Qtum Self Reported Market Cap Hits $68.77 Million (QTUM)

Qtum (QTUM) traded 0.2% lower against the dollar during the 24-hour period ending at 11:00 AM Eastern on August 4th. In the last seven days, Qtum has traded up 0.6% against the dollar. One Qtum coin can currently be bought for approximately $0.65 or 0.00001012 BTC on major cryptocurrency exchanges. Qtum has a market cap of $68.77 million and approximately $3.99 million worth of Qtum was traded on exchanges in the last day.

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

• Ethereum (ETH) traded up 0.4% against the dollar and now trades at $1,870.99 or 0.02919652 BTC.
• Cardano (ADA) traded 1.1% higher against the dollar and now trades at $0.19 or 0.00000301 BTC.
• Cronos (CRO) traded down 0.6% against the dollar and now trades at $0.0544 or 0.00000085 BTC.
• Hedera (HBAR) traded up 0.1% against the dollar and now trades at $0.0697 or 0.00000109 BTC.
• Avalanche (AVAX) traded up 3.4% against the dollar and now trades at $6.74 or 0.00010518 BTC.
• Uniswap (UNI) traded 4.8% lower against the dollar and now trades at $3.84 or 0.00005990 BTC.
• NEAR Protocol (NEAR) traded down 0.7% against the dollar and now trades at $1.73 or 0.00002704 BTC.
• Internet Computer (ICP) traded up 0.4% against the dollar and now trades at $2.09 or 0.00003266 BTC.
• Algorand (ALGO) traded 3.1% higher against the dollar and now trades at $0.0899 or 0.00000140 BTC.
• Cosmos (ATOM) traded up 3.7% against the dollar and now trades at $1.38 or 0.00002148 BTC.

Qtum Coin Profile

Qtum (CRYPTO:QTUM) is a proof-of-stake (PoS) coin that uses the POS 3.0 hashing algorithm. Its launch date was March 11th, 2017. Qtum’s total supply is 107,822,406 coins and its circulating supply is 106,079,522 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. The official message board for Qtum is qtum.org/blog. 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.”

Qtum Coin Trading

It is usually not possible to purchase alternative cryptocurrencies such as Qtum directly using U.S. dollars. Investors seeking to trade Qtum should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Gemini, GDAX or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Qtum using one of the aforementioned exchanges.

QTUM/USD price chart by TradingView