QTUM is currently seeking a rebound around the 1.5 level. In the short term, the first target range is 1.8~2, with further upside potential if that level is broken.
From a historical perspective, this project hasn't been particularly eye-catching. In the last bull market, it surged to 36 in 2021, followed by sustained pressure, dropping to a low of 1.1 last year before rebounding to 1.5 this year. While volatility is high, the gains have been modest until recently when activity has picked up again.
There are several catalysts worth monitoring. QTUM is developing a new version of Metamask Snap functionality, planning to integrate USDC, while the team is preparing a hard fork upgrade. From a technological iteration perspective, these represent substantive progress.
To be honest, QTUM is an older coin and the project team has always kept a low profile. But based on past performance, once projects like this show signs of breaking out, the gains often can't be stopped. Considering the current price is only 1.5 and there are favorable catalysts in the near term, this position isn't particularly high and could be worth building a position.
QTUM is currently seeking a rebound around the 1.5 level. In the short term, the first target range is 1.8~2, with further upside potential if that level is broken.
From a historical perspective, this project hasn't been particularly eye-catching. In the last bull market, it surged to 36 in 2021, followed by sustained pressure, dropping to a low of 1.1 last year before rebounding to 1.5 this year. While volatility is high, the gains have been modest until recently when activity has picked up again.
There are several catalysts worth monitoring. QTUM is developing a new version of Metamask Snap functionality, planning to integrate USDC, while the team is preparing a hard fork upgrade. From a technological iteration perspective, these represent substantive progress.
To be honest, QTUM is an older coin and the project team has always kept a low profile. But based on past performance, once projects like this show signs of breaking out, the gains often can't be stopped. Considering the current price is only 1.5 and there are favorable catalysts in the near term, this position isn't particularly high and could be worth building a position.