• Quant (QNT) is the native crypto token of the Quant Network, launched as an ERC-20 token in 2018.
• Quant Network is a distributed ledger technology (DLT) operating system that connects different private blockchains to public blockchains such as Ethereum, Polkadot and Polygon.
• According to our analysis, the Quant price prediction for 2023 is between $153.3 and $211.7, with a possibility of reaching up to $250 soon.
Overview of Quant (QNT)
Quant (QNT) is the native crypto token of the Quant Network. QNT was launched as an ERC-20 token in 2018. The Quant Network is an Ethereum-based distributed ledger technology (DLT) operating system (OS). It confers universal interoperability via its Overledger Network and multi-chain smart contracts. With Overledger Network acting as a blockchain-based API gateway, it facilitates the creation and execution of decentralized multi-chain apps (mDApps). The technology went live on Quant Network in September 2021. Furthermore, it connects different private blockchains to public blockchains such as Ethereum, Polkadot, and Polygon for security purposes and increased interoperability between several blockchains.
Current Market Status
The current price of QNT stands at $124.90 with 24 – hour trading volume at $25,410,361 while experiencing an increase of 3% within 24 hours from time of writing this article/posting.. The circulating supply stands at 14,544,190 tokens while its all – time high value recorded was on 11th September 2021 at around $427.42 per unit.
Uses Of QNT
Quant (QNT) has various primary use cases which include; acting as payment fee to access services on the platform; license fees by the network’s treasury system to credit its gateway operators; among others applications related to financial services or data sharing solutions involving multiple parties etc .
Price Prediction For 2023
In our analysis we observe that according to statistics , price patterns , RSI , RVOL and other information about QNT ,the bullish price prediction for 2023 could range between $153 .3 -$211 .7 with a possibility that it might reach $250 soon . However there are bearish predictions ranging between 79 .4$ too taking into consideration factors like market volatility & others .
Conclusion
In conclusion , based on our analysis & research performed regarding QNT’s current market status , uses & price predictions for 2023 we can predict that there exists decent potential for growth & success with respect to investing in QNT cryptocurrency tokens !