Qtum Trading 5.8% Lower This Week (QTUM)

Qtum (QTUM) traded down 3.5% against the U.S. dollar during the twenty-four hour period ending at 19:00 PM E.T. on October 23rd. Over the last seven days, Qtum has traded down 5.8% against the U.S. dollar. Qtum has a total market cap of $252.27 million and approximately $25.02 million worth of Qtum was traded on exchanges in the last day. One Qtum coin can currently be bought for $2.39 or 0.00003601 BTC on popular cryptocurrency exchanges.

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

• Ethereum (ETH) traded down 4.8% against the dollar and now trades at $2,511.94 or 0.03778477 BTC.
• Cardano (ADA) traded down 4.7% against the dollar and now trades at $0.35 or 0.00000525 BTC.
• Avalanche (AVAX) traded 3.7% lower against the dollar and now trades at $26.71 or 0.00040176 BTC.
• NEAR Protocol (NEAR) traded down 1.7% against the dollar and now trades at $4.64 or 0.00006980 BTC.
• Uniswap (UNI) traded down 3.5% against the dollar and now trades at $7.81 or 0.00011747 BTC.
• Internet Computer (ICP) traded up 1.1% against the dollar and now trades at $8.07 or 0.00012144 BTC.
• Cronos (CRO) traded 2.2% lower against the dollar and now trades at $0.0754 or 0.00000113 BTC.
• Hedera (HBAR) traded 2.9% lower against the dollar and now trades at $0.0513 or 0.00000077 BTC.
• Cosmos (ATOM) traded 3.7% lower against the dollar and now trades at $4.63 or 0.00006964 BTC.
• Fetch.ai (FET) traded down 3.5% against the dollar and now trades at $1.32 or 0.00001984 BTC.

Qtum Coin Profile

Qtum (QTUM) is a proof-of-stake (PoS) coin that uses the POS 3.0 hashing algorithm. Its launch date was December 19th, 2016. Qtum’s total supply is 107,822,406 coins and its circulating supply is 105,369,098 coins. Qtum’s official website is qtum.org. Qtum’s official Twitter account is @qtum and its Facebook page is accessible here. 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.”

Qtum Coin Trading

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 Bitcoin or Ethereum using an exchange that deals in US dollars such as Changelly, Coinbase or GDAX. 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