Quant (QNT) had its own share of losses from the FTX crash – an event that became a cliffhanger for the price that almost fell from the $100 zone.
Today, Quant (QNT) is officially over the FTX drama after securing a strategic partnership with UST to support the financial markets industry’s digital transformation.
Analysts cautioned traders to maintain an observant attitude while the bears take the driver’s seat and advised them to look into The Hideaways (HDWY) for better long-term opportunities.
Quant (QNT) Inks a Deal with UST, Price Jumps
Quant (QNT) updates its first major partnership in a long time. The network signs an agreement to work with UST to assist financial institutions, particularly commercial and central banks, towards their digital transformation goals.
The partnership will focus on the swift migration of traditional services to digitization, with ledger technology, tokenization, and digital money, among others.
Quant (QNT) investors welcomed the recent update with enthusiasm. The price climbed 7% to $110.31 in the 24-hour charts.
Quant (QNT) Bears Run the Charts
Despite the recent update, analysts noted that the bull takeover will not last long. Quant (QNT)’s price remains 37% off in the 30-day charts – a disappointing performance as The Hideaways (HDWY) saw a spike in demand over the same period.
Quant (QNT)’s EMA reveals a bearish dominance, with the 50-day EMA steady above the 20-day EMA.
Analysts predict QNT will end the year at the $115 to $120 zone – a price that’s just up by a few basis points from its current price. In a bearish scenario, a dip to the $90 zone can happen if buyers meet multiple rejections in the $130 zone – a resistance buyers currently target.
The FTX crash will spill over from the crypto industry to traditional financial institutions invested in digital assets, thus causing early roadblocks on Quant (QNT)’s latest partnership.
Analysts Advice Investors to Look Over to The Hideaways (HDWY)
Analysts say jumping into The Hideaways (HDWY) will be more beneficial than riding on Quant (QNT)’s latest bull run.
The Hideaways (HDWY) is a presale token showing the same level of stability as other crypto majors. Thanks to its real estate background, investors are guaranteed they’re not putting money into a defunct project.
The Hideaways (HDWY) is the first to offer NFTs backed by real-world assets. These are not just regular assets – they are selected by top portfolio managers according to their potential to give out the highest monthly rental yield to ensure owners get the most out of their investments.
HDWY is currently selling at $0.10. For a high-potential token packed with stability, you are scoring the best investment of 2022 for less.
Website: https://www.thehideaways.io
Pre-Sale: https://ticket.thehideaways.io/register
Telegram: https://t.me/thehideawayscrypto
Twitter: https://twitter.com/hdwycrypto