CandleFocus

Quant price rises as Oracle announces partnership, CEX balances dip

Quant price rises as Oracle announces partnership, CEX balances dip
Quant (QNT), a cryptocurrency project in real-world asset tokenization, saw a recovery as its token reached a high of $97.40, fueled by Oracle's unveiling of its Oracle Blockchain Platform Digital Assets Edition built using Quant's Overledger technology. This partnership showcases Quant's technology and may encourage more companies to adopt it. Additionally, a user swapped their long-term Chainlink (LINK) tokens for QNT, indicating their belief in its future success. While Quant's technicals are strong, there is a possibility it will resume its downtrend and retest the support at $72.55.

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