Duncan
Quanto has done an average of 564K $QTO in fees per day over the last 2 weeks. 70% of those fee...
227 days agoDuncanFloodCapital
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Note: AI-generated summary based on third-party content. Not financial advice. Read more.
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Quanto ($QTO) has averaged 564K $QTO in daily fees over the past two weeks, with 70% of fees burned, equating to an annualized burn of ~144M $QTO. With a circulating supply of 575M $QTO, this implies a ~4x price/burn ratio. The platform's unique ability to use any altcoin as collateral for perpetual futures, combined with increasing daily volume, suggests strong potential for growth despite its current low market cap (~$9M FDV) and inherent risks.

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Duncan

Duncan

By FloodCapital

Investing content focusing on $GLXY and AI Robotics the two largest opportunities I see in the world right now. Not affiliated with @thinkingusd.