Quant Eyes $370 Retest as Clearing House Deal Fuels Rally
Quant's price has been on a tear since late September, and it may not be done yet. According to analysts, if Quant holds above $230, it could extend towards $320 and then $370. This prediction is based on the recent surge in whale transactions, with 645 deals of at least $100,000 recorded on the Quant network in a single day.
The rally has been fueled by The Clearing House's selection of Quant to power its tokenized-deposit network. Greg Lunt, a commentator, attributes the move to several key developments, including Quant's partnership with Murex's MX.3 platform and Oracle.
Santiment warns that FOMO risk is extremely high after a 299% gain, and cautions that consolidation would be a healthier setup than another straight-line surge.