You are currently viewing Quant (QNT) Adds 8% In The Last 24 Hours, Will It Continue To Soar?

Like most cryptocurrencies, Quant (QNT) has witnessed a considerable price rally over the past weeks. The token has added more than 8.24% over the past 24 hours.

Even the broader cryptocurrency market has recently seen tremendous improvement in its prices. Reports revealed that the cryptocurrency market outperformed the traditional equity market.

QNT saw a 14-day gain of 26.8% and a 7-day price surge of 7.58%. These performances could be credited to improving economic conditions and recent improvements on the Quant Network. 

What Factors Could Be Driving Quant Price Up?

Quant Network is an interoperability-enabling platform launched to connect several blockchains effectively. The Quant token price often moves in response to changes in the U.S. economy.

For example, the Consumer Price Index (CPI) for December at 6.5% showed a value in line with market expectations. CPI is a metric in the United States that measures inflation. A higher CPI signifies

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