Qtum (QTUM) Market Cap Hits $245.35 Million

Qtum (QTUM) traded down 3.4% against the dollar during the 1-day period ending at 7:00 AM Eastern on October 24th. One Qtum coin can currently be bought for approximately $2.33 or 0.00003473 BTC on major exchanges. Over the last seven days, Qtum has traded 5.3% lower against the dollar. Qtum has a total market cap of $245.35 million and $25.09 million worth of Qtum was traded on exchanges in the last 24 hours.

Here is how related cryptocurrencies have performed over the last 24 hours:

• Ethereum (ETH) traded 2.3% lower against the dollar and now trades at $2,525.46 or 0.03767199 BTC.
• Cardano (ADA) traded 3.8% lower against the dollar and now trades at $0.34 or 0.00000511 BTC.
• Avalanche (AVAX) traded 0.7% lower against the dollar and now trades at $26.54 or 0.00039592 BTC.
• NEAR Protocol (NEAR) traded up 0.4% against the dollar and now trades at $4.62 or 0.00006890 BTC.
• Uniswap (UNI) traded up 4.6% against the dollar and now trades at $8.07 or 0.00012040 BTC.
• Internet Computer (ICP) traded up 1.7% against the dollar and now trades at $8.14 or 0.00012146 BTC.
• Cronos (CRO) traded down 0.2% against the dollar and now trades at $0.0757 or 0.00000113 BTC.
• Hedera (HBAR) traded 0.8% lower against the dollar and now trades at $0.0511 or 0.00000076 BTC.
• Cosmos (ATOM) traded down 4% against the dollar and now trades at $4.62 or 0.00006892 BTC.
• Fetch.ai (FET) traded up 0.1% against the dollar and now trades at $1.33 or 0.00001978 BTC.

Qtum Profile

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 105,369,796 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 currently possible to purchase alternative cryptocurrencies such as Qtum directly using US dollars. Investors seeking to trade Qtum should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Gemini, GDAX or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Qtum using one of the aforementioned exchanges.

QTUM/USD price chart by TradingView