The collaboration between Quant and Oracle has driven a significant rise in QNT's value. We explore the partnership details, current market situation, and future prospects.
Details of Quant and Oracle Partnership
Tech giant Oracle, valued at $500 billion, is collaborating with Quant to integrate core technology into Web3 solutions for large companies, central banks, and governments. This strategic alliance has boosted Quant's market value and established solid trading operations.
Current Market Metrics of QNT
At press time, Quant (QNT) is trading at $106.12, reflecting a 15.2% increase over the past 24 hours. QNT has also shown growth against Bitcoin and Ethereum. The 24-hour trading range extended from $90.53 to $106.26.
Technical Analysis and Forecasts
The 15.2% surge highlights a strong bullish momentum. By breaking the resistance at $100-$104, QNT may achieve new highs in the $135-$140 range if the current momentum holds. Analysts see this as a sustainable growth phase for the token.
The partnership with Oracle has marked an important milestone for Quant, causing a substantial increase in the token's price. If momentum continues, QNT might proceed to higher levels, achieving new heights.
