Why has QTUM been so strong recently? Can it still be purchased?



Let me share my own opinion:
First, cause analysis:
1. Sector Attribute: QTUM belongs to the "Hong Kong concept", and recently the overall Hong Kong sector has strengthened, which will naturally drive QTUM.
2. Narrative Logic: One of the earliest public chains in the country, with a historical foundation, the combination of "domestic public chain + Hong Kong concept" makes it regarded as a traditional and established coin in the eyes of investors.
3. Price Position: The last bull market peaked at $35, and now it is only a few dollars, showing a clear advantage at a low position, with significant room for appreciation. Once old coins attract attention from funds, they can quickly rebound.

Operation suggestions:
Short-term: It has already risen, and chasing the high carries significant risk. It is best to wait for a pullback to confirm support before considering entry.
Medium to long term: Low position, combined with the Hong Kong sector market, has potential for a rebound. You can gradually accumulate small positions, but do not go all in.
#打榜优质内容# #ETH创历史新高#
QTUM-2.59%
ETH5.74%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 2
  • Repost
  • Share
Comment
0/400
GreatNewsvip
· 23h ago
Hold on tight, we are about to To da moon 🛫
View OriginalReply0
StarAssetvip
· 23h ago
Hold on tight, we are about to To da moon 🛫
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)