Institutional Investors Fuel QNT's 472% Breakout
A former Vice President at BlackRock revealed what drove the massive breakout of Quant (QNT), which surged by 472% in recent times.
The executive, who wished to remain anonymous, stated that institutional investors are starting to take notice of the project's potential and are allocating significant funds to it. This influx of capital is causing the price of QNT to skyrocket.
The BlackRock executive noted that Quant's unique approach to decentralized finance (DeFi) and its focus on building a scalable network are key factors contributing to its success. Additionally, the project's strong community support and developer engagement have also played a significant role in its growth.