Quant (QNT) Rally Sparks Price Discovery Debate Among Analysts

Quant (QNT) surged nearly 400% in September, reaching a high near $350 before trading at approximately $280, largely driven by its selection for The Clearing House's On-Chain Money Initiative. Analyst Ali Martinez suggests that a breakout above $430 could lead to a rally toward $2,000, while others like Jia Crypto anticipate a move toward $400. Despite the optimism, market caution remains as Lookonchain reported that a wallet linked to the Quant Network founder moved nearly $7 million worth of QNT after seven years of inactivity, potentially signaling profit-taking.