Qtum Reaches Market Capitalization of $268.03 Million (QTUM)

Qtum (QTUM) traded down 3% against the dollar during the 1-day period ending at 0:00 AM Eastern on October 21st. One Qtum coin can now be purchased for approximately $2.54 or 0.00003774 BTC on exchanges. In the last seven days, Qtum has traded down 1.5% against the dollar. Qtum has a market capitalization of $268.03 million and $26.47 million worth of Qtum was traded on exchanges in the last 24 hours.

Here’s how similar cryptocurrencies have performed in the last 24 hours:

• Ethereum (ETH) traded 3.3% lower against the dollar and now trades at $2,639.41 or 0.03916222 BTC.
• Cardano (ADA) traded down 1.3% against the dollar and now trades at $0.36 or 0.00000541 BTC.
• Avalanche (AVAX) traded 2.3% lower against the dollar and now trades at $28.00 or 0.00041552 BTC.
• NEAR Protocol (NEAR) traded down 3.5% against the dollar and now trades at $4.78 or 0.00007098 BTC.
• Uniswap (UNI) traded 2.4% higher against the dollar and now trades at $7.85 or 0.00011644 BTC.
• Internet Computer (ICP) traded down 3% against the dollar and now trades at $8.06 or 0.00011955 BTC.
• Cronos (CRO) traded 1.9% lower against the dollar and now trades at $0.0778 or 0.00000115 BTC.
• Hedera (HBAR) traded 5.7% lower against the dollar and now trades at $0.0530 or 0.00000079 BTC.
• Cosmos (ATOM) traded up 1.2% against the dollar and now trades at $4.89 or 0.00007258 BTC.
• Fetch.ai (FET) traded 3.9% lower against the dollar and now trades at $1.39 or 0.00002062 BTC.

Qtum Profile

Qtum (QTUM) is a proof-of-stake (PoS) coin that uses the POS 3.0 hashing algorithm. It launched on December 19th, 2016. Qtum’s total supply is 107,822,406 coins and its circulating supply is 105,366,734 coins. Qtum’s official website is qtum.org. Qtum’s official Twitter account is @qtum and its Facebook page is accessible here. The Reddit community for Qtum is https://reddit.com/r/qtum and the currency’s Github account can be viewed here.

According to CryptoCompare, “QTUM is a blockchain platform that combines Bitcoin and Ethereum elements to provide a secure and decentralized environment for building and running smart contracts and dapps. Its hybrid consensus mechanism combines proof-of-work (PoW) and proof-of-stake (PoS) to achieve security and scalability. The platform uses familiar programming languages such as Solidity and C++ to make it easier for developers to build and deploy smart contracts and dapps. QTUM was created by a team led by Patrick Dai and is primarily used for building and running smart contracts and dapps, with the QTUM token used for payments, incentivizing network participants, and governance decisions.”

Qtum Coin Trading

It is usually not possible to buy alternative cryptocurrencies such as Qtum directly using U.S. dollars. Investors seeking to trade Qtum should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Coinbase, Changelly or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Qtum using one of the exchanges listed above.

QTUM/USD price chart by TradingView