The Quant token is showing some promising results, what is up with that? More about what it is and what it does, as well as Quant price prediction for 2022 in our article.
Quant Price Prediction for 2022-2030
[table id=44 /]
- Quant price prediction for 2022 varies wildly: from a moderately optimistic scenario with QNT at $166.89 to a bullish goal of $1,600 this year;
- Estimates at which QNT will be traded in 2025 are also very far apart. Some experts see QNT rising only to $224 and others give nice targets at $900;
- Analysts that believe QNT will be around in 2030 say it will be worth anywhere from $4,700 to $8,900.
What is Quant and QNT?
Quant Network is an enterprise solution project that focuses on blockchain interoperability. Their flagship product Overledger works as a plug-and-play API or operating system. Overledger gateway can connect different distributed ledger systems (blockchains, DAGs and other types) without deploying architecture or compromising security or usability. It also supports multi-DLT smart contracts and, therefore, assets that are represented by multi-ledger tokens. To use Overledger’s gateways, developers and enterprises need to purchase licenses with QNT utility tokens. In exchange for the license fee, they receive a cut of the transaction fees going through their setup.
QNT Price History
Quant Price in 2018-2019
Quant launched after an ICO in May 2018 that raised $11 million out of the goal of $36,900,000. The tokens that did get distributed after the sale went off for $1.51 in current prices. Once QNT started being traded openly on the market, it took until September 2018 to reach its ICO price for the first time. Presale participants started seeing a consistent return on investment in 2019. By July 2019, in tune with the bull market, QNT went on a first bull run. In the given time period, its maximum of $14.29 was reached on August 7, 2019. 2019 closed and 2020 started with QNT at $3.5.
Quant Price in 2020-2022
In 2020, at its highest, QNT price beat the previous record and reached $16.29. At the lowest point in March 2020, after the market crash, it was worth only $1.51. 2021 saw QNT rise above the previous heights and continuously rise all the way to its current ATH: $428.38 (September 11, 2021). Since the pump was very sharp, the price shed off the gains in mere months. At the time of writing, QNT is worth $106.32 and ranks 66th in CoinMarketCap’s rating.
What Influences the Price of QNT?
Platform Development
In early February, QNT jumped up 10% on the news that the platform is researching interoperability and support of central bank digital currencies (CBDC). More recently, version 2.2.0 of Overledger went live. It was not a major release but it contained improvements to data consistency and performance.
Token Economics
The QNT token model implies that it has a defined purpose in the network and is targeted toward enterprise use. As a consequence, QNT has a high degree of “whale” concentration. This is a double-edged sword for QNT holders since it means large holders have a lot of sway in the token’s price. It is both showing a degree of trust from companies using Overledger and more risks in case the price changes sharply.
Partnerships
News of new collaborations can significantly boost the sentiment around any coin. Quant Network is already working with Hyperledger, LACChain, SIA (Italy) and Amazon Web Services.
QNT on Twitter
According to Forbes, there are around 18K active crypto devs. It is estimated that $ETH devs account for around 4,000 of these. In it's first week, $QNT have signed up over 1,000 devs to their free@KingsCollegeLon course.$QNT's market cap is less than 0.5% of $ETH's. pic.twitter.com/2K1ie8qS7T — Crypto Eugene $QNT $XDC (@CryptoEugene101) February 25, 2022
QNT enthusiast Crypto Eugene makes a case for the growth of the Quant team. In 2021, their team grew by 43% and welcomed new engineers, human resources and outreach specialists.
Just the beginning.$Qnt #Qnt #LACCHAIN #TC307#btc #eth pic.twitter.com/NZjL7uAbxV
— Lord Quantonian Cheqtoria Longhold (@bigbagz30k) February 28, 2022
How does LACChain and Overledger’s synergy work? User Lord Quantonian Cheqtoria Longhold shared some infographics to explain.
$QNT chart!$QNT is forming a MASSIVE W-pattern, also know as a double-bottom on the daily chart.
If this plays out, it could mean the bottom is in and the end of a downtrend for $QNT after 6 months or so. This is bullish. pic.twitter.com/FZDydmcEuN — Cryptoz (@CryptozQuamfy) February 20, 2022
Trader Cryptoz is confident in the near future of QNT: first stop — $200, then to the top.
Quant Price Prediction for 2022
In their Quant price prediction for 2022, Tech News Leader expects QNT price to peak at $185.09. By the year’s end, it can correct to $166.89.
YouTuber Ryan Matta thinks it is realistic for QNT to multiply by 10x and reach a market cap of $20 billion. With the current circulating supply, it would mean a single QNT can reach $1,600. QNT price prediction 2022 based on technical analysis by CoinQuora is more moderate but still pretty bullish. The momentum behind the price action can take QNT to the resistance of $432 and above to $500.
QNT Price Prediction 2023 and 2024
According to a prediction service PricePrediction.net, in 2023 the average price of QNT will reach $234.80. The average in this Quant price prediction 2023 is based on the minimum of $226.95 and maximum price of $271.83. Another prediction service, Gov Capital, claims that in 2024 the opening price will be around $463.579. At the end of the year, it will grow to be $719.229.
Quant Price Prediction for 2025
Long-term trend analysis by CryptoNewsZ sees QNT reach $445 by the middle of the decade. One of the possible reasons for this rally could be improvements to Overledger and wider adoption. Quant is evaluated positively by the WalletInvestor service. In their QNT price prediction for 2025, by then, it can be trading in the range between $490 and $900. Some more concrete estimates are provided by Digital Coin. They see QNT appreciating by 90-130% from now and fluctuating between $224 and $284 on average.
Quant Price Prediction for 2030
Long term predictions are tricky, since there are always plenty of forces in action forming the price of an asset, some of which may not even exist yet. But if things go well for Quant, QNT can be worth up to $4,700, Crypto Academy says. Crypto and Fire puts the target even higher, between $7,700 and $8,900.
ChangeHero QNT Price Prediction
Even though QNT is a utility token of Quant, its use is very limited so at the end of the day, it is all up to the adoption of Overledger. The more companies use their API, the more value there will be in the QNT token. If Quant keeps things up, QNT can outperform the market yet again and reach a new high.
How to get QNT on ChangeHero?
Getting QNT with crypto without sign-ups is possible on ChangeHero, and it’s very easy:
- Choose the currencies on the home page, amounts and the type of exchange. Provide your QNT wallet address in the next step and check the amounts;
- Double-check the provided information, read and accept the Terms of Use and Privacy Policy;
- Send in a single transaction the sum of cryptocurrency you will be exchanging. Fixed Rate transactions have a 15-minute limit;
- All done? Now we are doing all the work: checking the incoming transaction and doing the exchange as soon as it arrives.
- The Best Rate transactions will use the rate current to the time when your funds arrive. The Fixed Rate will use the rate at the time of step 1;
- As soon as the exchange has been processed, your QNT are on the way to your wallet.
ChangeHero’s customer support is available 24/7 in the chat on our website or through the email: [email protected].
Conclusion
Quant can be an interesting asset to add in a portfolio for its history of outperformance. As a cryptocurrency, though, it is very limited in use and largely relies on the developers. What do you think about these predictions? Let us know in the comments in our blog or in our social media: Twitter, Facebook, Reddit and in Telegram.
FAQ
What is Quant and QNT?
Quant is a company that developed Overledger operating system and blockchain interoperability API. Its utility token QNT is needed to purchase licenses and reward gateway operators.
What will QNT be worth in 2022?
Various sources give QNT price predictions for 2022, ranging from $166.89 to $1,600.
What will QNT be worth by 2025?
Experts name targets in the range between $224 and $900 for QNT in 2025.
What will QNT be worth in 2030?
By 2030, Quant can grow to $4,700 and even $8,900, analysts claim.
Is QNT a good investment 2022?
Quant token is a volatile asset even by crypto market standards. It has been stuck in a downtrend for the past 6 months but some analysts believe in 2022 it can break out.
Can a Quant reach $1,000?
Optimistic predictions claim QNT can reach and exceed $1,000 as soon as in 2022. More realistic ones put this target for the time after 2025.
