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A great performing project for the first leg of February, Quant (QNT) has spiked all the way up to $8 from a starting point of $2 at the beginning of the month.
Quant (QNT) operates with Overledger, described by the company as “the world’s first blockchain operating system”. It is also explained as a “ledger of ledgers”, enabling smart contract recognition across different blockchains.
It’s latest, apparently still ongoing bull run seems to be at least partially triggered by its listing on Bittrex, in what supposes the first well-known exchange for a project which, according to Coingecko, sees over 60% of its trading volume coming from the rather unknown and not too well reputed FatBTC exchange.
As the graph above shows, Quant (QNT) is gaining market capitalization fast: from around $17 million at the end of January, it has about tripled to mark ATH just below $50 million. Today, the token ranks 75th in CoinMarketCap.
Oracle partnership: more fuel for the bull run?
Despite losing about 6% during the last 24 hours following extended gains the day before, Quant (QNT) is releasing some good news today. According to a post on the company’s blog, the Quant Network has just been accepted into the Oracle Start-up Ecosystem, a program that attempts at enabling start-ups to scale and generate growth for themselves and their potential customers, one of which could very well be the American multinational tech, software and cloud apps corporation. A clear leader on their sector, last year Oracle boasted a revenue of $39.83 billion.
Partnerships where large firms help cryptocurrency projects in the start-up phase to develop have shown interesting results recently, such as the viability of accepting Stellar payments for content in the largest European publishing house, Axel Springer, after they took payments processor company SatoshiPay under their wing.
Read more: Largest European publishing house to accept Stellar payments for content; TRON looks at "partnership opportunities" with Oracle