Can Quant token prices hit the $1,000 mark in the next 5 years? Will Quant token prices eventually reach $10,000?
Well, there is an overwhelming conviction among crypto analysts and Quant investors that QNT token prices will reach and rise above $1,000 in the next 5 years. In fact, a significant number of these are confident that if the market can shake off the bearish sentiments dominating the crypto space and start recovering, it will most likely get here before 2025.
This optimism about Quant’s future price action is based on the altcoin’s impressive performance throughout 2021. In this period, QNT token’s price grew by more than 1600% and even hit its highest price yet.
Moving into 2022 and beyond, many of the factors that influenced Quant’s impressive price action, especially the Overledger network upgrade and collaborations with different crypto projects, persist. These are expected to help its token price to rebound and set an aim for $1000.
Other factors that experts believe will help drive QNT token prices towards $1000 include the relevance of its core technology and a recovering crypto market.
But are they enough to help Quant token’s price appreciate by the 590% needed to get them above $1000 in the next 5 years? What will Quant be worth in 2027, and can it possibly ever reach $10,000?
We will be answering all these in this Quant token investment guide below.
First, though, we analyze Quant’s past price action to understand how it got here and any bearing that its past has on its future performance.
Quant (QNT) Price History 2018 To 2021
The development work for the Quant network and the Overledger operating system started in 2017, but the QNT token only went live in August 2018. According to data from CoinMarketCap, QNT ended its first day of trading selling for $0.27 and traded below $2 for the rest of that year.
Up until January 2021, Quant tokens maintained a depressing price action, as evidenced by the near-flat line on its price chart. According to crypto experts, some of the major factors that kept QNT tokens trading at these low prices included the lack of developer appeal, lack of popularity for the interoperability concept, and a clear lack of demand for the QNT token seeing that it's daily trade volumes rarely crossed $3 Million.
Everything would, however, change in the last week of January 2021 when Quant token’s price crossed above $20 for the first time ever. It started recording moderate gains, and its daily trade volumes started rallying, denoting increased speculative investor interest in the altcoin. By May, QNT’s price reached $50 and topped $100 two months later. Its biggest break would nevertheless come in the first 10 days of September when its value jumped by more than 230% to set its current all-time high of $428.
Among the key factors that helped fuel, this value jump was increased trader interest in Quant tokens, the Overledger 2.1 upgrade, a ranging blockchain interoperability debate, and a recovering crypto market.
Quant ended 2021 with a price of $178.33.
Both crypto analysts and Quant investors observe that if the market can shake off the current bear sentiments and return to recovery, we will most likely witness a swift rebound for QNT token prices and a resumption to its 2021 price rally.
So, Will Quant (QNT) Reach $1000?
Yes, it is highly likely that Quant token prices will eventually rise and tear above $1000. In fact, analysts observe that nothing stands on Quant’s path to this price level, save for the bear sentiments dominating the crypto market at the moment.
Look at it this way, to get to this target price, QNT token only needs to grow its current price by about 6X, which is doable - seeing that it grew its current value 16X in the last 12 months. Additionally, a per token valuation of $180 would only grow its market cap to an acceptable $14.6 Billion, seeing that Quant has a maximum supply of 14.6 million QNT tokens.
But just when do the fundamental and technical analysts expect Quant to reach $1000?
At CoinQuora, crypto experts are convinced that Quant token prices will have a fast rebound, majorly driven by a recovering market and investor interest in the innovative project. They expect it to rise above its current high before the end of 2022 and rally above $1000 in 2025.
Crypto gurus at Coinpedia have mixed feelings about Quant token's price performance in the immediate future. They argue that its recovery and rally towards this target price is hinged on such factors as market recovery, blockchain adoption, and developments within the Quant network. If these conditions are met, the analysts then argue that Quant tokens will most likely break above $1000 before the end of 2025.
The updated technical analysis report by CryptocurrencyPricePrediction paints an attractive picture of Quant token's future price action. It indicates that QNT price will have a speedy recovery that pushes it above its current ATH by October 2022 before rallying further and breaking above $1000 in February 2025.
The Reddit Community is also convinced of a bright future for QNT tokens. The majority of investors, analysts, and crypto enthusiasts here believe that Quant has all it takes to break above $1000 before 2025. Some even argue that were it not for the bears taking over the market in December 2021, Quant was poised to hit $1000 in the first quarter of 2022.
Don't Miss: Quant Price Predictions
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Will Quant (QNT) Eventually Reach $10,000
It is highly like that Quant token prices will eventually reach and rise above $10,000. However, given the prevailing market conditions, crypto experts are not convinced that it can get here in this decade.
Some of the key factors that they believe stand in the way of Quant getting to this price level include the level of growth needed, demand for the tokens, and market cap.
Analysts argue that in getting to $10K - which pushes its market cap to $140 Billion, QNT will need to grow its current price by more than 5500%. While this seems totally feasible, seeing that the token is already 660X up its an introductory price, these experts aren't convinced there is enough demand to drive QNT token prices and market cap this high in a short period of time.
At best, the majority of the fundamental and technical analysts we have interacted with expect Quant token prices to get to $10K after 2030.
The only technical analyst who gets close to predicting a $10K price for QNT tokens within the decade is PricePrediction.net. Their analysis suggests that by December 2030, Quant will be trading around $9800, a few dollars shy of the target price.
What Will Quant (QNT) Be Worth In 2027?
The majority of analysts and investors agree that Quant token will sustain an uptrend for the next 5 years. Though they have different views on how high QBT token prices can reach in the next few years, they are confident that it will be worth way more than its value today, with the majority placing its expected price at between $1600 and $3000.
Technical analysts art the Wallet Investor, for instance, hold that the QNT token will grow its value by 155% in the next 12 months before extending this appreciation and reaching $1348.47 by this time in 2027.
Technical and machine learning analysis of Quant token prices by experts at Gov Capital is also hugely bullish of QNT token's future performance. Here, they expect the QNT token to reach $327.53 in the next 12 months before rallying further up and breaking above $1780 by this time in 2027.
The most bullish price prediction is provided by the technical analysis platform CryptocurrencyPricePrediction whose analysis indicates that QNT could reach $2388 by 2025. Going by their expected growth rate for the token, you can expect its value to have topped $4000 by 2027.
Check Out: Is Quant A Good Investment?
Conclusion: Will Quant Reach $1000 In The Next 5 Years?
In truth, Quant token is a massively volatile and unpredictable crypto asset which makes it near impossible to accurately predict its next price action. But with the guidance of its past price action, developments within the Quant network, and an analysis of the larger crypto market, analysts can map the most likely price path for the token, with the current readings pointing to a speedy rebound and a bullish uptrend. From fundamental and technical analysts to Redditors, the majority of crypto experts are convinced that Quant token has all it needs to reach $1000 within the next 5 years.
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Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
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