Quant (QNT) is currently on the rise by more than 100% in less than 30 days, but that is old news. The cryptocurrency gained enormous attention for being one of the few tokens in the top 100 cryptocurrencies by market cap to see an overall gain of “net worth”. Traders who found out about this event were quick to go all-in early and then sell once the price went over $200—which many saw as the psychological threshold of Quant (QNT). However, there’s something that might shock investors who’ve hopped on late, in hopes that Quant’s (QNT) price evaluation would keep on reaching for the moon.
Usually, whenever such an event occurs, where a cryptocurrency such as Quant (QNT) skyrockets by 100%, a hard dip of 20%-30% follows right after, as we’ve seen happen many times before. Especially when talking about one of the top 100 cryptocurrencies by market cap. In fact, Quant (QNT) broke into the top 30 with its current price evaluation and market cap.
This might have some investors worried and have them short the token before realizing its full potential. Yet, according to the full-time trader and CEO of Eight, Michaël van de Poppe, if you are in Quant (QNT) to HODL, you might want to remain patient.
Well, $QNT is going strong as it reached $200+.
— Michaël van de Poppe (@CryptoMichNL) October 17, 2022
Discussed last week, flipped $158 for support and continued the rally & broke resistance.
Arguably, if you'd want to look for longs, stay patient.
Core area to look for: $185 region. pic.twitter.com/czdgfwzSzS
Future of Quant (QNT), Price Predictions, 100% Growth, and Investing
Back in July, we correctly analyzed and predicted the potential of Quant (QNT). However, it surpassed everyone’s expectations, including ours. According to our dedicated price prediction article, Quant (QNT) was supposed to go for around
We’ve always stood by the technical side of things and still remain firm in our position about Quant (QNT). And that’s that Quant (QNT) will proceed to see further price evaluation, adoption, and network development. Although the price will now drop a little, the future looks bright for Quant (QNT) in the upcoming years. This 100% Quant (QNT) growth is only the beginning.
HODLing in this case will certainly reap its benefits in the future. However, if a trader wants to stay more active, one could argue that now is the right time to flip Quant (QNT).
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