant Protocol aims to use its Overledger network as a bridge between other blockchains.
Quant Protocol was designed to offer a gateway to all other blockchains to any network worldwide, allowing companies to develop new solutions by incorporating features from multiple blockchain applications.
It is essential to know that Overledger allows developers to create decentralized multi-chain applications (also called MApps) for users. Before developers can create MApps on the network, they must own a certain amount of Quant tokens (QNT tokens).
Who Are the Founders of Quant?
One of the founders of Quant Protocol, Gilbert Verdian, had the idea of the blockchain project while working in the healthcare sector. However, he recognized the essence of interoperability in ensuring patients registering on different platforms are covered. Verdian has more than 20 years of experience upgrading security, technology, and business strategies.
Before Quant Protocol was created, Verdian served as the chief information security officer (CISO) of Vocalink, a MasterCard company. He was also the chief information officer of NSW Ambulance, the CISO of eHealth NSW, and the security lead of the Ministry of Justice, United Kingdom.
Dr. Pablo Tasca is the co-founder of Quant Protocol. He is an entrepreneur and digital economist who specializes in distributed systems.
What Makes Quant Unique?
Since the blockchain and distributed ledger technology, innovators have found use cases in almost every industry. But one problem that continues to exist is the issue of interoperability between these projects. Quant was created to be the missing link between different blockchain solutions.
Quant’s operating system, Overledger, was created to act as a bridge for any blockchain to access any blockchain today. It also connects different applications altogether in the same ecosystem, like Ethereum.
Furthermore, Quant creates a different layer of applications to interact at different levels. The protocol has different layers of transactions, messaging, and an application for sharing and referencing identical messages related to other apps.
New Developments in the Quant Protocol
Quant recently released a new update of its Overledger – Overledger 2.2.8. However, the Overledger 2.2.8 now helps Quant support more blockchain protocols on its network without affecting its efficiency or interoperability. The Overledger 2.2.8 also introduces support for XDC, a new hybrid network designed for enterprise use and updated connectivity with the Ethereum Ropsten test network.
Oracle recently featured Quant Protocol in a round-up of “companies making blockchain easier to use, leading to more applications and helping this transformative technology become more mainstream.”
Quant Price History
Quant was created in 2018 with an initial price of $0.27; traders started investing in it. Quant price soon reached $2.05 in the first week of 2019. By 2020, QNT price reached $3. By 2021, QNT reached an all-time high of $393.54 in September 2021. To put things even more starkly, if you had bought QNT when it was launched, you would have seen the value of your investment shoot up by more than a million percent. Again, if you had bought the coin at the time of its launch and sold it at its peak (all-time high), you would have been a millionaire.
The big boom was short-lived, however. By December 2021, QNT had lost more than half of its value. Since then, the price of QNT has gradually declined. By Jan 2022, QNT had also decreased to $97. Part of the decline is due to the bears, which have taken over the cryptocurrency market since 2022. Until now, the QNT is hovering around $40 to $70.
At the time of writing, QNT is $46.89 with a 24-hour trading volume of $38,777,569. QNT is up by 4.80% in the last 24 hours. The coin’s current CoinMarketCap ranking is #64. Quant also has a market capitalization of $566,037,619. It has a circulating supply of 12,072,738 QNT coins and a maximum supply of 14,612,493 QNT coins.
Quant Technical Analysis
Quant price analysis shows the digital asset has been on a continuous uptrend since the recent market turmoil that caused Quant to decline below $43.72. The market has not been kind to small-cap assets and Quant has been no exception, currently trading at $80.68.The Quant market has been making higher highs and higher lows which indicates that the bulls are in control of the market. However, in the last 24 hours, the market has corrected lower and has shed 5.92 percent of its previous price. The market is expected to continue its upward trend as the bulls look to push the prices higher.
The Relative Strength Index (RSI) on the 4-hour timeframe is in bullish territory and has been for some time now. This indicates that the market is in a healthy uptrend and that there is
The good news is that the MACD histogram is showing some positive momentum and the RSI is not oversold yet. This suggests that the asset could be due for a relief rally in the short term.
In the longer term, however, the outlook is not as optimistic. The weekly chart shows that Quant is still very much in a downtrend and any rallies should be viewed as opportunities to sell.
On the upside, the first level of resistance is at $85. This is followed by resistance at $90 and $95.
On the downside, the first level of support is at $75. This is followed by support at $70 and $65.
The moving average lines are used to generate trade signals. The 50-day moving average line is currently below the 200-day moving average line, which is a bearish signal. However, the two lines are close to each other and a crossover could occur soon, which would be a bullish signal.
Quant Price Prediction By Authority Sites
Quant price predictions by Wallet Investor reveal a bearish spell in the year and the prices might drop to a minimum value of $54.20.Additionally, the website anticipates that the prices will not rise again and prices might not surpass the $100 and $200 levels in the next five years.
Technewsleader’s Quant price prediction shows that the prices might touch the $116.64 levels throughout the year. TechNewsLeader shows a considerable rise in the prices of Quant in the next five years it is likely to hit a high of $357.75.Moreover, these analysis providers believe by 2030 there is a possibility Quant’s trading price will be $2,249.71.
Price Prediction net
According to Price Prediction net, Quant price predictions are quite bullish as the website shows that the prices might touch $89.82 by December 2020. The site further predicts that the prices will hit new highs and it might cross 514.69 by 2025. Based on their Quant historical data and price analysis, the prices are expected to record new all-time highs by the year 2030.
Quant’s price is expected to continue its upward trend in the short term as the bulls look to push the prices higher. In the long term, however, the outlook is not as optimistic as the asset is still very much in a downtrend. A maximum price of $1,871.83 and a minimum price of $1,618.30 are forecasted for 2030.
Quant Price Prediction 2022
A maximum price of $89.82, a minimum price of $76.37, and an average of $79.51 is expected by the end of 2022. Quant price movement over the half of 2022 reveals the digital asset has been on a rollercoaster ride with various ups and downs. Despite the recent market turmoil, Quant has shown some resilience and is currently showing signs of a reversal. The RSI is currently in oversold territory, indicating that the market is due for a relief rally in the short term. However, in the longer term, the outlook is not as optimistic as the asset is still very much in a downtrend.
Quant Price Prediction 2023
In 2023, shows, QNT cryptocurrency is predicted to continue its upward trend as the bulls look to push the prices higher. The prices could touch the $100 handle and it is expected that a minimum price of $107.93 could be reached. An average price forecast of $111.11 and a maximum price of $135.84 is also possible by the end of the year.
Quant Price Prediction 2024
The year 2024 might see some consolidation as the prices are expected to hover above the $150 mark. A minimum price of $157.45 and a maximum price of $184.87 is possible. An average price of $163.01 is also forecasted for the year.
Quant Price Prediction 2025
An average price forecast of $239.16 and a maximum price of $276.25is is also possible by the end of the year. The prices are expected to continue their uptrend in the year 2025 as the bulls look to push the prices higher. The cryptocurrency might touch the $200 handle and it is expected that a minimum price of $232.64 could be reached.
Quant Price Prediction 2026
By 2026, the prices are expected to have reached new all-time highs as the bulls continue to push the prices higher. A minimum price of $335.51 and a maximum price of $403.69 is possible. An average price forecast of $347.47 is also possible.
Quant Price Prediction 2027
Quant price forecast for 2027 expects the cryptocurrency to continue its upward trend as the bulls look to push the prices higher. The prices could touch the $500 handle and it is expected that a minimum price of $497.32 could be reached. An average price forecast of $514.69 and a maximum price of $583.24 is also possible by 2027.
Quant Price Prediction 2028
In the year 2028, the prices are expected to have reached new all-time highs as the bulls continue to push the prices higher. A minimum price of $707.75 and a maximum price of $866.73 is possible . An average price forecast of $733.48 is also possible by the end of the year.
Quant Price Prediction 2029
QNT price prediction 2029 expects the cryptocurrency to continue its upward trend as the bulls look to push the prices higher. The prices could touch the $1000 handle and it is expected that a minimum price of $1,078.54 could be reached.An average price forecast of $1,107.88 and a maximum price of $ 1,226.54 is also possible by 2029.
Quant Price Prediction 2030
Quant forecasted price for 2030 expects the digital asset to have reached new all-time highs a minimum price of $1,618.30 and a maximum price of $1,871.83 is anticipated . An average price forecast of $1,673.69 is also possible for 2030.
Quant Price Prediction 2031
The digital asset is expected to have continued its uptrend in the year 2031. The cryptocurrency might reach an average price of $2,362.23 and it is expected that a minimum price of $22,295.28 could be reached by the end of 2031.QNT has the potential to reach a maximum price of $2,820.20.
Quant Price Prediction by Industry Experts
Quant’s CPO said that “interoperability is critical to scaling in the right way. Now everybody has got their priority stack and system with nothing in common. We will need ways for all these things to work and talk to each other.”
Interoperability has been a big issue in blockchain technology, and Quant is entirely on the right part to solving such problems. Because Quant is at the forefront of solving such situations, so we might see more future adoption, which will positively affect its price.
Quant is a good investment option with a bright future ahead of it. We might see the coin reach new heights with lots of new projects within its ecosystem and how favorable the crypto market is.
It is essential to note that cryptocurrencies are highly volatile. We advise you to do your own research before investing in cryptocurrencies, including Quant (QNT).
In 2022, Quant is on track for a bright future. We may see QNT reach new heights as the QNT ecosystem continues to grow and as the crypto market evolves. Quant’s price will continue to rise as more people learn about the project and become involved in the community. As adoption increases, so will the price of QNT.
According to past price history, it is a profitable investment to buy Quant in 2022. Investors are advised to HODL their position as the long-term investment would result in significant ROI. Buyers can accumulate at current levels and on every dip. However, Investors are requested to do their own research before investing as the cryptocurrency market is highly volatile in nature.
A maximum price of $89.82, a minimum price of $76.37, and an average of $79.51 is expected by the end of 2022 but this is not investment advice. Please do your own due diligence.