Qtum (QTUM) Market Cap Achieves $354.92 Million

Qtum (QTUM) traded up 5.2% against the US dollar during the 1-day period ending at 9:00 AM Eastern on February 14th. In the last week, Qtum has traded up 1.7% against the US dollar. One Qtum coin can now be bought for approximately $3.36 or 0.00003475 BTC on major exchanges. Qtum has a market cap of $354.92 million and $105.43 million worth of Qtum was traded on exchanges in the last 24 hours.

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

• Ethereum (ETH) traded up 2.5% against the dollar and now trades at $2,702.75 or 0.02792044 BTC.
• Cardano (ADA) traded up 4.3% against the dollar and now trades at $0.81 or 0.00000835 BTC.
• Avalanche (AVAX) traded up 4% against the dollar and now trades at $26.20 or 0.00027066 BTC.
• Hedera (HBAR) traded 5.7% higher against the dollar and now trades at $0.23 or 0.00000242 BTC.
• Uniswap (UNI) traded up 5.4% against the dollar and now trades at $10.05 or 0.00010378 BTC.
• NEAR Protocol (NEAR) traded up 7.8% against the dollar and now trades at $3.52 or 0.00003633 BTC.
• Internet Computer (ICP) traded up 2.8% against the dollar and now trades at $7.24 or 0.00007476 BTC.
• Algorand (ALGO) traded up 4.1% against the dollar and now trades at $0.30 or 0.00000308 BTC.
• Cronos (CRO) traded up 1.2% against the dollar and now trades at $0.0913 or 0.00000094 BTC.
• Fetch.ai (FET) traded 5.7% higher against the dollar and now trades at $0.81 or 0.00000836 BTC.

Qtum Coin Profile

Qtum (CRYPTO: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 105,522,514 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. Qtum’s official website 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.”

Buying and Selling Qtum

It is usually not presently 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, Coinbase or Changelly. 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