This article was last updated on October 17, 2022
With the current state of the crypto market, many investors are looking to sell their assets in panic. On the other hand, we have experienced investors who believe in crypto and see this opportunity as a discount. These same investors are also looking into Quant price predictions because QNT is one of the up-and-coming networks and cryptocurrencies on the market.
This is exactly what we will be covering in this article, including more information about the Quant network. If you are new to the crypto space, we highly suggest checking out our dedicated article for crypto beginners. Once you read it, you will have a great foundation and an easier time navigating through the crypt space.
Over the past week, the price of Quant (QNT) remained around $210.31. The circulation supply is 12.07 million tokens. The market cap went up to $2.53 billion.
Table of contents
What is Quant (QNT)?
Quant is a crypto project that is quickly gaining momentum in terms of popularity within the community. It is a network that is on a mission to connect blockchains and networks. You can look at it as the younger sibling of networks such as Polkadot and Polygon, although it has completely different features.
By connecting these blockchains and networks, Quant is looking to increase efficiency through the interoperability between these networks.
In order to achieve this, Quant has developed the world’s first, one-of-a-kind blockchain operating system.
Originally, Quant uses the Overledger Network technology, which is an operating-system distributed-ledger. This allows Quant to work towards its goals of connecting different blockchain networks. You will find Quant billed as the first OS for blockchains.
Additionally, through Overledger Network, Quant will be able to connect networks that already exist, meaning it is not unique for new blockchain projects.
With the Overledger Network, Quant is looking to have it become the first ecosystem to connect all blockchains on a global scale.
Developers, in particular, have high hopes and deep interest in Quant, mainly because of their multi-chain applications support. These multi-chain applications (mApps), as you can probably guess, will be eligible for use by different networks.
However, the catch here is that developers must own a certain amount of QNT before they can build mApps.
Can Quant (QNT) Reach $500?
Quant is a project that comes with a lot of utility. This is what many investors love about it. Owners are optimistic about the development of the network, once the market stabilizes. That’s why so many believe the price will not only reach $500 but go beyond and reach its past glory.
However, let’s think about it for a moment. The current price of Quant is around $60, which is far away from its previous all-time high of $393.54. This means it will need an 8.5x increase in order to reach a price evaluation of $500. With a current market cap of $700 billion, this will result in a new market cap of more than $5.9 billion.
This is perfectly doable once the market stabilizes and crypto sees more adoption. If that happens, it will place it in the top 20 cryptocurrencies by market cap, which if we are honest, will probably happen, but not too soon.
This is why we believe Quant will reach $500 in the future. If that happens, it will be more towards the end of the decade, once the crypto market expands.
First, we need to see market stabilization. This will happen after the military conflicts in Europe get resolved. Until then, the market will proceed to be chaotic and bearish.
So when is Quant going to reach $500? It will take at least 5 more years, or even 6 if we are being conservative.
Quant (QNT) Price Prediction For 2022 – 2030
Quant’s future price is difficult to predict, as it is reliant on a number of factors, including the performance of the Quant network, global economic conditions, and the price of other cryptocurrencies. However, if Quant continues to grow as a network at its current rate, it is possible that the price evaluation for QNT could easily start climbing back to the $100 mark by the end of 2022.
This would represent a significant increase from its current price of around $60, but would still be way below its all-time high of $393.54, reached in May 2021. While Quant’s future price is impossible to predict with certainty, we are eager to share with you our analytical forecast.
Keep in mind that these are mainly speculations, although supported by facts and other somewhat solid factors. With that being said, let’s head on to the interesting part.
2022
Some of the financial industry’s top names have lent their weight to Quant’s price prognosis. The number of collaborations and events with the cryptocurrency sector demonstrates that many people are confident in cryptocurrency.
According to that and to Quant’s performance over the past year, it may achieve a tremendous boost by year’s end, unlike other significant coins like Bitcoin and ETH, and break through the $200 mark yet again, which will get it closer to its previous heights.
Of course, there’s the scenario that we experience further world conflicts that can affect the crypto market. In that case, we can expect QNT to drop in price. No one can say for sure how low it may go, but we can easily see it dropping to around $25-$27.
2023
Many analysts have made Quant price predictions for 2023, and the general consensus is that the price of Quant will continue to rise. This is based on a number of factors, including the increasing use of Quant’s technology, the growing popularity of crypto, and the overall positive outlook for the global economy.
While it is impossible to say exactly what the price of Quant will be in 2023, most experts agree that it has the potential to reach new heights.
More realistically, we can expect the price of Quant to reach $242-$251 by the end of 2023.
2024
If the growth for Quant continues, we can easily see it getting massive adoption. Our Quant price prediction for 2024 is as conservative as possible, in order to not misguide you.
We believe that by the end of 2024, the price of Quant will reach at least $182. If we let ourselves be a bit more speculative, we’d raise it to $290, bringing it closer and closer to its previous peak.
2025
According to many Quant enthusiasts and their price predictions, QNT prices may rise draQNTally in the trading range between $319 and $328.
However, the most realistic expectation is for a midpoint of these price levels. With widespread adoption, QNT price prediction as a cheap and convenient digital asset might become a reality.
For this scenario, we must also consider that the Quant network can significantly expand and develop. In that case, prices may even go as high as $350, very close to its previous ATH, but that is quite ambitious.
As for a worse scenario, there are many things we cannot predict. Such is any global military, environmental, pandemic, financial, and other similar issues.
But let’s explore what we have at hand. If a Quant competitor arises, things can definitely go south for Quant. Another thing that can happen is if there’s any change in the network’s operation. This can include a change of CEO, developers, other team members, etc. If that happens, we can see the price of Quant dropping by 50-70%, meaning it will go for about $125-$132.
2026
Keeping our conservative approach, we won’t try to make ridiculous price predictions for Quant. Although many believe that by 2026 the price of QNT will be at least $340, and come very close to its previous ATH, we’d give a different value.
2026 is actually not too far away, but in terms of crypto, it is. We believe that Quant will be evaluated at anywhere between $350 and $380.
2027
As the years go by and Quant continues its expansion and proves its utility we can easily see it going for as much as $320. However, if we are being more realistic, the price might remain moving sideways, as that is a hefty growth.
By that, we mean that QNT will be evaluated at around $410 – $440. We think the lower spectrum of our price prediction will be more accurate than the higher. Yet, as we all know, the crypto market is quite unpredictable, so we will have to wait and see.
2028
In 2028, if Quant comes out with new projects and experiences further adoption, we can see it potentially going out from the 380s and reaching a price of $492 – $505, surpassing the previous ATH. However, this is mostly optimistic.
On the lower end, we can see QNT being worth around $157, while on average remaining at around $485.
2029
For the last year of the decade, we believe that cryptocurrencies will have settled in for the most part. By that, we mean that tokens will be nothing out of the ordinary anymore. Not only crypto but all sorts of crypto projects too – NFTs, dApps, etc.
As such, we think Quant will be moving at around $545 to $558 easily, although we can also see it reaching the $550 mark.
2030
Crypto price predictions are always difficult, as the cryptocurrency market is highly volatile. Even more so when we are talking about 8 years into the future.
Some experts have forecast that Quant’s price could reach up to $610 by 2030. This would be a significant increase from its current price. However, it is important to remember that Quant is growing, and so is its adoption rate, utility, and potential.
In addition, the current global economic situation could also lead to an increase in the price of Quant, as more investors look to cryptocurrencies as a safe haven for their money. Only time will tell whether this price forecast comes true, but Quant certainly seems to have a bright future ahead.
That is unless we see global frames in which cryptocurrencies have to operate in the future. What we mean here is that countries could start incorporating restrictions. There already are some countries like Qatar, China, Turkey, etc.
If that happens, we can see many of the tokens we all love and know drop down by a lot. This might even mean the end of cryptocurrencies as we know them.
For Quant, if that happens, we can easily make a price forecast that QNT can drop in value by 90%. To be more specific, this might mean a price evaluation of less than $40. On a brighter note, this is highly unlikely, even though not impossible.
Our Opinion On Quant (QNT) Price Predictions
Given the Quant price today, we can make lots of speculations. However, when doing a price prediction or looking at one, you must stay completely aware that most of the time it is completely off.
Although we kept a sQuantg conservative approach with our average forecast price, you should still take this prognosis with a grain of salt.
Quant is certainly a great project with huge potential, which makes us believe that it will survive throughout the years.
Overall, although we believe Quant will certainly be bullish and we believe in our speculations, we can never be certain.
How To Buy Quant
Thanks to the token’s massive success and popularity, Quant is listed on most major crypto exchanges and online trading platforms. Investing in crypto is not too complex, and you won’t have to go through a lot of unnecessary steps. Below we have provided an in-depth outline of the general steps you will need to take to invest in Quant.
Choose A Crypto Exchange Platform
The first thing you will need to do is choose a crypto exchange platform that carries Quant. Luckily, the token is quite popular and is present on most major platforms like eToro, Binance, Coinbase, Bitstamp, and Kraken.
Create An Account
After you have chosen your trading platform, you will need to create an account if you don’t already have one. This process is usually pretty straightforward and usually takes only a couple of minutes. However, you will need to provide personal information such as full name, date of birth, email address, etc.
Verify Your Account
Once you have set up your account, you will also need to verify your identity. This process is a bit lengthier and requires some additional information. Generally, the platform will require that you provide copies of your photo ID, proof of address, and other documents. This is in accordance with Know Your Customer (KYC) laws which aim to prevent fraud.
Deposit Fiat Currency
Next, you will need to deposit funds into your account. You will use these to purchase QNT coins. The amount you can deposit will depend on the crypto exchange platform you are using and the number of coins you wish to purchase. Each platform will support different payment methods and have varying minimum requirements.
Buy QNT
Once you have supplied your account with sufficient funds, you can purchase your QNT coins. Head over to the markets or crypto exchange section of your platform and search for the QNT symbol. Once you have found Quant, place an order for as many tokens as you would like to buy. Alternatively, you can input how much fiat currency you would like to spend, and the system will show you how many tokens that translates to.
(Optional) Move Your Quant Tokens To An External Wallet
Once you have purchased your Quant, you have the option to move it to an external third-party wallet. While you can easily store your cryptos in your exchange profile, a dedicated wallet is much more secure. Most platforms allow you to easily transfer your cryptos by linking a dedicated wallet to your exchange account. Alternatively, you can do it manually by transferring them to your wallet’s public address.
Conclusion
Taking all of the above into consideration, it would appear that QNT is a very promising investment. The price predictions for QNT are exceptionally positive, and the coin does have a lot of potential.
Of course, as with any investment, there is no guarantee that QNT will reach the predicted price points. However, if you are looking to invest in cryptocurrency, QNT is definitely worth considering.
There aren’t too many unique projects that have been coming out these days. Most are looking to give solutions to problems that do not exist. Others are looking to create problems in order to give solutions to irrelevant sectors of the crypto market.
That is definitely not the case with Quant. The network will definitely keep growing and expanding its adoption. Even if the general public does not take better notice of Quant anytime soon, huge companies are already working hand in hand with Quant to better their operations.
We will keep an eye on the development of Quant and how it performs. Its potential in tandem with our price predictions makes us keen to see what lies in the future for Quant.
Related: “Nexo Price Prediction”
