QNTUSD
Classic Crypto Pump and Dump, Stay Away from Quant QNT: SHORTThe Quant Network team is disintegrating as this scam unfolds. This is a train-wreck to watch. Social metrics are skewed by social engineering. Trade volume is weak, developers dumping. Wash trading associated with pump and dump cycles. Stay away.
Here is a good article to read if you are invested, its just the tip of the iceberg:
medium.com
Classic Crypto Pump and Dump, Stay Away from Quant QNT: SHORTThe Quant Network team is disintegrating as this scam unfolds. This is a train-wreck to watch. Social metrics are skewed by social engineering. Trade volume is weak, developers dumping. Wash trading associated with pump and dump cycles. Stay away.
Here is a good article to read if you are invested, its just the tip of the iceberg:
medium.com
Quant currently is still in a downtrendMARKET ANALYSIS: QNT/USD
One of our members asked about our thoughts on $QNT.
While the project itself is one of the few in crypto we really like and think has serious future potential the chart currently is still in a downtrend. Announcements could reverse the trend with ease, especially on these relatively unknown mid caps with low volume but the formed descending triangle gives us a target of around $2 from a technical point of view. Could retest the broken trendline before going lower, but the current drop makes it unlikely. Overall, the macro chart looks ok. Quant was one of the very few coins making several new all time highs over the course of 2019.