Qtum (QTUM) Trading 5.5% Lower Over Last 7 Days

Qtum (QTUM) traded 0.8% lower against the U.S. dollar during the 1 day period ending at 20:00 PM Eastern on May 4th. During the last seven days, Qtum has traded 5.5% lower against the U.S. dollar. Qtum has a total market cap of $392.60 million and approximately $40.39 million worth of Qtum was traded on exchanges in the last 24 hours. One Qtum coin can now be bought for about $3.75 or 0.00005904 BTC on exchanges.

Here’s how similar cryptocurrencies have performed during the last 24 hours:

• Ethereum (ETH) traded down 1.1% against the dollar and now trades at $3,093.62 or 0.04873133 BTC.
• Cardano (ADA) traded 2% lower against the dollar and now trades at $0.46 or 0.00000725 BTC.
• Avalanche (AVAX) traded 4.5% higher against the dollar and now trades at $37.39 or 0.00058893 BTC.
• NEAR Protocol (NEAR) traded down 1.8% against the dollar and now trades at $6.79 or 0.00010703 BTC.
• Internet Computer (ICP) traded 3.6% lower against the dollar and now trades at $13.09 or 0.00020616 BTC.
• Uniswap (UNI) traded down 1.4% against the dollar and now trades at $7.52 or 0.00011839 BTC.
• Hedera (HBAR) traded 3.4% lower against the dollar and now trades at $0.11 or 0.00000170 BTC.
• Cronos (CRO) traded down 0.9% against the dollar and now trades at $0.13 or 0.00000209 BTC.
• Cosmos (ATOM) traded down 1.6% against the dollar and now trades at $8.69 or 0.00013686 BTC.
• Fetch.ai (FET) traded 2.1% lower against the dollar and now trades at $2.15 or 0.00003380 BTC.

Qtum Profile

QTUM is a proof-of-stake (PoS) coin that uses the POS 3.0 hashing algorithm. It launched 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 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. The official website for Qtum is qtum.org.

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 presently possible to buy alternative cryptocurrencies such as Qtum directly using U.S. dollars. Investors seeking to trade Qtum should first buy Bitcoin or Ethereum using an exchange that deals in U.S. 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