$QNT After a week of violent pumping, can it still be chased?
Last week it surged from around $70 to $350+, with the main catalyst being The Clearing House choosing Quant to build the tokenized bank deposit settlement layer for the U.S. Then it spiked and pulled back. Today it’s been repeatedly trading around $280–$300.
I personally only look at these three things—no chasing sentiment:
1. $300–$305: if it can’t break through, it’s just supply from the post-spike area
2. $255–$250: the key defensive zone after last week’s pullback—if it breaks, it could easily be another leg down
3. Volume and open interest: volume is still rising and OI isn’t dropping, which suggests the money hasn’t fully exited; a low-volume spike is even more dangerous
The narrative is still there: tokenized bank deposits + Sibos showcase. But the rollout won’t be until the first half of 2027. In the short term, it’s news-driven pricing, not fundamental value being realized immediately. coinmarketcap.com
Also pay attention: a large address that’s been dormant for three years has already been transferring coins to exchanges—this is a de-risking signal, not an adding-to-positions signal.
Last week it surged from around $70 to $350+, with the main catalyst being The Clearing House choosing Quant to build the tokenized bank deposit settlement layer for the U.S. Then it spiked and pulled back. Today it’s been repeatedly trading around $280–$300.
I personally only look at these three things—no chasing sentiment:
1. $300–$305: if it can’t break through, it’s just supply from the post-spike area
2. $255–$250: the key defensive zone after last week’s pullback—if it breaks, it could easily be another leg down
3. Volume and open interest: volume is still rising and OI isn’t dropping, which suggests the money hasn’t fully exited; a low-volume spike is even more dangerous
The narrative is still there: tokenized bank deposits + Sibos showcase. But the rollout won’t be until the first half of 2027. In the short term, it’s news-driven pricing, not fundamental value being realized immediately. coinmarketcap.com
Also pay attention: a large address that’s been dormant for three years has already been transferring coins to exchanges—this is a de-risking signal, not an adding-to-positions signal.