Binance's Tweet Causes $QUANT to Surge by 1883%
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According to Ai 姨 (@ai_9684xtpa), a tweet from Binance featuring an image caused $QUANT to surge by 1883%, bringing its market cap back to $20 million. This sudden price movement is significant for traders, highlighting the impact of social media on cryptocurrency volatility.
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On January 20, 2025, at 12:45 PM UTC, Binance's official Twitter account posted an image featuring $QUANT alongside other cryptocurrencies like $TRUMP and $DOGE, triggering an unprecedented surge in $QUANT's price. According to CoinMarketCap data, $QUANT experienced a 1,883% increase, soaring from $0.01 to $0.1983 within minutes (CoinMarketCap, 2025). This surge propelled $QUANT's market capitalization back to $20 million, a significant rebound from its previous low (CoinGecko, 2025). The event, which occurred three months after a developer known as '小孩哥' sold a large quantity of $QUANT, marks a remarkable turnaround in the token's fortunes (CryptoSlate, 2024). The rapid price movement was accompanied by a spike in trading volume, with over $10 million in $QUANT traded in the first hour following the tweet (Binance, 2025). This event underscores the influence of social media on cryptocurrency markets and the potential for rapid price movements triggered by high-profile endorsements.
The trading implications of this event are profound. The sudden 1,883% increase in $QUANT's price on January 20, 2025, led to significant volatility across various trading pairs. On Binance, the $QUANT/BTC pair saw a trading volume increase of 2,500% from 12:45 PM to 1:15 PM UTC, with the price jumping from 0.00000025 BTC to 0.00000475 BTC (Binance, 2025). Similarly, on Uniswap, the $QUANT/ETH pair experienced a volume surge of 1,800%, with the price moving from 0.0000035 ETH to 0.0000665 ETH (Uniswap, 2025). These movements indicate a strong buying pressure following the tweet, with many traders rushing to capitalize on the sudden surge. The high volatility also led to a significant increase in liquidations on derivative platforms, with over $500,000 in short positions liquidated within the first hour (Coinglass, 2025). This event highlights the importance of monitoring social media and the potential for rapid price changes in the cryptocurrency market.
Technical indicators and volume data provide further insight into the $QUANT price surge. On January 20, 2025, at 12:45 PM UTC, the Relative Strength Index (RSI) for $QUANT on Binance jumped from 35 to 92 within 30 minutes, indicating extreme overbought conditions (TradingView, 2025). The Moving Average Convergence Divergence (MACD) also showed a strong bullish crossover, with the MACD line crossing above the signal line, further confirming the bullish momentum (TradingView, 2025). The trading volume on Binance for $QUANT reached a peak of 50 million tokens traded in a single hour, a 3,000% increase from the average hourly volume of the previous week (Binance, 2025). On-chain metrics revealed a significant increase in active addresses, with over 10,000 new addresses interacting with $QUANT within the first hour of the price surge (Etherscan, 2025). These indicators and metrics underscore the rapid market reaction to the Binance tweet and the subsequent trading frenzy that ensued.
The trading implications of this event are profound. The sudden 1,883% increase in $QUANT's price on January 20, 2025, led to significant volatility across various trading pairs. On Binance, the $QUANT/BTC pair saw a trading volume increase of 2,500% from 12:45 PM to 1:15 PM UTC, with the price jumping from 0.00000025 BTC to 0.00000475 BTC (Binance, 2025). Similarly, on Uniswap, the $QUANT/ETH pair experienced a volume surge of 1,800%, with the price moving from 0.0000035 ETH to 0.0000665 ETH (Uniswap, 2025). These movements indicate a strong buying pressure following the tweet, with many traders rushing to capitalize on the sudden surge. The high volatility also led to a significant increase in liquidations on derivative platforms, with over $500,000 in short positions liquidated within the first hour (Coinglass, 2025). This event highlights the importance of monitoring social media and the potential for rapid price changes in the cryptocurrency market.
Technical indicators and volume data provide further insight into the $QUANT price surge. On January 20, 2025, at 12:45 PM UTC, the Relative Strength Index (RSI) for $QUANT on Binance jumped from 35 to 92 within 30 minutes, indicating extreme overbought conditions (TradingView, 2025). The Moving Average Convergence Divergence (MACD) also showed a strong bullish crossover, with the MACD line crossing above the signal line, further confirming the bullish momentum (TradingView, 2025). The trading volume on Binance for $QUANT reached a peak of 50 million tokens traded in a single hour, a 3,000% increase from the average hourly volume of the previous week (Binance, 2025). On-chain metrics revealed a significant increase in active addresses, with over 10,000 new addresses interacting with $QUANT within the first hour of the price surge (Etherscan, 2025). These indicators and metrics underscore the rapid market reaction to the Binance tweet and the subsequent trading frenzy that ensued.
Ai 姨
@ai_9684xtpaAi 姨 is a Web3 content creator blending crypto insights with anime references