Quant Token Surges 30% as CEO Predicts Crypto Outlook in 2023
• Quant price has surged 2.8% to $141.43 in the past 24 hours, with a 24-hour trading volume of $59.7 million and a live market cap of $2.05 billion.
• Quant founder and CEO Gilbert Verdian recently made predictions for the crypto outlook in 2023.
• He believes that 2023 will see more stringent regulations as governments and regulators acknowledge the need for supervision of crypto exchanges.
The crypto market has experienced significant growth over the past few weeks and the Quant token has been no exception. In the last two weeks, Quant’s price has surged by 30%, with a 24-hour trading volume of $59.7 million and a live market cap of $2.05 billion. This has been bolstered by a 2.8% increase to $141.43 in the past 24 hours. The Quant token currently ranks #30 on CoinMarketCap.
In light of this, Quant founder and CEO Gilbert Verdian recently published a blog titled DLT in 2023: Out of the Blocks. In it, Verdian makes predictions for the crypto outlook in 2023, focusing on the interplay between distributed ledger technology and the financial services sector. He believes that only 1% of developers currently have the specialist knowledge required to work with digital ledger technologies.
Verdian argues that 2023 will see more stringent regulations as governments and regulators acknowledge the need for supervision of crypto exchanges. They cannot continue to expose consumers to unsupervised exchanges that seemingly have a license to print money while delivering stark losses for those who could least afford it. In this regard, Verdian believes that the crypto market can act as a contagion to the financial services sector, helping to drive innovation and provide more secure services for customers.
Overall, it is clear that the crypto market has experienced significant growth over the past few weeks and the Quant token has been no exception. With predictions being made for the crypto outlook in 2023 and more stringent regulations expected, it will be interesting to see how the crypto market evolves in the coming months.
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