How high can the QNT price rise in this bull run? This question remains in the hearts of many holders and potential investors who want to see how well the crypto can perform.
Lee the Captain believes that QNT’s price growth lies in its ability to support multi-chain applications that leverage various blockchain technologies simultaneously, as well as its scarcity, with a maximum supply considerably lower than many of its peers, enhancing its value proposition.
The analyst behind the Lee the Captain YouTube channel anticipates another bull run, especially following Bitcoin’s halving events. As a result, discussions around QNT’s future price, including the goal of reaching $5,000 in 2025.
Post-Halving Bullish Trends
Historically, altcoins like Quant have experienced significant peaks approximately 18 months after a Bitcoin halving event. The last halving occurred in April 2024, suggesting a potential peak around October 2025, in line with past cycles.
Charles Hoskinson believes Bitcoin price could reach between $250,000 and $500,000 in the next couple of years. This bullish outlook on Bitcoin could be vital well for altcoins like Quant, which typically follow Bitcoin lead during major market upswings.
Quant Unique Value Proposition
Quant is not just another altcoin; it is supported by the innovative Overledger OS and Network. Overledger OS enables the creation of multi-chain applications, allowing developers to leverage the strengths of multiple blockchains simultaneously.
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For example, an application could utilize the speed of Stellar alongside the security of Bitcoin, offering a more robust solution than single-chain applications. This capability may be crucial as the industry moves toward more complex and interoperable blockchain solutions.
Despite criticisms regarding current adoption rates, Lee argues that the potential for future utility in multi-chain applications may outweigh present-day metrics. He draws a comparison to platforms like Solana, which, despite being primarily known for meme coins, have still performed well without widespread practical adoption.
The Overledger Network further enhances Quant’s ecosystem by enabling users to share and monetize data, applications, and resources. This network effect could increase the utility and demand for QNT tokens.
Scarcity and Market Dynamics
Quant maximum supply is notably lower than Bitcoin’s, around 14.6 to 14.8 million tokens, which makes it scarcer. This scarcity, combined with its listing on major exchanges and a solid use case, positions Quant as a potentially strong performer in the market.
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While a target of $5,000 may seem ambitious for QNT price, Lee suggests that with favorable market conditions, historical trends, and Quant’s unique technological offerings, it remains within the realm of possibility.
The year 2025 could indeed be a defining moment for Quant, contingent on market sentiment, technological adoption, and Bitcoin’s performance.