Quant crypto price soared to its highest point since October 10, as if the market had finally discovered the secret to eternal youth-except it’s just a bunch of numbers and a very confused blockchain. 🧙♂️📉
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Meanwhile, demand for the Quant token in the futures market rebounded, hitting $20 million, its highest point since October 10, when the crypto market suffered the biggest liquidation ever. Its open interest has been rising gradually from this week’s low of $11 million. A slow burn, or a slow collapse? Only time will tell. ⏳
Quant token has been in the spotlight in the past few months as the real-world asset tokenization theme has soared. It is widely seen as RWA token because of it Overledger product, which is now being used by Oracle. Because nothing says “trust” like a tech giant with a beard and a penchant for chaos. 🧙♂️
Overledger is an interoperability platform enabling communication and asset transfers across multiple blockchains and traditional finance systems. It is a more advanced platform than Chainlink’s CCIP. Or, as a certain Russian author might say, “The devil is in the details-and the details are very detailed.” 🖤
Quant also created QuantNet, which acts as an operating system for the RWA industry. It solves the fragmentation problem in the RWA industry by connecting tokenized money, assets, and existing payment systems through one layer. Because why have one layer when you can have many? 🧩
Quant crypto price technicals point to a rebound 📉➡️📈
The daily chart shows that the QNT price rebounded to the highest point in a month. This rebound happened after the token formed a double-bottom pattern at $68.87 and a neckline at $97.85, its highest point on November 13. A tale of two bottoms? Or just a tale of a very confused market? 🤔
Quant price moved above the upper side of the descending channel pattern, confirming a breakout. It has moved above the 50-day and 100-day Exponential Moving Averages, a sign that bulls are gaining momentum. Or, as a certain 19th-century writer might put it, “The bulls are charging, and the bears are hiding under the couch.” 🐂
Therefore, the token will likely continue rising as bulls target the key resistance level at $120. This price is about 28% above the current level. What could possibly go wrong? Well, the usual-market crashes, existential crises, and the occasional rogue algorithm. 🚨
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2025-11-28 23:54