QNT crypto’s price now down 50.5% from September’s high — Should you buy now?

Quant [QNT] has shed 50.5% of its value from the $373-high it made on 27th September. The most recent losses saw QNT crypto's price fall below the psychological $200-support. News of the Binance hack to the tune of an estimated $6.3 billion, the largest in history, has also driven markets into a selling frenzy. In fact, Bitcoin [BTC] slipped below the $80k round-number level too, spurring altcoin losses. In this environment of steady selling and a month-long retracement, Quant might be offering a high-risk short-term buying opportunity.