Quant (QTN) and Fantom (FTM) are both experiencing downturns in price and trading volume. However, analysts hold a more favorable outlook for Fantom (FTM). In this article, we will explore these developments and their impact on investors.
Also, we discover Zig Network (ZIG), examining its potential contributions to the market and why investors are so invested in its future.
Quant’s community remains bullish despite a significant downturn
Quant (QNT) has not escaped the recent market downturn with its price falling 23% from $80.66 to $61.91. This trend has been reflected in its trading volume which has dropped by 60% in the past few days, currently at $7.56M. Despite this, the Quant (QNT) community is still in high spirits as sentiment remains over 80% bullish. Looking at its performance in 2024, Quant (QTN) has experienced a 42% decline.
Quant (QTN) entered the market as a blockchain operating system designed to solve the interoperability problem. Early investors who recognized the idea’s potential profited significantly during Quant’s 2021 run to an all-time high of $428.38. Now, some of these investors are excited by Zig Network’s potential and the quality of the community it aims to build.
Fantom (FTM) rises by 200% in 2024
Fantom (FTM) experienced a 5% decline over the past month, falling from $0.70 to $0.66. Its trading volume has also seen a significant drop, similar to Quant (QTN), by about 60% in the past few days. Nevertheless, community sentiment is about 90% bullish. Unlike Quant (QTN), Fantom (FTM) has demonstrated an impressive yearly trend, rising by 200%. As a result, some analysts predict that Fantom (FTM) could recover and cross $1 before the end of 2024.
Fantom (FTM) began its migration to Sonic (S) in August. While the rebrand is already complete, the full migration is expected to be finalized by the end of 2024. This transition promises faster transactions, reduced costs and shorter confirmation times.
Zig Network (ZIG) is dedicated to maintaining top-notch infrastructure
Quant (QTN) and Fantom (FTM) investors are excited by Zig Network’s potential. What sets Zig Network (ZIG) apart? Zig Network (ZIG) is a layer 1 blockchain designed from the ground up for revenue-sharing. After a defined period, revenue generated from partnerships, staking and transaction fees is distributed back to the community. The earnings are allocated in proportion to the holdings, ensuring that rewards are consistent with investments.
Zig Network (ZIG) is dedicated to maintaining top-notch infrastructure and its modular design facilitates the seamless integration of new features. Zig Network’s consensus model combines Proof of Stake (PoS) and Delegated Proof of Stake (DPoS).
Token holders can participate and earn rewards in staking programs and lucrative VIP programs. Additionally, their involvement in key decision-making processes enables them to influence the future of Zig Network (ZIG). Our pick of the week for top crypto investment goes to Zig Network.
To find out more about Zig Network, use the links below:
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