Breaking Down Quant - Full Analysis
Quant has been on my radar, and I finally sat down to analyze the current situation. Here's what I found when I looked at the data.
📈 Current Price Action
At $79.63, the price action has been quite volatile lately. The weekly trend has been fairly sideways, suggesting consolidation.
Quant price movement over the last 7 days
💰 Market Metrics
With a market cap of $1.16B, it's ranked #88 in the crypto market. The 24h volume of $31.96M represents 2.76% of the market cap, which indicates moderate trading activity.
| Metric | Value |
|---|---|
| Current Price | $79.63 |
| 24h Change | +8.47% |
| 7d Change | +1.45% |
| 30d Change | +10.57% |
| Market Cap | $1.16B |
| 24h Volume | $31.96M |
| Market Rank | #88 |
🪙 Supply Dynamics
There are $14.54M coins in circulation out of a maximum supply of $14.61M (99.53% circulating). We're close to max supply, which means minimal inflation pressure.
📊 Historical Context
The all-time high was $427.42, and we're currently 81.37% below that level. The all-time low sits at $0.22, which means we're 36808.14% up from the bottom.
That's a significant discount from ATH, which could present opportunity - or suggest fundamental changes in the project's prospects.
🤔 My Take
Market dynamics show us Quant is showing strength. The fundamental metrics show room for growth if fundamentals improve.
As with any crypto investment, only allocate what you can afford to lose.
🎯 Final Thoughts
This is what I'm seeing with Quant right now. Obviously, crypto moves fast and things can change quickly. Drop your analysis in the comments!
This is not financial advice. Always do your own research before making investment decisions.
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