QNT hits 38.39% in 24 hours, supporting multiple altcoins up and running.

What's this about?

During the 24 hours of the 25th, QNT traded up,3,200 while NEAR traded down.4.94 According to price data from HTX reported by BlockBeats,QNT was trading at0.5578 dollars or about32.43% baht whereas NEAR stood at29.90% dollars or around 161 baht.

In addition to QNT and NEAR, several altcoins followed suit such as ONDO, XPL, BROCCOLI714 and FET. The overall picture of this period is interpreted as a buying force that extends from some tokens to many listings in the market.

Important numbers to know.

In this reported dataset, the toys with the highest rate of increase were QNT followed by ONDO priced at 0.5578 USD; NEAR increased 17.72% and XPL increased 29.90% while BROCCOLI714 increased 25.45% and FET increased 22.02%.

Why is this seen as expanding purchasing power?

Multiple simultaneous price moves have led market observers to believe that this move is not caused by a single token, but signals that buying forces may be spreading to other altcoins as well.

For the general reader, this event is not just a QNT or NEAR price news but reflects that the crypto market during the 24 hours of the 25th had broader movements compared to when there were only one or two assets up.

What's next for Thai crypto market watchers?

Notice that this is short-term data, not long-term.

All the numbers are for a 24-hour period on the 25th, which is good to use as an indication of that day's market atmosphere but cannot be used to predict what long-term trends will look like.

2. Look at the source of the price.

BlockBeats reports by quoting prices from HTX, which may differ from the price in other markets at the same time, so comparison of prices with platforms or markets that readers actually use is a good step to take.

3. Look at the reporting currency.

The base price is in dollars, the baht is an approximate value from original data such as QNT at 98.02 USD about 3,200 Baht and NEAR at 4.94 USD about 161 Baht for Thai market watchers.

The limitations of this data.

This data only covers the price and rate of change over a 24-hour period on the 25th, as reported by BlockBeats citing HTX. It does not specify an exact month or year and gives no in-depth details about trading volumes, market conditions or specific reasons for each token's uptrend.38.39%

So the movements of QNT, NEAR, ONDO, XPL, BROCCOLI714 and FET in this report are short-term market data retrospective that is used to understand the bitcoin atmosphere on that day rather than being summarized as a long-term direction.