Qtum (QTUM) Hits Market Cap of $139.39 Million

Qtum (QTUM) traded down 4.1% against the dollar during the twenty-four hour period ending at 12:00 PM Eastern on January 20th. Qtum has a total market cap of $139.39 million and approximately $16.30 million worth of Qtum was traded on exchanges in the last day. In the last seven days, Qtum has traded down 8.8% against the dollar. One Qtum coin can now be purchased for about $1.32 or 0.00001461 BTC on major cryptocurrency exchanges.

Here is how similar cryptocurrencies have performed in the last day:

• Ethereum (ETH) traded 6.5% lower against the dollar and now trades at $3,009.19 or 0.03341104 BTC.
• Cardano (ADA) traded 4.3% lower against the dollar and now trades at $0.35 or 0.00000393 BTC.
• Cronos (CRO) traded down 2.9% against the dollar and now trades at $0.0915 or 0.00000102 BTC.
• Avalanche (AVAX) traded 4% lower against the dollar and now trades at $12.21 or 0.00013556 BTC.
• Hedera (HBAR) traded 4.9% lower against the dollar and now trades at $0.11 or 0.00000117 BTC.
• Uniswap (UNI) traded 4.8% lower against the dollar and now trades at $4.76 or 0.00005289 BTC.
• Internet Computer (ICP) traded 6.5% lower against the dollar and now trades at $3.75 or 0.00004168 BTC.
• NEAR Protocol (NEAR) traded 3.5% lower against the dollar and now trades at $1.52 or 0.00001690 BTC.
• Cosmos (ATOM) traded 3.7% lower against the dollar and now trades at $2.31 or 0.00002561 BTC.
• Algorand (ALGO) traded down 4.8% against the dollar and now trades at $0.11 or 0.00000127 BTC.

About Qtum

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 105,947,322 coins. Qtum’s official Twitter account is @qtum and its Facebook page is accessible here. 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.

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 buy alternative cryptocurrencies such as Qtum directly using US dollars. Investors seeking to acquire Qtum should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Gemini, GDAX or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Qtum using one of the exchanges listed above.

QTUM/USD price chart by TradingView