Quant (QNT) Hits Market Cap of $707.33 Million

Quant (QNT) traded down 1.8% against the U.S. dollar during the 1-day period ending at 13:00 PM Eastern on November 1st. One Quant token can currently be purchased for about $58.59 or 0.00083656 BTC on popular exchanges. Quant has a market capitalization of $707.33 million and $15.08 million worth of Quant was traded on exchanges in the last 24 hours. During the last seven days, Quant has traded 5.8% lower against the U.S. dollar.

Here is how similar cryptocurrencies have performed during the last 24 hours:

• Aidi Finance (BSC) (AIDI) traded down 2.2% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded 2.2% lower against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded down 2.2% against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Hokkaidu Inu (HOKK) traded up 1.2% against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Jeff in Space (JEFF) traded 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded down 0.2% against the dollar and now trades at $70,219.48 or 1.00261415 BTC.
• SolvBTC (SOLVBTC) traded 0.6% lower against the dollar and now trades at $69,995.50 or 0.99941615 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

About Quant

Quant’s launch date was June 25th, 2018. Quant’s total supply is 14,881,364 tokens and its circulating supply is 12,072,738 tokens. The Reddit community for Quant is https://reddit.com/r/quantnetwork and the currency’s Github account can be viewed here. Quant’s official Twitter account is @quant_network and its Facebook page is accessible here. Quant’s official website is quant.network. The official message board for Quant is medium.com/@quant_network.

According to CryptoCompare, “Quant is a cryptocurrency project that aims to connect blockchains and networks on a global scale without sacrificing efficiency through the creation of the Overledger Network, the first blockchain operating system. The Overledger Network uses APIs to connect different blockchains and allows developers to build decentralized multi-chain applications (MApps) for their users. Quant uses a hybrid consensus mechanism combining proof-of-stake (PoS) with proof-of-activity (PoA), a unique variant of proof-of-work (PoW). Its native cryptocurrency, QNT, is an ERC-20 token used as a means of exchange and security token on the platform, enabling holders to participate in governance and pay fees. Developers must hold QNT to create MApps on the Quant network, which are used to power the network and pay for services. The platform was cofounded by Gilbert Verdian, who served in the UK and Australian governments, and Dr Paolo Tasca, a digital economist and advisor to the UN on blockchain technology.”

Buying and Selling Quant

It is usually not presently possible to buy alternative cryptocurrencies such as Quant directly using U.S. dollars. Investors seeking to trade Quant should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Coinbase, Gemini or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Quant using one of the exchanges listed above.

QNT/USD price chart by TradingView