Crypto

Quant Soars 260% in a Week, But This Trader Sees Red Flags

Guavy AI Editorial Team Published September 28, 2026

Instruments

QNT

Quant (QNT) has experienced an impressive surge in price over the past week, increasing by 260%.

The cryptocurrency market flashed red on January 24th, but QNT was one of the few altcoins that remained in green territory. In just a short time, its price skyrocketed to nearly $370, before retracing to around $205 (per CoinGecko).

One reason for this uptrend is likely due to The Clearing House's announcement that it selected Quant to power its On-Chain Money Initiative.

However, not everyone shares the same optimism. Doctor Profit, a popular trader, decided to take profit on his entire position in QNT, citing high funding rates and potential for short-term corrections.

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