Qtum Trading Down 12.6% Over Last 7 Days (QTUM)

Qtum (QTUM) traded up 0.3% against the U.S. dollar during the 24-hour period ending at 17:00 PM E.T. on April 19th. Qtum has a market capitalization of $426.01 million and $90.72 million worth of Qtum was traded on exchanges in the last day. One Qtum coin can now be bought for approximately $4.07 or 0.00006317 BTC on exchanges. During the last week, Qtum has traded 12.6% lower against the U.S. dollar.

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

• Ethereum (ETH) traded 0.9% higher against the dollar and now trades at $3,095.68 or 0.04808478 BTC.
• Cardano (ADA) traded 3.6% higher against the dollar and now trades at $0.47 or 0.00000734 BTC.
• Avalanche (AVAX) traded 0.7% higher against the dollar and now trades at $35.21 or 0.00054697 BTC.
• Internet Computer (ICP) traded 12.7% higher against the dollar and now trades at $14.26 or 0.00022152 BTC.
• NEAR Protocol (NEAR) traded 1.9% lower against the dollar and now trades at $5.60 or 0.00008701 BTC.
• Uniswap (UNI) traded 3.9% higher against the dollar and now trades at $7.58 or 0.00011775 BTC.
• Cronos (CRO) traded up 1.2% against the dollar and now trades at $0.12 or 0.00000194 BTC.
• Cosmos (ATOM) traded down 0.3% against the dollar and now trades at $8.24 or 0.00012807 BTC.
• Hedera (HBAR) traded down 0.8% against the dollar and now trades at $0.0818 or 0.00000127 BTC.
• Fetch.ai (FET) traded up 4% against the dollar and now trades at $2.15 or 0.00003334 BTC.

Qtum Profile

Qtum is a proof-of-stake (PoS) coin that uses the POS 3.0 hashing algorithm. It launched on December 19th, 2016. Qtum’s total supply is 107,822,406 coins and its circulating supply is 104,755,842 coins. Qtum’s official website is qtum.org. 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.

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 presently possible to purchase alternative cryptocurrencies such as Qtum directly using US dollars. Investors seeking to acquire Qtum should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as GDAX, Changelly or Coinbase. 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