$QNT
Why You Should Invest On Quant?
As you already know how quant works, it's safe to say that quant is a popular cryptocurrency focused on interoperability and security. It also has been one of the top-performing projects throughout the recent bear market, at one point climbing over 300% from its bear market lows.
I will provide some facts, on why Quant is worth to invest on.
1. The Quant token launched in September 2018 with a price of $0.2525.
2. It reached an all-time high (ATH) of $428.38 in September 2021.
3. Currently, QNT is priced at $127.7
4. It reached a bear market low of $44.36 following the bull run.
Quant aims to become the top crypto interoperability solution. While it faces stiff competition from Polkadot, Cosmos, and most recently, Chainlink’s CCIP, its focus on making life easy for developers certainly sets it apart. Furthermore, Quant has a lower market cap than the above-mentioned projects, currently at just $1.2 billion.
The project already accommodates countless financial institutions and enterprises. Still, a recent move saw Quant team up with the Bank for International Settlements and the Bank of England for its project Rosalind.
Quant’s collaboration with the banks was to explore how CBDCs could integrate into blockchain to “create innovative new products”.
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