Qtum (QTUM) Achieves Market Cap of $248.38 Million

Qtum (QTUM) traded 0.5% lower against the U.S. dollar during the twenty-four hour period ending at 14:00 PM Eastern on October 25th. Qtum has a total market capitalization of $248.38 million and $24.43 million worth of Qtum was traded on exchanges in the last 24 hours. One Qtum coin can currently be purchased for about $2.36 or 0.00003505 BTC on exchanges. During the last week, Qtum has traded 6.7% lower against the U.S. dollar.

Here’s how related cryptocurrencies have performed during the last 24 hours:

• Ethereum (ETH) traded down 0.7% against the dollar and now trades at $2,504.73 or 0.03724722 BTC.
• Cardano (ADA) traded 1.1% lower against the dollar and now trades at $0.34 or 0.00000507 BTC.
• Avalanche (AVAX) traded down 2.9% against the dollar and now trades at $25.99 or 0.00038649 BTC.
• NEAR Protocol (NEAR) traded down 3.5% against the dollar and now trades at $4.48 or 0.00006667 BTC.
• Uniswap (UNI) traded up 0.8% against the dollar and now trades at $8.02 or 0.00011929 BTC.
• Internet Computer (ICP) traded 1% lower against the dollar and now trades at $8.19 or 0.00012185 BTC.
• Cronos (CRO) traded down 2.2% against the dollar and now trades at $0.0739 or 0.00000110 BTC.
• Hedera (HBAR) traded down 3.4% against the dollar and now trades at $0.0497 or 0.00000074 BTC.
• Cosmos (ATOM) traded 0.5% lower against the dollar and now trades at $4.71 or 0.00007011 BTC.
• Fetch.ai (FET) traded down 5% against the dollar and now trades at $1.27 or 0.00001889 BTC.

Qtum Coin 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 105,371,515 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 website is qtum.org. Qtum’s official Twitter account is @qtum and its Facebook page is accessible 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 currently possible to purchase alternative cryptocurrencies such as Qtum directly using US dollars. Investors seeking to acquire Qtum should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Gemini, Changelly or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Qtum using one of the exchanges listed above.

QTUM/USD price chart by TradingView