Qtum (QTUM) Market Capitalization Hits $95.97 Million

Qtum (QTUM) traded down 0.6% against the U.S. dollar during the one day period ending at 12:00 PM Eastern on May 24th. Qtum has a market capitalization of $95.97 million and approximately $8.05 million worth of Qtum was traded on exchanges in the last 24 hours. One Qtum coin can now be purchased for $0.91 or 0.00001183 BTC on major exchanges. Over the last week, Qtum has traded 0.2% higher against the U.S. dollar.

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

• Ethereum (ETH) traded 2.1% higher against the dollar and now trades at $2,098.55 or 0.02744094 BTC.
• Cardano (ADA) traded 0.4% higher against the dollar and now trades at $0.24 or 0.00000317 BTC.
• Cronos (CRO) traded 0.4% higher against the dollar and now trades at $0.0690 or 0.00000090 BTC.
• Avalanche (AVAX) traded up 1.4% against the dollar and now trades at $9.24 or 0.00012076 BTC.
• Hedera (HBAR) traded up 1.4% against the dollar and now trades at $0.0887 or 0.00000116 BTC.
• NEAR Protocol (NEAR) traded up 4.9% against the dollar and now trades at $2.41 or 0.00003151 BTC.
• Uniswap (UNI) traded 0% higher against the dollar and now trades at $3.39 or 0.00004428 BTC.
• Internet Computer (ICP) traded 0.9% higher against the dollar and now trades at $2.56 or 0.00003342 BTC.
• Cosmos (ATOM) traded 0.6% lower against the dollar and now trades at $2.05 or 0.00002683 BTC.
• Algorand (ALGO) traded down 0.2% against the dollar and now trades at $0.11 or 0.00000147 BTC.

Qtum Coin Profile

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 106,031,008 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 website is qtum.org. Qtum’s official Twitter account is @qtum and its Facebook page is accessible here.

According to CryptoCompare, “Qtum is a decentralized blockchain platform with dApp and turing-complete smart contract functionalities while still maintaining an Unspent Transaction Output (UTXO) transaction model. Qtum is PoS based and boasts a Decentralized Governance Protocol (DGP) which allows specific blockchain settings to be modified by making use of smart contracts. QTUM is the underlying value token in the Qtum blockchain. Telegram, Facebook, YouTube, Weibo, GitHub, RedditWhitepaper”

Buying and Selling Qtum

It is usually not 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 Gemini, Coinbase or Changelly. 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