Where is the future of QSP?
QSP has gained about .33% in the last few days but took a sharp 1% drop in just a single day and also had a 3% rise in a single day! This tells me that there is no real rhyme or reason to any price action right now other than speculative buying and selling based off the development roadmap of recent fundamental business collaborative ideas. QSP has re-entered back into the .01 cent accumulation zone again where most people find a worthy price to buy in at.
The short term opportunity
Price was unable to break .03 cents recently and we know that when BTC and ETH both went up in recent weeks, this alt coin pushed up with it. That is simply because QSP is supported on the ETH network so price will reflect on the actions of ETH. Nobody knows how the outcome will be with QSP but they are heavy in following regulation and working with many companies and exchanges to develop the smart contract world. Seeing the quanstamp team develop with binance and ethereum tells me that they are riding the coat tails of these other leaders to help guide them into the coming years of growth. I speculate QSP making it to about 10 cents over the next 5 years should they become one of the top smart contract auditors in this industry. QSP market cap almost reached 10M dollars and is slowly climbing. Regardless of price not moving much, it is continuing to show growth. This is a good project with good short term speculative growth as the industry continues to develop with leaders.
I personally do not see QSP going away anytime soon. A buy in again under .02 cents can possibly give us a another chance to double or triple our . My QSP order from Feb has been flipped into XRP and I am loading up with another 30,000 QSP around here now. Lets see what the next 6 months brings us!
News that follows this:
QSP helps Binance audit their new stable coin.
QSP works with Dubai