CandleFocus QNT Price rallies following regulatory green light for staking
2024-09-09
Author: Content Editor
Quant (QNT), the native token of Quant, has experienced a sharp rally in response to the regulatory green light for its staking feature. The altcoin has gained over 17% in the past week, reaching a high of $71.70. The confirmation of staking capabilities on the Overledger Network is seen as a catalyst for the rally, as it increases the utility of the token and strengthens its intrinsic value. Whale activity and growing confidence among large investors have also contributed to the positive sentiment. Technical analysis suggests that QNT could reach a target of $82, with a potential upside of $145.5 if momentum continues to build.
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