Quant (QNT) is EXPLODING! _ Can It Hit $1000

 Quant is absolutely pumping at the  moment it is up over 400 from its lows  in June and it seems to be showing a lot  of relative strength versus the rest of  the market so the question on a lot of  people's minds right now is is it too  late to buy a Quant should we be buying  into this pump should we wait for a  bigger pullback and it's quite even a  project that we should be buying at all  and today I would I will be doing my  best at answering Those Questions by  going through exactly what Quant is what  Quant does uh the catalysts that are  actually driving this recent rally in  price and also what my thoughts are on  the future of the Quant Network going  forward without further Ado let's get  straight into the show and as we can see  Quant has been on a tail lately it did  Wick up to 227 it just recently come  back down to 183 so a little bit of  relief from upside which I think  non-holders are quite happy about right  now actually getting this little  pullback because it has been the  Unstoppable coin of the market now Quant  is one of these payment real life you  use case narrative driven projects  similar to something like an xrp which  are really being driven by real world  Partnerships which they are currently  signing and pioneering in the payments  and traditional Financial space we've  seen uh the cool coin actually run out  of liquidity on Quant it said that it's  total Court Holdings in the Major Market  actually reached their maximum limit and  then we also saw a few days ago  crypto.com uh were draining out of Quant  only 47k quants are left because  obviously there was so much demand for  the token that some exchanges started to  experience liquidity issues and the same  thing on coinbase so so much hype right  now  um which has resulted in some exchange  shortages and also the social dominance  on lunar Crush has been exploding for  Quant we can see that it has increased  by over 209.6 percent for social  contributors on Twitter and YouTube  social engagements are up  226 which is absolutely insane that's  just over a one month period uh that we  have seen a massive increase in Social  contribution so so there's no doubt that  it is the hyped token right now there's  no doubt that it is the token that  everyone has their eye on and it is one  of the strongest performers if we even  go back and we look at quant's all-time  price chart we can see it is making that  run towards all-time highs again now it  is only down 58 from all-time highs  compare that to something like a Bitcoin  ethereum which are down in the 70  um even bnbs in in the 60s Qantas down  less than those and it has shown more  strength in the meantime so let's go  through what Quant actually is what  Quant actually does and if we should be  investing in it but before we get into  any of that remember the trading comp  started yesterday I haven't opened my  first trade yet because I was waiting  for a pullback in the market when I  think uh there's a good opportunity to  open a trade I will let you guys know my  bias is slightly long so I am waiting  for potentially a bounce off this level  here but I'm just going to wait for  confirmation on that before I do  anything crazy because uh Bitcoin is  still lagging the stock market at the  moment so I will probably open that  trade on tomorrow's show potentially  um but in the meantime make sure you're  set up with an account if you're getting  involved there's a link in the  description for a band to bit get and a  band to buy bit account where the prices  are one hundred thousand dollars and  fifty five thousand dollars respectively  so it's our biggest prize pool we've  ever done for a trading comp if you're  finished in the top 10 you can win up to  ten thousand dollars uh it's pretty  insane so if you want to get involved  get involved links in the description  all you need to do is sign up for a band  to buy get account and then click the  registration link for your respective  exchanges and obviously deposit 250 you  can get started and potentially win some  prizes so yeah I'm pretty excited for  that hopefully I can try my hand at some  luck in some of these trades  um uh I don't know let's let's see what  happens I'm I'm a little bit confident  going into this one because I learned a  lot from the last one so that should be  a lot of fun and let's get into Quant  all the Quant talk so essentially what  Quant is is it's a solution which  provides the flexibility to support a  wide range of use cases for reliably  securely and scale necessary for  commercial commercial National and  international implementation so  basically what they are doing right now  is facilitating Central Bank digital  currencies we know that is a big  narrative at the moment they're driving  the issuance and the transactions for  cbdc's commercial stablecoin issuance  and transactions and tokenized money to  settle as a payment layer think of this  similar to what xrp is doing because  it's ISO compliant which is obviously  the international payment standard  issued by Swift Quant fits under that  category uh so it can facilitate  payments under the international  standard which means the network is  suited for traditional Financial usage  so this may be in the implementation of  cbdc's and it may be in the  implementation of banks but there was a  really good drug which broke down what  it is because quantity is like an  interoperability layer right it's not  just like an L1 it's it's a it's a layer  it's a tech stack which allows other  blockchains and other payments networks  to plug in or talk to the Quant Network  itself so cyber did a really good Mega  thread on what Quant was and he  essentially labeled it as an Enterprise  level Gateway that can connect and allow  organizations to interact with each  other which is a vision that is has been  put forth by Gilbert Verdian who's the  CEO of Quant who has worked in the  traditional Financial space uh for a  long time we'll get into who he is in a  second so Quant aims to deliver  Enterprise grade interoperability for  the secure exchange of information and  digital assets across any network  platform form or protocol at scale with  no extra overhead since Inception it has  gained a lot of traction uh it joins the  digital pound Foundation this year it  partnered with the trading platform lcx  it has an over Ledger Network  establishment and it partnered with Lac  change so these are the Partnerships Lac  chain is a Global Alliance by the  inter-american Development Bank Sia  which is one of its other major  Partnerships which you're probably  seeing being talked about a lot right  now is an Italian tech company which has  Banky and finance sectors Qantas  powering both of these um both of their  payments uh settlement platforms for the  crypto space it is also partnered with  Oracle which is the world's largest  database management company offering  software and technology so the partners  it has is one of the main reasons why it  has shown a lot of strength and one of  the main reasons uh one of the main  driving factors behind the price as well  but in terms of the technology itself it  has a very interesting way of executing  on this vision and that is via using an  over Ledger platform this is a  essentially a distributed Ledger  technology so DLT which is designed to  harness the power of interoperability  what this does is it interconnects  private and public data while  maintaining the security and speed of  the network allowing them to develop a  financial system so we could see a quick  graphic on how that works I won't get  too far into the tech because I know  most of you aren't uh so interested in  the technology you'd rather just hear  about some of the Catalyst driving it  but if the ones that are tech-minded  there's a lot of information available  um the over Ledger is not a blockchain  so that is something very interesting to  note it's a DLT Gateway so distributed  Ledger technology Gateway that acts as a  platform and Marketplace this means you  can  um multiple Enterprises can communicate  with each other via using the over  Ledger the over Ledger portal so Legacy  Financial systems can plug in use the  apis provided by Quant and essentially  power and facilitate transactions  issuing of stable coin cbdc's Etc so  that's how the tech works  very interesting because Quant is like  this ultimate Enterprise  interoperability play so we know that  something like a DOT or an atom um have  kind of very good tech for  interoperability if we're talking about  blockchains talking to each other if  we're talking about Enterprises talking  to each other that's kind of where Quant  fits into a niche whenever I kind of  look at a crypto investment I always  look like where what Niche and what use  case is this token fulfilling I think  Quant does fulfill that void in the  Enterprise sector  um and and and this is exactly what it's  trying to do via their over ledger so we  can see here this is kind of how it  works this is how a public  permissionless blockchain works this is  how another type of blockchain works and  this is how an Enterprise permission  blockchain will work  um it kind of gives you an overview here  of what the over Ledger is we can also  see that the over Ledger Network can  link together payment apis so that that  power Amazon Google PayPal stripe Etc  with blockchains which can talk to each  other like avac um Bitcoin kanano Cosmos  ethereum and then you have n enter prize  blockchains as well um so Quant  basically kind of bundles all these  together  um in a multi-faceted way and it kind of  links all these networks together so  it's not an L1 it connects networks  together to allow Enterprise and  institutional  um oracles to transmit data to certain  networks and also connecting any network  to um to any other network at scale  without overheads or limits so that's  enough on the tech for now let's focus  on some of the catalysts that are  actually driving this latest Quant run  the first thing that I think is driving  the run and is one of the main bullish  factors behind like why people are  investing in Quant is the CEO so the CEO  um Gilbert Verdian essentially  established the iso standard for all of  blockchain so he's worked for the  Federal Reserve U.S Bank of England ISO  the UE commission e-health vocal link  the ministry of Justice UK hm treasury  Ernest and Young And even the Australian  government so he's had jobs in high  places and he has Connections in higher  places so really when you're betting a  coin you are betting on the connections  of Gilbert uh because here's the  figurehead he's the one that is pushed  through a lot of these  um Enterprise Partnerships and he does  and he's very well connected in terms of  uh the Global Payments landscape because  he has worked at a lot of organizations  which work with big payments companies  so that's one of the main reasons why  the tokens performed well um is because  of Gilbert but they also have guy  Dietrich who's the managing director of  Rockefeller Capital uh who is the big  Rockefeller money manager we know they  are one of the most Ultra Elite Rich uh  families on the planet he manages their  money and he is also on the board and  this is the only board that he is on so  he's not on the board of any other  company just Quant which is quite  interesting as well and another  interesting uh bullish factor to note  just kind of like a little hot  um hot tip off the top of my head is  that if you work at xrp they won't  actually allow you to buy quants so if  you have a job at Ripple apparently I've  just heard a rumor that if you work  there you're not actually allowed to buy  Quant maybe that's because they are  scared of coins I don't know um it's  just an interesting thing to note but  funnily enough Quant as the digital  asset investor said is is not actually  competitive with xrp it's a complement  to xrp he doesn't think it's a  coincidence that digital assets with  real utility are surging no use case no  value the utility Bull Run is the one  and this is the overarching narrative  that is driving Quant where people ask  why it's pumping it's this utility Bull  Run topic that we are hearing pop up  because people want to invest in things  that are really making a play in the  real world and aren't just driven by  panzanomics and I'm not one to come here  and say that Quant easel isn't that but  they certainly do have that narrative  and that is what's driving it so we'll  look at a couple more factors which are  driving it and then I'm going to get  into my thesis here as to whether we are  overbought or underbought you can tell  that I'm taking a bullish tone um whilst  talking about it I would say that's more  just because I'm passionate about this  stuff whether I'm bullish on a piece of  technology or a project Partnerships and  and the price that it's currently  trading at are two very separate things  and I'll make that distinguishment in a  few minutes after we finish talking  about some of the catalysts here so we  do know that it has pumped it broke  through the 200 Mark for the first time  in a while it also had an RSI two days  ago of over 75 which is very very high  this is the main reason for the price of  Quant skyrocketing and it's not the CEO  but it's actually what the CEO has been  bringing to the business and what this  is is the rise of cbdc's or Central Bank  digital currencies we know now that many  central banks across the world are now  looking to launch their own iterations  of digital currencies they are doing  this via a technology called Central  Bank digital currencies or cbdcs this is  a way for them to distribute and use um  payments like you would using fiat  currency on a digital distributed Ledger  like a blockchain network which is very  interesting there's been a lot of  backlash to cbdc's because it does allow  the government to have more control over  your money and I would say to some  extent it does degrade the essence of  why block time was created because of  the distinct decentralization and  security advantages blockchain has but  the reality is whether we like it or not  CBS cbdcs are happening  um many many central banks are now  starting to work on cbdc's I'm from  Australia I know our bank's starting to  work on them the bank of England was  starting to work on them the Central  Bank of Italy was starting to work on  them so we know for a fact that they are  starting to um kind of try to push out  these cbdc's why does this matter for  Quant well there's a lot of speculation  right now  um that the CEO Gilbert is pushing for  the Quant Network to be used in the  issuing and management of cbdc's for  Central Bank digital currencies and this  is pretty much the main factor that is  contributing to the recent rise of the  Quant price it is  um the fact that Quant could potentially  be working with cbdc's uh to start to  power these cbdcs and that is one of the  major  um drivers behind some of the headlines  we've seen lately and now the other  driver of success for the Quant network  is the demand for interoperability we  know how strong this narrative is to  enable public and private blockchains to  talk to each other with multiple  Enterprises as well and for this reason  MIT is also working with the cont  Network to create blockchain  interoperability at the scale of the  internet so the speculation that the  Quant network with its interoperability  feature will play a central role in the  development of Central Bank digital  currencies that and that have may have  contributed to the rally in recent weeks  as well Quant also got headlines for its  work with the bank of England on working  on their digital pounds so England could  be one of the first countries where we  see Quantum used in this uh way and just  last weekend Executives attended Swift  cybers conference which focused on  digital payments so we know the Swift  narrative is very strong with xrp with  Quant there's many other um projects  under that category as well  and the iso standard is something that  Quant falls under and we and I'd already  talked about before guy Dietrich work  the managing director at Rockefeller  Capital who joined the Quant Network as  a board member in 2009 we know the  connections  um that uh Gilbert actually has he said  by the way this is a little bit of alpha  um or I mean it's already on Twitter but  I'm providing to you guys now this is a  tweet that the CEO put out a couple  weeks ago  um and he put this out on telegram he  said that digital assets will be listed  on traditional exchanges by the end of  the year we're already seeing the  adoption of this with sax and sdx in  Europe where working with the ax to  bring more digital assets Securities and  tokenized assets to 800 institutional  traders in an already live and connected  finra and SEC regulated exchange if this  isn't adoption by Wall Street I don't  know what is kind of interesting stuff  there on the con side it gives a lot of  tidbits on the telegram but investing in  a project  um can lead you Australia unless the  tokenomics are good and I think this is  the other bullish Factor driving Quant  it is it's tokenomics it is a very  scarce  um asset so it has a high scarcity and  low and low token velocity it's total  Supply is 14 million so the utility of  the Quant token itself is when you  purchase an Enterprise license if you  are a business wanting to use the Quant  Network you will need to purchase that  using Quant tokens similarly to if you  were a polka dot powertrain wanting to  build on polka dot you need to purchase  and stake dot tokens if you're an  Enterprise wanting to use the Quant  Network you will need to purchase an  Enterprise license in Quant tokens the  platform also takes a percentage of  transactions so Quant essentially being  burnt developer licenses are also  required in Quant ID and accounts  there's also Quant staking and  transaction processing that is the  utility for the Quant token so an  Enterprise license requires paying Quant  the price to obtain this license is  fixed in Fiat meaning if the price of  Quant goes up since the Fiat amount  stays the same they will need to buy  more Quant to match that specific value  because Fiat is converted into Quant  from the treasury so there isn't a need  to purchase it from The Exchange the  amount of Quant that was paid to obtain  a license will be locked up for 12  months so it's also locked which reduces  some of the um the the supply pressure  coming onto the market transaction  processing Quant tokens are used to sign  encrypt and validate all transactions on  the network gateways earn Quant for  transaction processing so the the more  transactions you process the more Quant  you earn similarly to how a Bitcoin  miner would earn Bitcoin through mining  or an ethereum Staker would earn  ethereum through staking similarly to  that and another thing you should  consider  um is he says people like you are  holding Quant for the long term most of  us don't plan on giving up Quant anytime  soon there's a lot of us reducing the  Quant in circulation and even more so  there's also a demand side Factor as  well so the tokenomics are one of the  reasons why it's performing well because  of its high scarcity if we go on to coin  gecko we can see that it's almost fully  diluted 14.5 out of 14.6 no crazy  emissions to dump on your head  um and a market cap of 2.8 billion  dollars to fully dilute it is obviously  pretty much the same as well so with all  that stuff being said you guys now know  what Quant does you know it's an  interoperability blockchain you know  that it's being used to power cbdc's you  know that it is being used for an  Enterprise use case similarly to an xrp  the question is now is that enough to  justify a 2.8 billion valuation now I'll  give you my opinion on this this is  obviously not Financial advice because  at the end of the day this is personal  opinion whether you think it's worth 2.8  billion dollars is different to if I  think it's worth 2.8 billion billion  dollars all I can tell you is whether I  think it is worth it or not right now  there is one worrying factor for Quant  obviously it has come down from 216  dollars back down to to 182 and I think  one of the reasons for this is binance  adding futures for Quant now you might  think on face value Finance adding  futures for Quant that's bullish now  more people can trade Quant but it's  actually a bad thing because typically  when we see Futures being launched for  tokens that have performed very well  it's because there's the demand to  actually short those tokens and although  this can be used on the flip side  argument of demand for longing tokens on  Leverage typically we do see perps um  utilized in terms of a listing if there  is a high demand for shorting it being  listed on Futures does open up demand  for shorts a little bit more so or at  least accessibility for shorts more so  than if um it just had a spot trading  market so one of the early indicators  that we may be reaching a top we have  seen this before when other assets start  to top they will get a Futures listing  on like a binance or a buy bit and that  is one of the main um the main kind of  telltale signs that we are approaching  at least a local top I did a tweet on  this um which kind of sums up why Qantas  bullish it's use case for cbdc is the  CEO interoperability it's Partnerships  with CLR chain and Oracle its prices up  here for heaps that social engagement is  up heaps but this is also a backfired  argument as well um because although the  price is up 390 and the social  engagements up 222 I have not seen this  amount of Shilling on a token in a long  long time and I haven't seen  um I haven't gone onto my feed and seen  so much Quant stuff in a while like I  literally went through Twitter yesterday  which is which is kind of crazy and  typically when this happens it is  usually an indicator not always but  usually an indicator that we are  reaching some sort of top  um on a token and that is what worries  me about investing in Quant at these  levels it's the fact that it's so hyped  it's being talked about so much the  social engagement is so strong it it's  so bullish that that it hurts and  usually when something is so bullish  that it hurts that's not the time to be  buying and usually when something is so  bearish that it hurts that's not the  time to be selling you guys know like  when when the price of an asset is at  its lowest that is when you feel your  worst and when the price of an asset is  at its highest that's when you feel like  a genius and you want to buy more so  when it comes to Quant I am very  cognizant of past mistakes when it comes  to trading altcoins and I am being a lot  more measured with my approach to  getting entries now have we verified  that that Quant is a good project in my  opinion I think it is a good project now  whether they can succeed on this  Enterprise vision and actually power  cbdc's we don't know yet because  although the Quant economics are very  good it does rely on real adoption I do  think the CEO is one of the the best  people to drive this forward and I do  think the team with their Partnerships  is the best team to drive this forward  in terms of actually achieving that  Vision but there's no guarantees just  because they have big Partnerships that  they can execute and really get  traditional Financial adoption so  although I think it's good Tech there's  no guarantees there so we have to be  wary of that when we're doing crazy  price models based on the tokenomics  which are objectively pretty damn good  but in terms of its latest pump in the  price it does make it hard to buy in at  these levels so this is something that  I've now got on my radar for next cycle  we've missed the big move if you own  Quant now you're very happy and I think  you know you you could probably hold it  completely up to you what you do but you  know you'd probably feel safe holding  this for for the long term for me since  I don't have an initial entry it's on my  radar for next cycle but I won't fomo in  at these levels now if we do get a big  big pullback maybe if it pulls back at  40 50 over the next few months if we do  see a drop in the Bitcoin price this is  definitely one that's on my accumulation  list because the vision that they're  trying to execute is a multi-year vision  and I don't see this as something that's  just going to play out in Q4 so anyone  on Twitter telling you that this has got  a pump in the next couple of months and  you're going to miss it to a thousand  dollars like the title says I don't  think that's the case now in on the  thumbnail I said Quant to one thousand  dollars question mark I will answer that  question because I always believe in  addressing the thumbnails in the videos  of course  um and I don't think that's happening  this year I think that's ludicrous  anyone saying that over the long term  sure over a four to five year time  Horizon it could I don't see that  happening within the next six months to  be completely honest with you and that's  just my opinion I may be wrong but just  based on what I've seen when the tokens  this hyped typically  um there is definitely a cooldown could  it go on another leg up for sure but  that's not a reason to fomo in because  whenever we open a trade it's about a  risk reward right it's always about the  the potential upside versus the  potential downside and yeah you could  squeeze another 2x out of this right now  and you could make some good money and  if you're a Trader you may enjoy trading  this token but at the same time the risk  to the downside is also 70 80 90 and I  don't think the risk to the upside  necessarily outweighs that in the short  term now in the long term I think it  definitely could and it's that's why  it's one I've got on my radar for next  cycle I would just love to see some of  these Partnerships  um developing some fruits I would love  to see some actual usage on this chain  before I invest based on speculation  however the tech is very promising so  yeah it's on my radar I'm not buying a a  crap ton now but it's definitely one  that I've got on my radar and I think it  really does highlight the iso narrative  as a whole potentially we take a look at  some of these  um other projects which are slightly  less hyped in the market there are a  couple that I'm looking at you've got M  um MNT or is it mwt you've got dag you  you've got hedera that's doing a similar  thing uh you've got some other payments  networks xrp being one of the major ones  there are a few networks that  potentially can um that haven't rallied  that can rally in a similar fashion to  what Quant has but I think that is a  topic for a future video because  um I would love to do a deep dive on  some of these and give you more in-depth  information you guys know right now I am  very much so in research mode I'm  spending hours and hours and hours a day  researching small caps I have found a  couple very promising ones I'm just  obsessed with researching small caps at  the moment and hopefully um I can help  you guys out with giving you some tokens  that I think can perform extremely well  next cycle that can 5100x obviously it's  wishful thinking but genuinely some of  the tokens I've come across I I I'm  baffled why they're so cheap I mean  that's that we'll keep getting into  those in the shows and I appreciate  everyone that is watching the shows  every single day so let me know what you  think of Quant in I'm sorry I'm just  us Dusty in this room  damn really dusty um let me know what  you think of con in the description uh  in in the comments sorry uh do you like  Quant do you not like Quant is it  something you're buying are you not  buying I'd love to hear your opinion  also make sure you smash the like button  if you did enjoy this video And  subscribe for future content I want to  go live now though on Instagram because  uh I wanna have a little bit you guys I  haven't done this in a few days I  haven't gone live on Insta so let me  just log into my account and click going  live my this is my Instagram by the way  guys uh tomorrow's underscore Deutsche  because some of you may have more  questions on Quant maybe some of you may  have more questions on some of the old  coins uh I've been talking about and if  you want to ask those questions why not  do so on the Instagram so Link in the  description to that you should be able  to see it underneath the exchange links  here give me a follow if you're not  already following I do follow some  people back for following me and yeah  we'll we'll hang out on Instagram for a  little bit  there's a fake crypto over here but I'm  going to follow a couple of you guys  back now all right cool I'll see you  over there I'm live right now on my  other screen and I'll catch you in the  next one  peace out