Qtum Price Down 12.3% Over Last 7 Days (QTUM)

Qtum (QTUM) traded up 7.6% against the dollar during the 1 day period ending at 9:00 AM Eastern on December 24th. Over the last week, Qtum has traded down 12.3% against the dollar. One Qtum coin can currently be bought for about $3.37 or 0.00003479 BTC on major cryptocurrency exchanges. Qtum has a total market capitalization of $355.76 million and $45.97 million worth of Qtum was traded on exchanges in the last 24 hours.

Here is how similar cryptocurrencies have performed over the last 24 hours:

• Ethereum (ETH) traded up 3.9% against the dollar and now trades at $3,450.63 or 0.03558804 BTC.
• Cardano (ADA) traded up 4.8% against the dollar and now trades at $0.93 or 0.00000957 BTC.
• Avalanche (AVAX) traded up 10.1% against the dollar and now trades at $40.22 or 0.00041480 BTC.
• Hedera (HBAR) traded 20.8% higher against the dollar and now trades at $0.33 or 0.00000336 BTC.
• Uniswap (UNI) traded 5.6% higher against the dollar and now trades at $14.33 or 0.00014776 BTC.
• NEAR Protocol (NEAR) traded up 9.3% against the dollar and now trades at $5.59 or 0.00005766 BTC.
• Internet Computer (ICP) traded 9.4% higher against the dollar and now trades at $11.09 or 0.00011436 BTC.
• Cronos (CRO) traded 6.7% higher against the dollar and now trades at $0.16 or 0.00000169 BTC.
• Fetch.ai (FET) traded up 9.1% against the dollar and now trades at $1.39 or 0.00001434 BTC.
• Algorand (ALGO) traded 14.1% higher against the dollar and now trades at $0.41 or 0.00000420 BTC.

Qtum Profile

Qtum (CRYPTO: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 105,452,314 coins. 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. 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.”

Buying and Selling Qtum

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

QTUM/USD price chart by TradingView