Ex-BlackRock VP Explains What Drove Quant's 472% Breakout
- —QNT rallied from about $65 to $372 by September 27, a 472.3% gain
- —QNT has a max supply of 14.9 million tokens, with over 12 million in circulation
- —Quant is involved in The Clearing House's On-Chain Money Initiative for tokenized deposits
- —QNT has since retraced to about $234, with 24-hour volume down 43% to $468.73 million
Why it matters: The QNT case shows how institutional integration and scarce supply can drive sharp rallies even without heavy retail inflows.
Source: The Crypto Basic