Qtum Reaches Market Cap of $239.66 Million (QTUM)

Qtum (QTUM) traded 1.4% higher against the dollar during the twenty-four hour period ending at 23:00 PM ET on July 10th. Over the last week, Qtum has traded down 3.7% against the dollar. One Qtum coin can currently be purchased for $2.28 or 0.00003935 BTC on popular cryptocurrency exchanges. Qtum has a market capitalization of $239.66 million and $25.60 million worth of Qtum was traded on exchanges in the last day.

Here is how related cryptocurrencies have performed over the last day:

• Ethereum (ETH) traded 1.1% higher against the dollar and now trades at $3,104.12 or 0.05363000 BTC.
• Cardano (ADA) traded 4.2% higher against the dollar and now trades at $0.39 or 0.00000678 BTC.
• Avalanche (AVAX) traded down 3.4% against the dollar and now trades at $25.58 or 0.00044190 BTC.
• NEAR Protocol (NEAR) traded up 2.1% against the dollar and now trades at $4.65 or 0.00008027 BTC.
• Uniswap (UNI) traded 0.8% lower against the dollar and now trades at $8.00 or 0.00013816 BTC.
• Internet Computer (ICP) traded 1.6% higher against the dollar and now trades at $7.28 or 0.00012577 BTC.
• Hedera (HBAR) traded down 1% against the dollar and now trades at $0.0667 or 0.00000115 BTC.
• Cosmos (ATOM) traded 3% higher against the dollar and now trades at $6.10 or 0.00010532 BTC.
• Cronos (CRO) traded 0.4% lower against the dollar and now trades at $0.0852 or 0.00000147 BTC.
• Fetch.ai (FET) traded 0.9% higher against the dollar and now trades at $1.20 or 0.00002081 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 105,227,573 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.”

Buying and Selling Qtum

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