$QNT Gradually approaching the peak zone at 373, right now!
QNT is taking steps quite similar to ZEC. Even though there isn’t as much “behind-the-scenes hype” or support information like with ZEC, it still keeps moving up as if that were inevitable. The price adjusts up and down with the market, but fundamentally it’s still rising over time. From yesterday until now, the price has increased by hundreds of dollars—a very impressive number. Looking at the chart and the way QNT is moving, it reminds me somewhat of ZEC. Although the starting point is different, the overall magnitude is quite similar.
Just the other day, the price was still hovering around 160 dollars. I even smiled a bit and thought it had already risen close to three times—how much more room is there to continue increasing? The issue isn’t in its price level; the issue lies in our assessment.
Tonight it also has a strong upswing, partly thanks to a sudden jump from Bitcoin. The price adjusts immediately after that, but it’s still in a fairly high range compared to yesterday. I don’t have too high expectations when the market is experiencing many major fluctuations. But you know, price going up and down isn’t according to my expectations—it depends on the flow of money.
The reason I think it will move further upward is due to Bitcoin’s instability. When the price fluctuates too strongly, investors often reduce positions to avoid getting swept. The general trend is always to shift capital into other altcoins to trade for short-term gains, aiming to optimize profits. Altcoins with real “weight” tend to benefit from situations like this. However, when short-term traders come in, it also brings significant risk if the capital suddenly withdraws.
$QNT