The cryptocurrency Quant (QNT) has been recording a strong performance for several weeks. For example, Quant (QNT) grew more than 20% in 24 hours, 75% in the past week – and the 30-day chart shows a performance of more than 104%. Quant joins the ranks of the youngest top performers Solana (SOL) and Fantom (FTM, here to our Fantom forecast). But does the rally last? Is it still worth getting started? We introduce QNT and say: What is quant? How does Quant work? Why is Quant special? Who invented Quant? What do traders and analysts say about Quant? What are the price forecasts for Quant-from 2021 to 2028?

Now QNT at capital.com buy now

What is Quant (QNT)?

The blockchain project Quant has made it its goal to connect and communicate different blockchains. The project sees itself as an interoperability solution for blockchain platforms. So it is designed to bridge the gap between different blockchains and enterprise software. This should succeed with a simple plug-and-play solution. So developers are not forced to set up a new infrastructure. The focus of QNT is the Overledger network. The developers call it the ecosystem on which to build the future digital economy.

Simply put: Quant lets blockchains communicate with each other without compromising the autonomy, efficiency or speed of each chain. The developers guarantee: each blockchain retains its unique properties.

Why is Quant (QNT) special?

Quant can seamlessly connect different decentralized networks – no matter what specific distributed ledger technology you use. Quant is designed as an interoperability solution that works with any existing distributed ledger, regardless of architecture. For this, Quant uses a technology called Overledger DLT Gateway. With Overledger, Quant acts as a gateway for any blockchain-based project. Developers can use it to write smart contracts for a variety of chains. This also applies to chains that do not support smart contracts. Quant also connects an application to other applications in the same blockchain ecosystem.

The main product of Quant is the “Overledger Enterprise Platform”. This allows companies to connect their existing infrastructure to the blockchain. In this way, companies can create so-called Multi-DLT smart contracts (MAPPs). These are smart contracts that exist across multiple blockchains. Dapps (decentralized applications) can use the properties and data of other platforms. Thus, previously unrealizable functions can be made possible.

In addition,: Quant also provides support for multi-ledger tokens (MLTs). These are digital assets that are secured by real money (deposited with a bank, for example). This allows, for example, stablecoins or digital currencies to be mapped and used by central banks – and this across several blockchains.

Who invented Quant (QNT)?

The idea for Quant came from Gilbert Verdian: Verdian worked in the healthcare sector and realized the importance of certain databases being able to communicate with each other. Verdian also has 20 years of industry experience as a management consultant. Prior to founding Quant, Verdian served as Chief Information Security Officer (CISO) at Vocalink. The second co-founder is Dr. Paolo Tasca, an entrepreneur and digital economist. Dr. Tasca has already served as a” special advisor on blockchain technologies ” for the EU Parliament and the United Nations.

What do traders and analysts say about Quant (QNT)?

Quant is currently one of the trending coins on Coinmarketcap.com. That means: Extremely many people are looking for quant. The popularity of the coin is also evident elsewhere: in the trading volume. This has also increased by more than 170% in the last 24 hours. So it is quite possible that a rally is brewing.

Guy, the pseudonymous presenter of the Youtube channel “Coin Bureau”, also makes bullish comments about Quant in a Quant video analysis. He speculates whether an investment is still worthwhile. At the same time, however, he also cites numerous reasons why the coin has great potential in the long term. Among them, the fundamental need for a protocol that connects blockchains to each other. You can watch his detailed video analysis here:

CryptoBuzz, a crypto news outlet, also comments: QNT has risen 2,400% in just one year!

Course tracker WhaleBot reports: QNT is the top performer of the last 24 hours!

Price Forecasts for Quant (QNT) from 2021 to 2028

Quant has existed since 2018, but unlike many other coins of this era, it is still actively being developed. In addition,: Quant has completed several rounds of funding and raised $ 11 million in an ICO in March 2018. This was followed by another seed round led by Alpha Sigma Capital with an undisclosed sum. How could Quant develop in the medium to long term with appropriate funding?

Quants 24-hour chart shows similarity to many other coins: Long flat, then the price explosion. Source: Tradingview.com

Currently (time of this article) Quant is trading at $ 331.20 after a one-day rally of more than 20%, only marginally below the recent all-time high of $ 384.76 reached a few hours ago. Quant is in a strong uptrend: demand is massive, the uptrend continues, a new all-time high is imminent.

Forecast expected increase of 362%

  • CoinCodex.com is generally bullish on quant (QNT). Accordingly, 27 technical analysis indicators signal bullish signals, against which there are only 5 bearish signals. “According to our technical indicators, the current mood is bullish, while the Fear & Greed Index indicates extreme greed,” the QNT forecast said.
  • WalletInvestor.com considers Quant (QNT) to be an “excellent” long-term investment. The QNT forecast is correspondingly bullish: the 1-year forecast sees QNT initially rising to $ 524.57. Then the price explodes: by 2026,QNT will rise to $ 1,234. 72!
  • DigitalCoinPrice.com also considers Quant to be a profitable investment and accordingly provides a confident forecast for the QNT price. Accordingly, QNT will rise to $ 521.48 by the end of 2021. in 2022, the coin rises to 598.75 dollars, in 2023 it is already 721.79 dollars. According to the forecast, the QNT price will move only minimally in 2024, but will explode to 992.53 dollars in the following year 2025! in 2026, the QNT rally continues: according to the forecast, QNT rises to $ 1,190. By the end of 2028, DigitalCoinPrice.com finally, the QNT price at $ 1,531. This represents an increase of more than 362%, based on the current price of $ 331.20.
  • Gov. Capital is extremely bullish on Quant (QNT): the 1-year forecast sees the cryptocurrency initially rise to $ 412,77. This represents an increase of 14%. Gov. Capital then becomes more optimistic with the 5-year forecast for Quant: more than a doubling of value is expected until 2026. Quant could rise to $ 951.10 within the next 5 years. Based on the current price of $ 331.20, this corresponds to a price increase of 187.17%.

Now QNT at capital.com buy now

Last updated on September 6, 2021

Top Brokers for buying and trading cryptocurrencies

  • Buy Real Bitcoin or Bitcoin CFDs
  • Wallet and Exchange in one
  • 14 + Cryptos
  • Excellent Trading Tools
  • Large knowledge and training database
  • Very good spreads

4.7/5

76.8% of CFD accounts lose money.

Cryptocurrencies are a highly volatile, unregulated investment product. Your capital is at risk.