• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Quant Price Falls: Analyzing Causes and Predictions

user avatar

by Giorgi Kostiuk

2 months ago


This month, Quant's cryptocurrency price has dropped sharply, erasing some of the gains made late last year. The price fell by 36% from its peak in December amid stagnant network addresses and shifting trader preferences.

Quant's Price Decline

The QNT price dropped almost 36% since December, reaching $110. Thus, the coin lost a significant part of the gains achieved by the end of last year.

Network Stagnation Causes

Data from IntoTheBlock shows that the number of addresses in the Quant network remains at 144,000, indicating stagnant growth since January last year. Additionally, fewer than 300 new addresses are created daily. Experts believe this is due to traders shifting to new tokens like Official Trump and Fartcoin.

QNT Risks and Forecasts

Current QNT price charts form a pattern suggesting a potential strong bearish breakout. The price has formed a flag pattern, which could indicate a fall to the next significant level around $80.6. Technical indicators like the Ichimoku cloud and MACD also support these concerns.

Quant faces difficulties associated with falling prices and network stagnation. Traders are advised to monitor the situation closely, considering possible changes in crypto community preferences and analyst forecasts.

0

Share

Other news

BYDFi 5th Anniversary: Innovation and Web3 in Focus

BYDFi celebrates its 5th anniversary: history of growth and Web3 adoption.

user avatarGiorgi Kostiuk

3 minutes ago

Ethereum Price May Drop Due to Weak Stock Market

Analyst Benjamin Cowen predicts Ethereum's price may decline owing to stock market weakness and macroeconomic factors.

user avatarGiorgi Kostiuk

3 minutes ago

Trump's Tariffs Shake Crypto and Global Markets

Trump's tariffs caused a sharp drop in crypto and global markets: Fear Index plummets to 25.

user avatarGiorgi Kostiuk

4 minutes ago

Qubetics Cryptocurrency: Interoperability and Growth Potential

Qubetics offers unique blockchain interoperability and promises high growth potential.

user avatarGiorgi Kostiuk

4 minutes ago

Cryptocurrencies in National Reserve: US Initiative

Donald Trump's announcement of a US crypto reserve including Bitcoin and Ethereum sparks a global discussion on digital assets.

user avatarGiorgi Kostiuk

5 minutes ago

XRP Price Update: Preparing for a Downturn?

XRP holds near the $2 level; market analysis shows potential shifts in the crypto market.

user avatarGiorgi Kostiuk

11 minutes ago

dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.