![]() In other words, after the annual lows of June it first rallied +160%, followed by another 65%. In fact from $48 in June in just two months it was back above $125, and then soared in late September to reach $207 in October. Starting in early July 2022, a real rebound was triggered. The biggest surge though, took place between late July and early September 2021, when it made a new all-time high, reaching $427.Īt that point, it had made +85,000% from the initial price, and +35,000% from the late 2020 price, before the bubble began to inflate.ĭespite the fact that by November 2021 it was already declining, while many other cryptocurrencies were making all-time highs, the bursting of the speculative bubble on Quant’s cryptocurrency price came to a halt in June 2022, which was the same time that Ethereum’s 2022 bear market ended, for example.īitcoin’s price, on the other hand, hit a one-year low in November. By February, it had already surpassed $40, while in July it even surpassed $80. Until January 2021 the price did not rise again, but at that point the great speculative bubble began to inflate. It is worth noting, however, that the March 2020 collapse brought QNT’s price to a level still four times higher than its launch price.īy October of that year, however, it had already recovered all its losses, returning to the $12 level and even rising above $16 for a brief moment so as to set a new all-time high. That first peak was followed by a long descent that ended in March 2020 below $2 when the financial markets collapsed due to the onset of the pandemic. The initial price was below $0.5, but already after a year it had skyrocketed above $12, with a gain of 2,300% in twelve months. However, it is worth noting that it did not go through the 2017 bubble since it was launched the following year. The price trend of the QN T token is curious because it has basically been continuously rising, except for the bursting of the speculative bubble in 2022. The price trend of the crypto Quant Network (QNT)
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