Analyst Jan Nieuwenhuijs recommends first altcoin in 13 years — QNT jumps over 50%
- —Nieuwenhuijs repeated his 2013 Bitcoin tweet, swapping BTC for QNT
- —QNT rose over 50% after the post, trading near $265
- —After his 2013 tweet, Bitcoin rose 4x in 15 days, from $280 to above $1,200
- —A week earlier Quant announced a technology partnership with The Clearing House
Why it matters: A call from a well-known analyst triggered a sharp move in QNT, though the rally rests on a tweet rather than new fundamentals.
Source: Uzmancoin