TL;DR Breakdown The Quant price analysis shows a record increase in price today.What are the reasons behind a price spike beyond speculations?Strong support is present at $311. The Quant price analysis shows a skyrocketing behavior by the cryptocurrency as it sets a new record high at $421. QNT/USD saw almost a 27 percent increase in value yesterday and today again got a jumpstart on the bullish side. QNT gained a value of around 26 percent during the last 24 hours and around 102 percent over the course of the last seven days. The jump in price is beyond speculations, and the question is; if this price level is sustainable for QNT? or not. In the market, when most of the altcoins are going down along with the trendsetters Bitcoin and Ethereum, Quant seems to be not affected by the overall downward trend. Even on 7th September 2021, when Bitcoin flash crashed spectacularly along with all the altcoins, Quant successfully dodged the trend and attained an improvement of 10 percent on that particular day. The reason why QNT is acting against the overall crypto market could be other than regular speculations, which cryptocurrencies are usually valued upon. It might be the actual daily life use of the project behind the crypto in question. Quant is the native token of the Quant network based on Ethereum, designed to make businesses capable of interoperating over different blockchains with higher speeds with the tech they call Overle...
