Quant Price Prediction 2023-2031: Is QNT a Good Investment?

Quant Price Prediction 2023-2031

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.

Buy physical gold and silver online

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 $110.56 with a 24-hour trading volume of $30,654,243. Quant is down 8.10% in the last 24 hours. The current CoinMarketCap ranking is #30, with a live market cap of $1,334,726,280 USD. It has a circulating supply of 12,072,738 QNT coins and a max. supply of 14,612,493 QNT coins.

Read also:

What Is Quant (QNT)?

Quant Price Prediction 2023-2031: Is QNT a Good Investment? 1

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?

th 1
Gilbert Verdian

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 Price Prediction 2023-2031: Is QNT a Good Investment? 2

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 has been trading in a horizontal range for the past few weeks, with prices oscillating between the $120.60 and $127.13 levels. In this range-bound market, technical analysis can be used to help identify potential support and resistance levels. The recent price action suggests that the $120.60 level is providing some support for Quant, while the $127.13 level is acting as a resistance point.

Quant Price Prediction 2023-2031: Is QNT a Good Investment? 3

The weekly chart shows that Quant’s 50-day moving average (MA) is below the 200-day MA, suggesting that the market trend is bearish. Additionally, the Relative Strength Index (RSI) is currently at 33.06, which indicates that Quant has room to move higher before reaching overbought levels.

The Bollinger bands are seen to be wide, indicating that the market is volatile and investors could see increased volatility in the near future. Given these factors, Quant may continue to trade within its current range in the short term but could break out of it if it manages to close above the $127.13 resistance level.

Looking ahead, if Quant can break above the $127.13 resistance level, it could be on its way to testing the previous highs near $138.00. On the other hand, a break below the $120.60 support level could signal further downside pressure and push Quant toward new lows.

Quant Price Predictions by Cryptopolitan

The cryptocurrency market has been highly volatile in 2022 after experiencing two bear markets in a year. As investors look to capitalize on these volatile markets, Quant has emerged as an attractive investment opportunity due to its unique features and potential for long-term growth. Despite the recent market turmoil, Quant has shown some resilience and is currently showing signs of a reversal.

Quant Price Prediction 2023-2031: Is QNT a Good Investment? 4
Quant Price Prediction 2023-2031: Is QNT a Good Investment? 5

At the time of writing, Quant is trading around the $123.50 resistance level and looks to be headed toward the $127.13 resistance level. If Quant manages to break above this level, it could be on its way to testing the previous highs near $138.00. Heading to 2023, a bullish outlook is expected as Quant is seen to benefit from the ongoing institutionalization of the cryptocurrency market and its potential for long-term growth.

Quant Price Prediction 2023

According to our QNT price prediction for 2023, a maximum price forecast of $218.49 and an average price of $188.96 is expected. Quant is also expected to trade at a minimum price of $182.52.

Quant Price Prediction 2024

Our Quant price prediction for 2024 suggests an average price of $277.24 and a maximum price of $321.19 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 $269.68 could be reached.

Quant Price Prediction 2025

Our Quant coin price prediction for 2025 suggests an average price of $418.75 and a maximum price of $476.75 by the end of the year. A minimum price of $407.66 is expected by the end of 2025.

Quant Price Prediction 2026

The Quant forecast for 2026 expects the cryptocurrency to continue its upward trend as the bulls look to push the prices higher. The prices could touch the $700 handle and it is expected that a maximum price of $711.12 could be reached. An average price forecast of $614.30 and a minimum price of $593.37 is also possible by 2026.

Quant Price Prediction 2027

According to our Quant QNT price prediction for 2027, a maximum price forecast of$1,063.73 and an average price of $884.02 is expected by the end of the year. Quant cryptocurrency is also expected to reach a minimum price of $853.31.

Quant Price Prediction 2028

QNT price prediction 2028 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 to reach a maximum price of $1,490.38 could be reached. An average price forecast of $1,272.04 and a minimum price of $ $1,227.84 is also possible by 2028.

Quant Price Prediction 2029

Our Quant price forecast for 2029 suggests an average price of $1,868.61 and a maximum price of $2,137.56 by the end of the year. A minimum price of $1,858.10 and an average forecast price of $1,921.70 is expected by the end of 2029 as the bull rally continues.

Quant Price Prediction 2030

Quant forecast price for 2030 expects the digital asset to reach new highs with a minimum price of$2,715.43 and a maximum price of $3,264.95 is anticipated. An average price forecast of $2,792.30 is also possible for 2030.

Quant Price Prediction 2031

The Quant QNT price prediction for 2031 suggests a maximum price of $4,701.24 and an average price of $4,217.57 as the cryptocurrency continues its upward trend. A minimum price of $4,105.88 is expected by the end of 2031 as the bull rally continues to drive the prices higher.

Quant Crypto Price Predictions by Digital Coin Price

DigitalCoinPrice suggests that QNT might be worth around $313.42 by December 2023. The site forecasts a general year-on-year uptrend, increasing to an average of $410.99 in 2024 and $556.59 in 2025. The website’s Quant price prediction for 2028 stands at $897.73 forecasting more uptrends and reaching an average of $2,360.88 in 2031.

QNT Price Predictions by Technewsleader

TechnewsLeader had one of the most positive outlooks for the project. The site’s QNT price forecast for 2023 gave a maximum price of $369.82. However, it expected prices to have surged past $1,000 a token in the second half of this decade. Its Quant price prediction for 2030 is $4,896.66.

QNT Price Predictions by Price Prediction net

Price Prediction net has a bullish outlook on Quant’s future prices. Its Quant token price prediction for 2023 stands at $218.49, predicting an average of $188.96 in 2024 and a maximum of $476.75 in 2025. By 2028, the site predicts that the digital asset will be priced at an average of $1,272.04 and a maximum of $3,264.95 by December 2031.

Conclusion

Quant is among the top digital assets with a strong potential for growth in the future. With Quant making headlines recently as one of the fastest-growing cryptocurrency projects, the forecast for its prices looks promising. According to different price predictions, Quant is expected to reach new highs in the long run.

Quant seems like a promising initiative based on a number of factors, including its market capitalization, analysts’ price projections, and the variety and scope of its products. But it’s important to remember that the coin’s current value is dependent on conjecture. It is yet unclear if organizations or enterprises genuinely need or want to integrate blockchain technology with older systems, or even if doing so is even feasible.

Quant has been making developments in the blockchain and enterprise sphere as the team recently Quant unveiled its own non-fungible token (NFT) standard. The QRC-721 standard was developed with a corporate focus and with interoperability in mind.

After that, the network updated its Overledger software, which enhanced QRC-721 token functionality and Ethereum transactions.

Then, on October 8, 2022, Quant reiterated its position in support of central bank digital assets. Investors should be encouraged by this news since QNT may benefit if Quant’s infrastructure is used to create these cryptocurrencies.

A significant milestone was recently attained by Quant when it passed 90,000 active wallets. In just one week in November, 13,000 new wallets were added, giving the network a boost. This reflects an increase in blockchain activity.

With such developments, Quant is positioned to become a leader in the crypto market. However, investors should be sure to do their own research and consult with experts before making any investment decisions.

About the author

Why invest in physical gold and silver?
文 » A