Quant Sees 210% Price Surge as Analyst Predicts Up to $10,000 Upside
Gold analyst Jan Nieuwenhuijs has issued a bullish call for Quant (QNT), urging investors to buy at least one token. He frames this as a risk-reward bet, suggesting that buying QNT could result in earning up to $10,000 if his thesis plays out.
Nieuwenhuijs' advice comes with a disclaimer: the potential upside is matched by the potential downside, with investors risking losing $120 on their purchase. The analyst also notes that this scenario mirrors a similar Bitcoin prediction he made in 2013, where he suggested buying BTC could result in earning up to $10,000.
Quant has already seen significant price action since Nieuwenhuijs issued his call, surging approximately 210% from its price of $120 at the time. The token's market capitalization currently stands at around $3.1 billion, with a daily trading volume of over $1.25 billion.