Introduction

Quiztok (QTCON), the native token of the fast-growing chatbot project, has climbed more than 237% in the past seven days.

This surge has cemented the token’s position as the biggest gainer among the top 500 crypto-assets.

Starting in July, QTCON’s latest boom followed the first half of the year. Despite an intermittent recovery in the broader cryptocurrency market, the coin remained below the critical $0.0024 threshold, weighed down by bearish sentiment and waning investor interest.

Initial bullish moves for the asset began in June as it saw renewed interest from market participants. However, this climb maintained a moderate pace through July, coinciding with a series of ecosystem developments associated with the project.

Quiztok Initiatives

The Quiztok development team unveiled a handful of initiatives during the second quarter of 2023. These included an AI-driven quiz system and Quiztok Non-Fungible Tokens (NFTs). Among these endeavors, introducing the B2B2C business model has been one of the most important focuses.

These releases garnered a lot of attention for the Quiztok project, which led to a significant increase in demand. The accumulation trend drove the recent rally, culminating in a price of $0.01448 at the time of writing. The last time QTCON saw this price was in April 2021.

Quiztok Stamps Out on Top of the Gainers

Amidst the sudden surge, Quiztok posted a remarkable gain of 237.82% over the past seven days, firmly establishing itself as the biggest gainer among the top 500 assets in the past week. This recent rally has pushed the token’s position on CoinMarketCap’s (CMC) Top 500 list to its current 259th position.

Interestingly, the asset has become major gainers on the 24-hour and 7-day timeframes. However, despite a staggering 482.81% surge, it has slipped to second place on the 30-day time frame.

Quiztok’s move to the 259th largest asset position came as a result of a 96% rise in market capitalization over the past 24 hours. The token is now valued at more than $90 million. Moreover, the 24-hour trading volume increased by 207%, indicating increased demand.

Conclusion

The recent surge in Quiztok’s token price highlights the growing popularity and success of the project. With its innovative initiatives and increased market demand, Quiztok has firmly established itself as a top gainer in the crypto market. Investors and enthusiasts will continue to watch its progress closely as it aims to maintain its upward trajectory.