Qtum (QTUM) Market Capitalization Reaches $217.34 Million

Qtum (QTUM) traded 10.1% lower against the dollar during the 1 day period ending at 7:00 AM ET on July 5th. One Qtum coin can now be bought for about $2.07 or 0.00003743 BTC on cryptocurrency exchanges. Qtum has a market capitalization of $217.34 million and approximately $37.34 million worth of Qtum was traded on exchanges in the last day. During the last week, Qtum has traded down 21.1% against the dollar.

Here’s how other cryptocurrencies have performed during the last day:

• Ethereum (ETH) traded 7.7% lower against the dollar and now trades at $2,929.61 or 0.05309170 BTC.
• Cardano (ADA) traded down 12.6% against the dollar and now trades at $0.34 or 0.00000622 BTC.
• Avalanche (AVAX) traded down 7.3% against the dollar and now trades at $24.00 or 0.00043498 BTC.
• NEAR Protocol (NEAR) traded down 13.5% against the dollar and now trades at $4.27 or 0.00007743 BTC.
• Uniswap (UNI) traded down 9.8% against the dollar and now trades at $7.31 or 0.00013249 BTC.
• Internet Computer (ICP) traded down 8.1% against the dollar and now trades at $6.40 or 0.00011593 BTC.
• Hedera (HBAR) traded down 9.5% against the dollar and now trades at $0.0633 or 0.00000115 BTC.
• Cronos (CRO) traded 5.4% lower against the dollar and now trades at $0.0815 or 0.00000148 BTC.
• Cosmos (ATOM) traded 11.8% lower against the dollar and now trades at $5.49 or 0.00009941 BTC.
• Fetch.ai (FET) traded 6.4% lower against the dollar and now trades at $1.14 or 0.00002072 BTC.

Qtum Profile

Qtum (CRYPTO:QTUM) is a proof-of-stake (PoS) coin that uses the POS 3.0 hashing algorithm. It was first traded on December 19th, 2016. Qtum’s total supply is 107,822,406 coins and its circulating supply is 105,219,950 coins. 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. Qtum’s official website 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 Changelly, Gemini or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Qtum using one of the exchanges listed above.

QTUM/USD price chart by TradingView