Quant
Why Quant is down 1.7% in the last hour
Analysis
Quant (QNT) dipped 1.7% over the past hour as broader market cooling weighed on altcoins, even as some tokens had recently shown relative strength. CryptoPotato noted that QNT was “defying” the wider market correction, but with BTC “settling after [a] wild ride,” short-term profit-taking and normalization can still pull QNT lower alongside the market.
Contributing Factors (1)
QNT and NIGHT Continue to Defy Market Correction, BTC Settles After Wild Ride: Weekend Watch
In contrast, PENGU and LIT have slumped hard.
Move Details
Explanation Confidence
High confidence in the explanation based on source reliability and timing.