The Quant Network’s QNT cryptocurrency continues its rise despite the negative state of the cryptocurrency market
After adding more than 20% in value in the past week, QNT's total increase since the beginning of autumn has already reached 80%.
It could be argued that the recent QNT price pumping was due to Sibos, the world's largest conference dedicated to financial services.
The conference hosted by SWIFT, whose CBDC ideas were presented a few days ago, is hosting several thousand participants, including Quant Network executives, who will speak on October 13, so more volatility can be expected.
Quant Network is the only simple and secure platform that provides easy connection to any DLT in the world as per the project white paper.
Quant Network aims to capture a significant portion of the CBDC market in the future.
The company already has the expertise to deal with government cryptocurrencies, after joint experiences with the Bank of England on the digital pound
As for the QNT cryptocurrency price explosion, it was after breaking through the resistance level set at $150.5 today.
Boosting above this level can send QNT up in search of a fair price that is what the project offers.
