Cryptocurrency Price Prediction

Quant Price Prediction 2022: Will QNT Price Surge To $500?

Written by: Elena R

Written by right arrow

Elena R

Elena is an expert in technical analysis and risk management in cryptocurrency market. She has 10+year experience in writing - accordingly she is avid journalists with a passion towards researching new insights coming into crypto erena.

  • author twitter

Apr 19, 2022

news-image

As numerous cryptocurrency projects have been evolving each passing day. It has become essential for space to ensure a secure and efficient blockchain network. The Quant protocol intends to mark its stance, by resolving the technical glitches related to the interoperability of blockchains. 

The grit of the Quant platform lies in its Overledger network that has generated an API (Application Programming Interface). This further bridges the gap between distinct network types while facilitating quick, safe, and interoperable application development for enterprises. 

Amazed by the short introduction of the platform? Are you interested in investing in this futuristic protocol, but obscure its fundamentals and QNT’s price volatility? Then you are at the right place, this writeup will thoroughly guide you on the asset’s introduction, and fundamentals. And the probable price prediction for short-term as well as long-term. 

Overview

Cryptocurrency.Quant
Token.QNT
Price.$207.17
Market Cap.$2,501,147,486
Trading Volume.$63,101,725
Circulating Supply.12,072,738.00 QNT
All-time high.$428.38 on September 10th, 2021.
All-time low.$0.5833 On September 15th, 2018. 

Quant (QNT) Price Prediction For 2022 

Potential LowAverage PricePotential High
$293.9$376.7$447.9

Quant’s price had made its way to the year 2022, with a starting price of $174.8. The persistent downtrend further pushed the price to its quarterly bottoms of $88.1, which was seen on the 27th of January. Recovering from the recorded pullback the price regained its hold at $154.7, by the 7th of February. 

However, fears of the U.S FED’s tapering of interest rates, and the tussle between Russia and Ukraine led to another downswing. Wherefore, the QNT price was seen finding support at $112.3. After a touchdown to the support, the price escalated to close the quarter at $147.7.

Quant’s (QNT) Price Prediction For Q2

The price of QNT has initiated another downtrend, since the start of April. And is presently hovering close to its support levels at $111.8. Gathering volumes from the levels could push the price to $127.9. Surpassing the barriers at $154.3 would help close the quarter at $17.71

On the flip side, a continuity in bearish trends could drag the price down to $89.3. That said, a balance in buying and selling pressures could settle the price of QNT at $136.9

QNT Forecast For Q3 

  Developments across DLTs (Distributed Ledger Technology), and community building initiatives, could help QNT price clinch its potential high of $278.1. While a reversal in trends could bring the price down to $187.7. That said, a linear change in prices could settle the price at $211.8

QNT Prediction For Q4

  Initiatives bearing the desired results and a spike in social volumes coming from the growing user base. Could push the price to a new ATH at $447.9. Conversely, negative criticism and the network failing to adhere to its expectations would land the price at $293.9. Factoring in the bullish and bearish targets the average price could settle at $376.7.

Quant’s Price Forecast For 2023

 If the Quant network is more into the development of blockchain interactions and builds layers for applications to communicate at different levels. Then it would rise up to $729.2. On the contrary, the failure in the execution of any of the upgrades would plummet the price to $428.8

Price Prediction For The Next 5 Years

Different revolutions across the space would be transient, while blockchain is here to stay. Hence with significant upgrades in its interoperability, the QNT price would rise the tide up to $1197.0. However, if any regulatory compliance hits the space, then the price would plummet to a minimum of $790.1. With average buying and selling pressures, the token would end up trading at $972.6, by the next five years. 

YearPotential LowPotential High
2023$428.8$729.2
Next 5 Years$790.1$1197.0

What Does The Market Say?

Wallet Investor:

According to the Wallet Investor, if the Quant network rules the Metaspace it may easily hit a maximum of  $279.009. The firm expects the minimum and average price to land at $173.975, and $226.904, by the end of 2022. That said, the analysts from the company expect QNT price to hit a maximum of $736.188, by the end of 2025.

Gov.Capital:

Gov. capital has revised its prediction for the QNT price. It expects the tokens to hit a maximum of $269.603, by the end of 2022. On the contrary, the firm believes, that trend reversals in the market would plummet the price to $199.272. And with average buy and sell pressures it would end up trading at $234.438.

The website has also made a whopping prediction for the long term. It expects the price to surge to a maximum of $1202.096, by the end of 2025. The average and minimum probabilities are anticipated at $1045.301 and $888.505 respectively.

Digital Coin Price:

Digital Coin Price has revised its price prediction for QNT. According to the company, the price will reach $160.59 by 2022. And rally further to cross $176.76 by the end of 2023. By the end of 2025, the price may hit its potential high of $242.94.

Click here to read our price prediction of Near Protocol (NEAR)!

What is Quant (QNT) Protocol? 

Quant aims to connect distributed ledgers spread all across the world for secure, quick, and more efficient growth. Trends might change along with time, but Blockchain is here to stay. However, recent days have seen exceptional developments in DLTs.  Resulting in a significant shift in the way enterprises and individuals exchange assets and information more quickly, easily, and cost-effectively.

The platform has its own native token called a QNT. However, the developers must hold the minimum token balance in order to build mDapps on the network. Traders would make use of these tokens to pay the platform fees, Developer fees, user fees,  license fees, and while purchasing mDapps, etc.

Fundamental Analysis

The Quant token was introduced in June 2018 by Gilbert Verdian and Dr Paolo Tasca. The co-founder Gilbert Verdian realized the significance of interoperability in storing acute details of patients registered on different networks.  In addition, the founder has accumulated great knowledge while bringing advancements in technology, security, and strategies to different industries around the globe.

The co-founder further gained experience in reputed Mastercard company Vocalink as the chief information security officer (CISO). Another co-founder, Dr Paolo Tasca, had previously gained experience as an entrepreneur. He has accumulated intense knowledge of Blockchain technologies, while he was working as the special advisor for the EU parliament.

He had also worked as a co-writer for numerous books on fintech. Moreover, the dedicated team has been working on bringing rapid advancement to read and manage transactions across multiple ledgers.

Our QNT Price Prediction

The QNT price would continue to claim newer highs followed by the upgrades to its Distributed Ledger Technologies (DLTs). According to Coinpedia’s formulated Quant price prediction, if the network strives to bring rapid advancements in interoperabilities. It would acclaim the price above $440, by the end of 2022. 

If the network fails to execute its plan, then the price can fall into a bearish trap and dip to $300. Considering routine trade pressures and keeping the above factors in mind the average price by the end of 2022 would be $375.

Historic Market Sentiments:

2019 and 2020:

The QNT price struggled to find the phase during the initial days of its launch. The price has traversed within a tight consolidation area between $2 and $3 throughout 2019.  However, in late 2020 the asset had displayed a sort of positive volatility rising up to $10 by the end of 2020. 

2021: 

The protocol has seen substantial growth in 2021 following its prolonged bearish rule of two years from 2019 and 2020. The Quant price has made most of the profits during the alt season in early 2021. The protocol surged more than 400% from $10 to reach $50 in May. Chinese market turmoil slightly hindered the QNT price action on May 19th. Plummeting the price to $31 in the next couple of days. 

However, with instant correction, the QNT price soared more than 5x from $60 to $418 on September 10th. Although the price quickly recovered from the May market crisis, the Chinese crypto ban in September lashed the price action. 

Quant had fallen into a bearish trap dropping from $400 to $220 followed by the crisis. While the price strived to escape from the downtrend move. It woefully failed every time to break a higher resistance mark. However, the bulls have managed to capitulate between $170 to $190 till the years’ end.

To read our price prediction of Theta (THETA) click here!

FAQ

Q: Is Quant (QNT) a good investment? 

A: Based on the efficacy of the network, and developments around DLTs. QNT can be a profitable investment in the long term. 

Q: Where Can I trade QNT? 

A: QNT is available for trade across leading cryptocurrency exchange platforms such as Binance, Huobi Global, FTX, KuCoin, etc…

Q: Will Quant’s QNT price hit $500 by the end of 2022?

A: Quant’s QNT price could hit a potential high of $447.9, by the end of 2022.

Q: How high can QNT price rise by the end of the next five years?

A: The price of the crypto coin could hit a maximum of $1197, by the end of the next five years.

Q: What are mDapps?

A: mDapps are multi-DLT versions of dApps, these help expand the scope of dApps beyond interaction with a single-ledger. Enabling users to benefit from the use of multiple ledgers. 

Show More

Was this writing helpful?

dislikeimage No myImage Yes

Elena R

Elena is an expert in technical analysis and risk management in cryptocurrency market. She has 10+year experience in writing - accordingly she is avid journalists with a passion towards researching new insights coming into crypto erena.

Related Articles

Back to top button