Qtum Achieves Market Cap of $287.38 Million (QTUM)

Qtum (QTUM) traded 2.6% higher against the US dollar during the 1-day period ending at 12:00 PM Eastern on July 29th. During the last seven days, Qtum has traded up 1% against the US dollar. Qtum has a market capitalization of $287.38 million and $36.59 million worth of Qtum was traded on exchanges in the last 24 hours. One Qtum coin can currently be purchased for about $2.73 or 0.00004063 BTC on popular cryptocurrency exchanges.

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

• Ethereum (ETH) traded 0.1% higher against the dollar and now trades at $3,273.71 or 0.04872118 BTC.
• Cardano (ADA) traded 0.4% lower against the dollar and now trades at $0.41 or 0.00000606 BTC.
• Avalanche (AVAX) traded down 0.4% against the dollar and now trades at $27.31 or 0.00040652 BTC.
• NEAR Protocol (NEAR) traded 3% lower against the dollar and now trades at $5.31 or 0.00007907 BTC.
• Uniswap (UNI) traded 1.9% higher against the dollar and now trades at $7.71 or 0.00011472 BTC.
• Internet Computer (ICP) traded down 5.1% against the dollar and now trades at $9.04 or 0.00013460 BTC.
• Cosmos (ATOM) traded 1.6% lower against the dollar and now trades at $6.18 or 0.00009190 BTC.
• Hedera (HBAR) traded down 1.3% against the dollar and now trades at $0.0669 or 0.00000100 BTC.
• Cronos (CRO) traded 0.6% lower against the dollar and now trades at $0.0898 or 0.00000134 BTC.
• Fetch.ai (FET) traded down 1% against the dollar and now trades at $1.23 or 0.00001836 BTC.

Qtum Coin Profile

Qtum (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 105,252,659 coins. Qtum’s official Twitter account is @qtum and its Facebook page is accessible here. The official website for Qtum 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.”

Buying and Selling Qtum

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 Ethereum or Bitcoin using an exchange that deals in US dollars such as GDAX, Gemini 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