What Sets Quant Apart

Quant (QNT) is an Ethereum-based token designed for its Overledger network, which aims to facilitate blockchain interoperability.

Here’s a glance at the QNT performance chart via Trading View:

Additionally, here’s the Coin Market Cap QNT to USD chart from the last month:

According to Cointelegraph, Quant (QNT) has seen a significant rebound from a low of $40 on June 13. Despite bearish attempts to halt the upward trend at $115, bullish investors swiftly capitalized on dips below the 20-day EMA of $103 on July 26.

What distinguishes QNT is its capped supply of 14,612,493 tokens, which is about 6 million less than Bitcoin (BTC). While comparing the two may seem like comparing apples to oranges, this metric highlights QNT's scarcity in the cryptocurrency arena.

The maximum supply of a coin plays a crucial role in assessing its Total Value Locked (TVL), a metric akin to the price-to-earnings ratio in stock investments. According to The Motley Fool, “Total value locked (TVL) represents the aggregate of all assets deposited in decentralized finance (DeFi) protocols that earn rewards, interest, and new coins.”

Note: “Investments carry risks, including the potential loss of principal. Past performance does not guarantee future outcomes.” — TD Ameritrade. The term “security” can refer to stocks, cryptocurrency, gold, or any asset class.

Disclaimer: This article is intended for entertainment and informational purposes only and should not be viewed as financial or legal advice. Not all presented information may be accurate. I am not a financial advisor; please consult a professional before making significant financial decisions.

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