Qtum Achieves Market Cap of $407.82 Million (QTUM)

Qtum (QTUM) traded down 0.3% against the US dollar during the one day period ending at 21:00 PM ET on April 26th. One Qtum coin can now be bought for about $3.89 or 0.00006226 BTC on popular exchanges. Qtum has a total market capitalization of $407.82 million and $50.49 million worth of Qtum was traded on exchanges in the last 24 hours. During the last seven days, Qtum has traded down 1.8% against the US dollar.

Here is how other cryptocurrencies have performed during the last 24 hours:

• Ethereum (ETH) traded down 1.9% against the dollar and now trades at $3,076.40 or 0.04919870 BTC.
• Cardano (ADA) traded 2.3% lower against the dollar and now trades at $0.46 or 0.00000728 BTC.
• Avalanche (AVAX) traded 4.1% lower against the dollar and now trades at $33.63 or 0.00053783 BTC.
• NEAR Protocol (NEAR) traded down 5.5% against the dollar and now trades at $6.76 or 0.00010807 BTC.
• Internet Computer (ICP) traded 6.8% lower against the dollar and now trades at $12.64 or 0.00020216 BTC.
• Uniswap (UNI) traded 3.2% lower against the dollar and now trades at $7.54 or 0.00012058 BTC.
• Hedera (HBAR) traded down 8.6% against the dollar and now trades at $0.11 or 0.00000170 BTC.
• Cronos (CRO) traded down 4.3% against the dollar and now trades at $0.12 or 0.00000193 BTC.
• Cosmos (ATOM) traded down 0.9% against the dollar and now trades at $8.15 or 0.00013035 BTC.
• Fetch.ai (FET) traded down 7% against the dollar and now trades at $2.10 or 0.00003351 BTC.

About Qtum

Qtum is a proof-of-stake (PoS) coin that uses the POS 3.0 hashing algorithm. It was first traded on December 19th, 2016. Qtum’s total supply is 107,822,406 coins and its circulating supply is 104,755,842 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. 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 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, GDAX or Gemini. 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