Quant (QNT) has experienced a substantial price surge, reaching $147, which marks a nine-month high for the altcoin. This rise is part of a broader rally in the altcoin market, which has significantly boosted the global cryptocurrency market.
The global cryptocurrency market capitalization has seen a 2% increase, and trading volumes have surged by 24% in the last 24 hours. This indicates a strong increase in market activity, as investor interest in cryptocurrencies continues to rise.
During this bull run, several major cryptocurrencies have also recorded significant milestones, with XRP being one of the standout performers alongside Quant. The overall positive momentum in the market is fueling speculation about potential future price movements, including whether QNT could break past the $200 mark.
