Qtum Market Capitalization Tops $295.35 Million (QTUM)

Qtum (QTUM) traded 1.5% lower against the U.S. dollar during the 24 hour period ending at 7:00 AM Eastern on February 6th. One Qtum coin can currently be bought for about $2.82 or 0.00006587 BTC on cryptocurrency exchanges. During the last seven days, Qtum has traded 4.3% lower against the U.S. dollar. Qtum has a market capitalization of $295.35 million and $31.32 million worth of Qtum was traded on exchanges in the last day.

Here’s how other cryptocurrencies have performed during the last day:

  • Ethereum (ETH) traded 0.1% higher against the dollar and now trades at $2,326.05 or 0.05434575 BTC.
  • Cardano (ADA) traded 1.8% lower against the dollar and now trades at $0.49 or 0.00001149 BTC.
  • Avalanche (AVAX) traded 4.3% lower against the dollar and now trades at $33.93 or 0.00079269 BTC.
  • Internet Computer (ICP) traded down 4.8% against the dollar and now trades at $12.01 or 0.00028050 BTC.
  • Uniswap (UNI) traded up 2.1% against the dollar and now trades at $6.17 or 0.00014425 BTC.
  • Cosmos (ATOM) traded down 0.5% against the dollar and now trades at $9.09 or 0.00021228 BTC.
  • NEAR Protocol (NEAR) traded down 2.1% against the dollar and now trades at $2.71 or 0.00006334 BTC.
  • Hedera (HBAR) traded down 0.4% against the dollar and now trades at $0.0693 or 0.00000162 BTC.
  • Cronos (CRO) traded down 1.1% against the dollar and now trades at $0.0811 or 0.00000190 BTC.
  • Algorand (ALGO) traded down 1.5% against the dollar and now trades at $0.16 or 0.00000370 BTC.

About Qtum

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. 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 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 purchase alternative cryptocurrencies such as Qtum directly using U.S. dollars. Investors seeking to acquire Qtum should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Coinbase, GDAX or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Qtum using one of the exchanges listed above.

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