Dogecoin and Bitcoin Give Back Gains, but This Coin Bucked the Trend to Rally 227% in a Week.
#Dogecoin Quant (CRYPTO: QNT) emerged as the most profitable cryptocurrency over the past week, even as the large-cap names struggled.
QNT Jumps 3X
QNT exploded 227% in a week, climbing from a low of $66 to a high of $358. The spike has pushed the token to levels last seen more than five years ago. Its market capitalization has surged to $3.56 billion, up from $975 million just a week ago.
#Doge🚀🚀🚀 QNT powers the Quant Network, an interoperable operating system connecting different blockchains with traditional banking networks.
#bitcoin Last week, the banking association and payments company, Clearing House, selected Quant to settle its new tokenized-deposit transactions, providi
ng a major impetus to the underlying token.
#Bitcoinhaving On-chain analytics firm Santiment reported a sharp jump in on-chain activity, with QNT’s new addresses spiking to 7,516 on Sep. 27 and active addresses hitting 14,458.