Qtum (QTUM) Reaches Market Capitalization of $269.20 Million

Qtum (QTUM) traded 0.7% lower against the dollar during the 1 day period ending at 9:00 AM E.T. on February 26th. One Qtum coin can now be bought for approximately $2.55 or 0.00002927 BTC on major cryptocurrency exchanges. Qtum has a market capitalization of $269.20 million and approximately $50.66 million worth of Qtum was traded on exchanges in the last 24 hours. In the last week, Qtum has traded 22.3% lower against the dollar.

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

• Ethereum (ETH) traded 0.1% higher against the dollar and now trades at $2,414.09 or 0.02770284 BTC.
• Cardano (ADA) traded 1.4% higher against the dollar and now trades at $0.67 or 0.00000764 BTC.
• Avalanche (AVAX) traded 2.6% higher against the dollar and now trades at $21.81 or 0.00025025 BTC.
• Hedera (HBAR) traded 3.5% higher against the dollar and now trades at $0.19 or 0.00000221 BTC.
• Uniswap (UNI) traded 1.9% higher against the dollar and now trades at $8.01 or 0.00009195 BTC.
• NEAR Protocol (NEAR) traded 3.1% higher against the dollar and now trades at $3.00 or 0.00003448 BTC.
• Internet Computer (ICP) traded up 4.3% against the dollar and now trades at $6.42 or 0.00007372 BTC.
• Cronos (CRO) traded down 0.1% against the dollar and now trades at $0.0746 or 0.00000086 BTC.
• Algorand (ALGO) traded 4.5% higher against the dollar and now trades at $0.23 or 0.00000267 BTC.
• Cosmos (ATOM) traded 5% higher against the dollar and now trades at $4.48 or 0.00005142 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 105,538,688 coins. Qtum’s official website is qtum.org. 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.

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 currently possible to purchase alternative cryptocurrencies such as Qtum directly using US dollars. Investors seeking to acquire Qtum should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as GDAX, Changelly or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Qtum using one of the aforementioned exchanges.

QTUM/USD price chart by TradingView