Qtum Reaches Market Cap of $236.90 Million (QTUM)

Qtum (QTUM) traded 0.1% higher against the dollar during the twenty-four hour period ending at 16:00 PM E.T. on July 10th. One Qtum coin can currently be purchased for approximately $2.25 or 0.00003929 BTC on popular exchanges. Qtum has a market cap of $236.90 million and approximately $25.73 million worth of Qtum was traded on exchanges in the last day. During the last week, Qtum has traded 8.1% lower against the dollar.

Here is how other cryptocurrencies have performed during the last day:

• Ethereum (ETH) traded 0.9% higher against the dollar and now trades at $3,101.06 or 0.05411756 BTC.
• Cardano (ADA) traded 1.5% higher against the dollar and now trades at $0.38 or 0.00000671 BTC.
• Avalanche (AVAX) traded down 1% against the dollar and now trades at $26.02 or 0.00045403 BTC.
• NEAR Protocol (NEAR) traded up 0.7% against the dollar and now trades at $4.63 or 0.00008073 BTC.
• Uniswap (UNI) traded 1.1% lower against the dollar and now trades at $8.05 or 0.00014048 BTC.
• Internet Computer (ICP) traded down 1.7% against the dollar and now trades at $7.17 or 0.00012520 BTC.
• Hedera (HBAR) traded 2.9% lower against the dollar and now trades at $0.0658 or 0.00000115 BTC.
• Cosmos (ATOM) traded 0.9% higher against the dollar and now trades at $6.01 or 0.00010487 BTC.
• Cronos (CRO) traded down 1.9% against the dollar and now trades at $0.0846 or 0.00000148 BTC.
• Fetch.ai (FET) traded down 0.8% against the dollar and now trades at $1.19 or 0.00002069 BTC.

Qtum Profile

Qtum is a proof-of-stake (PoS) coin that uses the POS 3.0 hashing algorithm. Its genesis date was December 19th, 2016. Qtum’s total supply is 107,822,406 coins and its circulating supply is 105,227,233 coins. The Reddit community for Qtum is https://reddit.com/r/qtum and the currency’s Github account can be viewed here. Qtum’s official Twitter account is @qtum and its Facebook page is accessible here. The official website for Qtum is qtum.org.

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 presently possible to buy alternative cryptocurrencies such as Qtum directly using US dollars. Investors seeking to trade Qtum should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Coinbase, GDAX or Changelly. 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