Qtum (QTUM) Achieves Market Cap of $234.65 Million

Qtum (QTUM) traded down 0.1% against the dollar during the 24-hour period ending at 8:00 AM Eastern on September 2nd. One Qtum coin can now be bought for about $2.23 or 0.00003809 BTC on exchanges. Qtum has a market cap of $234.65 million and approximately $31.63 million worth of Qtum was traded on exchanges in the last 24 hours. During the last week, Qtum has traded down 14.9% against the dollar.

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

• Ethereum (ETH) traded 2% higher against the dollar and now trades at $2,518.58 or 0.04305093 BTC.
• Cardano (ADA) traded down 2% against the dollar and now trades at $0.34 or 0.00000573 BTC.
• Avalanche (AVAX) traded 0.3% lower against the dollar and now trades at $22.23 or 0.00037996 BTC.
• NEAR Protocol (NEAR) traded 0.6% lower against the dollar and now trades at $3.95 or 0.00006760 BTC.
• Uniswap (UNI) traded up 5.5% against the dollar and now trades at $6.05 or 0.00010339 BTC.
• Internet Computer (ICP) traded 0.5% higher against the dollar and now trades at $7.38 or 0.00012612 BTC.
• Cronos (CRO) traded 0.8% higher against the dollar and now trades at $0.0803 or 0.00000137 BTC.
• Hedera (HBAR) traded up 2.4% against the dollar and now trades at $0.0500 or 0.00000085 BTC.
• Cosmos (ATOM) traded down 1.9% against the dollar and now trades at $4.41 or 0.00007546 BTC.
• Fetch.ai (FET) traded up 3.4% against the dollar and now trades at $1.19 or 0.00002034 BTC.

About Qtum

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 105,299,626 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.”

Qtum Coin Trading

It is usually not currently possible to purchase alternative cryptocurrencies such as Qtum directly using U.S. dollars. Investors seeking to trade Qtum should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as GDAX, Changelly or Gemini. 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