Qtum Market Capitalization Achieves $411.33 Million (QTUM)

Qtum (QTUM) traded down 13.4% against the dollar during the 24-hour period ending at 9:00 AM ET on April 16th. One Qtum coin can now be bought for approximately $3.93 or 0.00006223 BTC on major exchanges. Over the last week, Qtum has traded 18.2% lower against the dollar. Qtum has a market capitalization of $411.33 million and $95.86 million worth of Qtum was traded on exchanges in the last day.

Here’s how similar cryptocurrencies have performed over the last day:

• Ethereum (ETH) traded down 5% against the dollar and now trades at $3,073.00 or 0.04870403 BTC.
• Cardano (ADA) traded down 5.8% against the dollar and now trades at $0.46 or 0.00000728 BTC.
• Avalanche (AVAX) traded 9.5% lower against the dollar and now trades at $34.41 or 0.00054543 BTC.
• Internet Computer (ICP) traded down 10.7% against the dollar and now trades at $12.05 or 0.00019093 BTC.
• NEAR Protocol (NEAR) traded down 8% against the dollar and now trades at $5.16 or 0.00008178 BTC.
• Uniswap (UNI) traded 7.8% lower against the dollar and now trades at $7.17 or 0.00011365 BTC.
• Cronos (CRO) traded 8.3% lower against the dollar and now trades at $0.12 or 0.00000197 BTC.
• Cosmos (ATOM) traded down 6% against the dollar and now trades at $8.04 or 0.00012747 BTC.
• Hedera (HBAR) traded down 8.1% against the dollar and now trades at $0.0790 or 0.00000125 BTC.
• Fetch.ai (FET) traded 13.4% lower against the dollar and now trades at $2.01 or 0.00003192 BTC.

About Qtum

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 104,755,842 coins. 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. 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 buy alternative cryptocurrencies such as Qtum directly using US dollars. Investors seeking to trade Qtum should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Changelly, GDAX or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Qtum using one of the aforementioned exchanges.

QTUM/USD price chart by TradingView