{"id":284951,"date":"2021-06-27T03:00:00","date_gmt":"2021-06-27T00:00:00","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/3-reasons-why-quant-qnt-price-rallied-125-this-week\/"},"modified":"2021-06-27T03:00:00","modified_gmt":"2021-06-27T00:00:00","slug":"3-reasons-why-quant-qnt-price-rallied-125-this-week","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/3-reasons-why-quant-qnt-price-rallied-125-this-week\/","title":{"rendered":"# 3 reasons why Quant (QNT) price rallied 125% this week"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_85 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a360d5f7f0d9\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a360d5f7f0d9\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/3-reasons-why-quant-qnt-price-rallied-125-this-week\/#Coinbase_bump_in_full_effect\" >Coinbase bump in full effect<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/buradabiliyorum.com\/en\/3-reasons-why-quant-qnt-price-rallied-125-this-week\/#Protocol_upgrades_attract_attention\" >Protocol upgrades attract attention<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/buradabiliyorum.com\/en\/3-reasons-why-quant-qnt-price-rallied-125-this-week\/#VORTECS%E2%84%A2_data_turned_bullish_ahead_of_Quants_most_recent_rally\" >VORTECS\u2122 data turned bullish ahead of Quant&#8217;s most recent rally<\/a><\/li><\/ul><\/nav><\/div>\n<p>&#8220;<strong># 3 reasons why Quant (QNT) price rallied 125% this week <\/strong>&#8221;<\/p>\n<div class=\"post-content\" data-v-128018ef>Real-world use cases and delivered value are important when evaluating the long-term prospects of a cryptocurrency project, and this is especially true in down markets when sentiment is low and the possibility of an extended bear market is a reality.\u00a0<\/p>\n<p>One project that has been gaining momentum over the past month despite the market-wide downturn is Quant (QNT), an interoperability-focused project designed to help enterprises integrate and operate distributed ledger <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/technology\/\" data-internallinksmanager029f6b8e52c=\"4\" title=\"Technology\" target=\"_blank\" rel=\"noopener\">technology<\/a> (DLT). <\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2021-06\/9df2874d-2c51-4b76-9aed-8f689b86bf5d.png\"><figcaption style=\"text-align: center;\"><em>QNT\/USDT 4-hour chart. Source: <\/em><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.tradingview.com\/symbols\/QNTUSDT\/\"><em>TradingView<\/em><\/a><\/figcaption><\/figure>\n<p>Data from Cointelegraph Markets Pro and <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.tradingview.com\/\">TradingView<\/a> shows that following a brief dip to $44 on June 22 as the entire crypto market faced a sell-off, the price of QNT surged more than 125% to establish a new record high at $99.11 on June 25.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Coinbase_bump_in_full_effect\"><\/span>Coinbase bump in full effect<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The rapid turnaround in the price for QNT following the pullback was due in large part to its listing on Coinbase Pro, which began accepting deposits on June 23. <\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Inbound transfers for BOND, LPT &amp; QNT are now available in the regions where trading is supported. Traders cannot place orders and no orders will be filled. Trading will begin on or after 9AM PT on Wed 6\/24, if liquidity conditions are met. <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/ozmX17nhsz\">https:\/\/t.co\/ozmX17nhsz<\/a><\/p>\n<p>\u2014 Coinbase Pro (@CoinbasePro) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/CoinbasePro\/status\/1407790107852148747?ref_src=twsrc%5Etfw\">June 23, 2021<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Price action for QNT began to pick up on June 24 as trading via limit orders opened up on Coinbase Pro, and its addition to the front-side of <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/coinbase\/status\/1408191984993452043\">Coinbase<\/a> which includes the Andriod and iOS <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>s on June 25 saw another boost in trading volume and token price. <\/p>\n<p>As a result of the momentum brought by the new listing, the average 24-hour trading volume for QNT soared on June 25.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Protocol_upgrades_attract_attention\"><\/span>Protocol upgrades attract attention<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Prior to the Coinbase listing and market sell-off, QNT price began to gain traction around June 14 following the release of a mid-year <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/quant_network\/status\/1404469905441820672\">technology update<\/a>\u00a0called Overledger 2.0. This is the project\u2019s hallmark \u201cDLT gateway that delivers interoperability across different systems, networks and DLTs,\u201d according to the project\u2019s website. <\/p>\n<p>Excitement for the update had been building since early June as evidenced by the recognition Quant has received from several reputable sources including cloud infrastructure provider <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/quant_network\/status\/1402310976112844805\">Oracle<\/a> and the professional services network <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/DeloitteIreland\/status\/1397505756036059136\">Deloitte<\/a>, which included the project in its <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/quant_network\/status\/1397516304890929154\">nominations<\/a> for the Most Disruptive Fintech Award for 2021. <\/p>\n<h2><span class=\"ez-toc-section\" id=\"VORTECS%E2%84%A2_data_turned_bullish_ahead_of_Quants_most_recent_rally\"><\/span>VORTECS\u2122 data turned bullish ahead of Quant&#8217;s most recent rally<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>VORTECS\u2122 data from Cointelegraph Markets Pro began to detect a bullish outlook for QNT on June 22, prior to the recent price rise. <\/p>\n<p>The VORTECS\u2122 Score, exclusive to Cointelegraph, is an algorithmic comparison of historic and current market conditions derived from a combination of data points including market sentiment, trading volume, recent price movements and <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">Twitter<\/a> activity.<\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2021-06\/a37c4f7c-9558-4d28-b59f-980100554a17.png\"><figcaption style=\"text-align: center;\"><em>VORTECS\u2122 Score (green) vs. QNT price. Source: <\/em><em>Cointelegraph Markets Pro<\/em><\/figcaption><\/figure>\n<p>As seen in the chart above, the VORTECS\u2122 Score for Quant actually reached a high score of 71 on June 22 as the market was selling off and was subsequently followed by a 125% rally in price over the next three days. <\/p>\n<p>The <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a>Quake\u2122 service from Cointelegraph Markets Pro also highlighted the Coinbase listing announcement on June 24, which was followed by a 50% increase in the price of QNT over the next two days. <\/p>\n<p class=\"post-content__disclaimer\">The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision.\n<\/p>\n<p><template data-name=\"subscription_form\" data-type=\"markets_outlook\"><\/template><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more News articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/3-reasons-why-quant-qnt-price-rallied-125-this-week\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;# 3 reasons why Quant (QNT) price rallied 125% this week &#8221; Real-world use cases and delivered value are important when evaluating the long-term prospects of a cryptocurrency project, and this is especially true in down markets when sentiment is low and the possibility of an extended bear market is a reality.\u00a0 One project that&#8230;<\/p>\n","protected":false},"author":1,"featured_media":284952,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/images\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMDYvOTE1OGQ2NzUtYWJhMi00OTRmLWEwNTMtOGExMTYxOWE5MjM2LmpwZw==.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74867,88119,74863,75554,75885,110482,73785,4965],"class_list":["post-284951","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-altcoin","tag-altcoin-watch","tag-cryptocurrencies","tag-dlt","tag-enterprise","tag-quant-network","tag-markets","tag-technology"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/284951","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=284951"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/284951\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/284952"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=284951"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=284951"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=284951"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}