Qtum Market Capitalization Achieves $234.19 Million (QTUM)

Qtum (QTUM) traded 0.7% lower against the U.S. dollar during the 24-hour period ending at 19:00 PM ET on August 17th. One Qtum coin can currently be purchased for $2.22 or 0.00003751 BTC on cryptocurrency exchanges. Over the last seven days, Qtum has traded 1% lower against the U.S. dollar. Qtum has a total market cap of $234.19 million and $28.56 million worth of Qtum was traded on exchanges in the last 24 hours.

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

• Ethereum (ETH) traded up 0.3% against the dollar and now trades at $2,610.06 or 0.04400612 BTC.
• Cardano (ADA) traded up 1.1% against the dollar and now trades at $0.34 or 0.00000566 BTC.
• Avalanche (AVAX) traded 0.3% higher against the dollar and now trades at $20.59 or 0.00034715 BTC.
• NEAR Protocol (NEAR) traded 0% lower against the dollar and now trades at $3.99 or 0.00006726 BTC.
• Uniswap (UNI) traded down 2% against the dollar and now trades at $6.38 or 0.00010758 BTC.
• Internet Computer (ICP) traded up 2% against the dollar and now trades at $7.21 or 0.00012163 BTC.
• Cronos (CRO) traded 0.1% lower against the dollar and now trades at $0.0881 or 0.00000149 BTC.
• Hedera (HBAR) traded up 0.5% against the dollar and now trades at $0.0525 or 0.00000089 BTC.
• Cosmos (ATOM) traded up 1.8% against the dollar and now trades at $4.64 or 0.00007828 BTC.
• Algorand (ALGO) traded up 1.8% against the dollar and now trades at $0.12 or 0.00000200 BTC.

About Qtum

Qtum (QTUM) is a proof-of-stake (PoS) coin that uses the POS 3.0 hashing algorithm. Its launch date was December 19th, 2016. Qtum’s total supply is 107,822,406 coins and its circulating supply is 105,278,648 coins. Qtum’s official Twitter account is @qtum and its Facebook page is accessible here. Qtum’s official website is qtum.org. 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 presently possible to buy alternative cryptocurrencies such as Qtum directly using US dollars. Investors seeking to acquire Qtum should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Coinbase, GDAX or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Qtum using one of the aforementioned exchanges.

QTUM/USD price chart by TradingView