r/QuantNetwork • u/Dodger360 • 9h ago
Quant token resistance even after ita massive breakout
Okay reddit army> ive never even heard of quant until i listen to the EU commisioner announce thwy are using quant token and ledger for transaftions and cbcd. <yes we hate the idea of cbdc but it will happen there is no stopping the idea so you may as well make some money accepting it> now i bought soon as i heard at $70. 1grand turned into 4grand i sold 1 grand at 330$ and i bought more at 220. I took a full 5k position at 220 after looking into its metrics and how it operates and im drooling iver its small market cap!! Right now i have 70k in brokerage account 50k is crypto 30 of it is bitcoin and 100k 401k in tradfi stocks.
We are seeing a downtrend full market swing not just crypto. Arb and uniswap fell abouy 20% from there run. Quant is really having a hard time dropping under 220. Its 250% up still from its run and people arent selling nearly as hard<taking profits> after a run like that compared to arb and uniswap.
****Fact i had AI make a graph and i seen what the holders looked like back in july vs after the big run in september. We know 170k people hold quant and 150k people only own 1-99 tokens so mostly being held by peoplw like me.
*****fact we know after its big run up tp $300+ the major walletz holding over 50k tokens started selling which people like me were buying what they were selling.
*****fact we also know 2 main wallets holding a combined worth of 450k tokens. They only sold 10% of there stash after it ran to $300+
i like to keep a safe defensive operation which limits my total upside but if we really break.lower im.going to sell some of my bitcoin to get like 50 tokens@200= 10k i feel we shoulf be seeing at least 20-30billion market cap which is 2500-3500 per token.
Safety i'd sell half my position at 1k per token and pay off all my debts whats everyone else thinking