How does the circulating supply of QNT affect its price?

1 answers

• Jacobson LaugesenNov 14, 2024 · 9 months ago
  The circulating supply of QNT is a crucial factor that can impact its price. As more QNT tokens enter circulation, the supply-demand dynamics come into play. In general, an increase in the circulating supply can put downward pressure on the price, especially if the demand remains constant or decreases. However, it's important to note that the circulating supply is not the only factor that affects the price of QNT. Other factors such as market sentiment, investor confidence, and overall market conditions also play a significant role. Therefore, while the circulating supply is an important consideration, it's crucial to analyze the broader market factors to understand the price movements of QNT.
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