Qtum Hits Market Cap of $225.03 Million (QTUM)

Qtum (QTUM) traded 4.7% lower against the dollar during the one day period ending at 0:00 AM ET on August 11th. During the last week, Qtum has traded up 9.3% against the dollar. Qtum has a total market capitalization of $225.03 million and approximately $25.38 million worth of Qtum was traded on exchanges in the last day. One Qtum coin can currently be bought for approximately $2.14 or 0.00003659 BTC on major exchanges.

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

• Ethereum (ETH) traded down 3.9% against the dollar and now trades at $2,538.40 or 0.04344939 BTC.
• Cardano (ADA) traded 5.6% lower against the dollar and now trades at $0.33 or 0.00000566 BTC.
• Avalanche (AVAX) traded 6.1% lower against the dollar and now trades at $20.64 or 0.00035336 BTC.
• NEAR Protocol (NEAR) traded down 6.1% against the dollar and now trades at $3.90 or 0.00006676 BTC.
• Uniswap (UNI) traded 4.8% lower against the dollar and now trades at $5.94 or 0.00010165 BTC.
• Internet Computer (ICP) traded down 6.3% against the dollar and now trades at $6.95 or 0.00011895 BTC.
• Cronos (CRO) traded down 5.7% against the dollar and now trades at $0.0873 or 0.00000149 BTC.
• Cosmos (ATOM) traded down 2.9% against the dollar and now trades at $4.98 or 0.00008519 BTC.
• Hedera (HBAR) traded 5.2% lower against the dollar and now trades at $0.0533 or 0.00000091 BTC.
• Algorand (ALGO) traded 4.2% lower against the dollar and now trades at $0.12 or 0.00000199 BTC.

Qtum Coin Profile

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 105,270,855 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 decentralized blockchain platform with dApp and turing-complete smart contract functionalities while still maintaining an Unspent Transaction Output (UTXO) transaction model. Qtum is PoS based and boasts a Decentralized Governance Protocol (DGP) which allows specific blockchain settings to be modified by making use of smart contracts.QTUM is the underlying value token in the Qtum blockchain.”

Buying and Selling Qtum

It is usually not currently possible to purchase alternative cryptocurrencies such as Qtum directly using U.S. dollars. Investors seeking to acquire Qtum should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Gemini, GDAX or Changelly. 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