Quant and Midnight Soar as Crypto Markets See Wild Swings

Crypto markets saw significant fluctuations last week, with Quant and Midnight emerging as top gainers. The Clearing House's selection of Quant to power its On-Chain Money Initiative contributed to a 158.3% price surge, while Midnight's mainnet access expansion led to a 96.5% increase.

Bitway and Pump.fun also made the list of top gainers, with Bitway gaining 66.7% and Pump.fun increasing by 19.5%. In contrast, Lighter fell 28.7%, followed closely by MemeCore, Ethena, and Zcash, which posted double-digit losses.

Jan Nieuwenhuijs warned that buying Quant carried the risk of losing $120 against the potential to earn $10,000, while David Gokhshtein predicted that Midnight could follow Zcash's rally.