Quant Eyes $75 Whilst Whales Add New Gambling ICO To Their Holdings
12 September 2024 - 12:00AM
NEWSBTC
In the world of cryptocurrency, both established giants and
emerging tokens are capturing the attention of investors.
Recently, Quant (QNT) has shown signs of a strong bullish
trend, while whales are eyeing new opportunities in the
fast-growing gambling token Mpeppe (MPEPE). As Quant (QNT)
positions itself for a rally, investors are strategically
diversifying into Mpeppe (MPEPE), which promises significant
returns. Quant’s Bullish Breakout Quant (QNT), a blockchain
technology company focused on improving the interoperability of
networks, has recently broken out of a falling wedge pattern—a
signal for a potential bullish rally. This technical movement has
drawn the interest of traders, with the token’s price rising by 2%
on Monday to $70.5. The breakout indicates a possible rally towards
the $85.2 resistance level, a 20% increase from its current
position. Quant (QNT)’s on-chain data further supports
this bullish outlook. According to Coinglass, open interest in
QNT futures has seen a significant rise, indicating new capital
flowing into the market. As more investors enter the
market, Quant (QNT) is poised for a continued upward
trend, with expectations of testing higher resistance levels. Whale
Activity and Decreased Exchange Supply One of the key factors
driving Quant (QNT)’s bullish momentum is the growing whale
activity. The Exchange Flow Balance, which measures the
movement of tokens in and out of exchange wallets, recently showed
a negative spike, indicating that more Quant (QNT) tokens are
leaving exchanges than entering. This drop in exchange supply
suggests that investors are holding onto their QNT, reducing
selling pressure and boosting confidence in a price rally.
Additionally, the number of daily active addresses on
Quant (QNT)’s blockchain has surged, from 531 to 2763 within just a
few days. This significant rise points to increased blockchain
usage and demand for Quant (QNT)’s services, further solidifying
the bullish sentiment surrounding QNT. Mpeppe: The New ICO Whales
Are Adding to Their Portfolios While Quant (QNT) is experiencing a
bullish breakout, another token has captured the interest of large
investors, Mpeppe (MPEPE). This new gambling ICO has been gaining
momentum, particularly among whales looking for the next
high-reward investment. Mpeppe (MPEPE) offers a
decentralized gambling platform that merges DeFi and gaming,
creating a unique and attractive ecosystem for both casual users
and serious investors. Whales have started to
accumulate Mpeppe (MPEPE) tokens in anticipation of
significant returns, especially as the gambling sector in crypto
continues to expand. With predictions that Mpeppe (MPEPE) could
experience a massive surge in value, similar to other successful
meme coins, the token has already started making waves in the ICO
space. Quant’s Rally Supported by Strong Market Indicators Aside
from whale accumulation, Quant (QNT)’s rally is supported by
several critical indicators. The Relative Strength Index
(RSI) and Awesome Oscillator (AO) both indicate that
the momentum is shifting towards the bulls. The RSI has surpassed
its neutral level of 50, while the AO is on the verge of crossing
the zero line, both of which are positive signs for continued
upward price movement. Quant (QNT)’s on-chain
data further reinforces the bullish sentiment. The exchange
flow balance has shown a notable reduction in the number of QNT
tokens on exchanges, dropping by 5.38% in a short period. This
reduction in supply reflects increased investor confidence, as more
tokens are being held in wallets rather than sold. What’s Next for
Quant and Mpeppe? Quant (QNT)’s current bullish trend, supported by
strong on-chain data and whale activity, suggests a potential rally
towards $75 or even $85.2 in the near future. However, investors
should keep an eye on the key support level at $67.4. Should QNT
fall below this, the bullish outlook could be invalidated, and a
drop to $56.8 could be possible. Meanwhile, Mpeppe
(MPEPE) continues to attract attention as one of the most
exciting new ICOs. The token’s unique approach to combining
gambling and DeFi has positioned it as a strong contender in the
meme coin space. As whales increase their holdings of Mpeppe
(MPEPE), the token is set for potential exponential growth, making
it a must-watch for investors looking for high-reward
opportunities. Conclusion Both Quant
(QNT) and Mpeppe (MPEPE) are making headlines, with
Quant (QNT) showing signs of a strong rally and Mpeppe (MPEPE)
gaining traction among whales. While Quant (QNT) benefits from
robust on-chain data and a bullish breakout, Mpeppe (MPEPE) offers
investors a chance to capitalize on the emerging gambling sector in
crypto. As the market evolves, both tokens are set to provide
unique opportunities for those looking to maximize their returns.
For more information on the Mpeppe (MPEPE) Presale: Visit
Mpeppe (MPEPE) Join and become a community member:
https://t.me/mpeppecoin
https://x.com/mpeppecommunity?s=11&t=hQv3guBuxfglZI-0YOTGuQ
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