Quant (QNT) token soars 24%; know price & performance

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 Quant (QNT) token soars 24%; know price & performance
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  • The QNT token trades on exchanges like Bilaxy, Uniswap (V2), etc.
  • It returned over 123% gains in the last 30 days.
  • QNT’s highest price was US$111.36 in the last 30 days.

The Quant crypto price was up more than 24%, while its one-day volume jumped over 95% in the last 24 hours to Friday morning.

But before we discuss price and performance, let's understand what Quant (QNT) crypto is.

What is Quant (QNT) crypto?

Quant crypto connects blockchains and networks globally without compromising the network’s interoperability. It claims to be the first to create a blockchain operating system for interoperability.

The project employs the distributed ledger technology to connect blockchains through its Overledger Network, which Quant claims will be the bedrock of the future digital ecosystem.

The developers could create decentralized multi-chain applications or MApps on the Overledger Network. But they will need to hold QNT tokens to build MApps.

The project was co-founded by Gilbert Verdian and Paolo Tasca and was launched in June 2018.

The QNT token can be traded on exchanges like Bilaxy, Bittrex, Uniswap (V2), etc.

Quant (QNT) crypto price and performanceSource: ©Kalkine Media®; © Alma Aurelia via Canva.com

Price and performance:

The QNT token is ranked 40th on CoinMarketCap. It was priced at US$107.28 at 9:15 am ET on July 15, up 24.40%, while its volume in the trailing 24 hours jumped 95.70% to US$163.79 million. It has a market cap of US$1.29 billion, and its fully-diluted market cap is over US$1.56 billion.

The token has a maximum and total supply of 14.61 million, and its current circulating supply is over 12.07 million. It returned gains of 68.35% in the last seven days while increasing 123.11% over the past 30 days.

It saw the highest price of US$111.36 and the lowest price of US$42.87 in the last 30 days.

Bottom line:

The crypto market has witnessed choppy trading this year. On Friday, it rose 6.26% to US$938.85 billion at 9:23 am ET, while its one-day volume surged 5.69% to US$74.65 billion.

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