Qtum (QTUM) Reaches Self Reported Market Cap of $96.63 Million

Qtum (QTUM) traded down 8% against the U.S. dollar during the 24-hour period ending at 11:00 AM E.T. on October 7th. Over the last seven days, Qtum has traded down 9.6% against the U.S. dollar. One Qtum coin can currently be bought for $0.91 or 0.00001098 BTC on exchanges. Qtum has a market cap of $96.63 million and approximately $9.20 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 down 5.8% against the dollar and now trades at $2,560.76 or 0.03088147 BTC.
• Cardano (ADA) traded 8.2% lower against the dollar and now trades at $0.25 or 0.00000305 BTC.
• NEAR Protocol (NEAR) traded 1.9% lower against the dollar and now trades at $5.03 or 0.00006072 BTC.
• Cronos (CRO) traded 8% lower against the dollar and now trades at $0.0624 or 0.00000075 BTC.
• Avalanche (AVAX) traded down 3.6% against the dollar and now trades at $11.16 or 0.00013462 BTC.
• Uniswap (UNI) traded down 11.6% against the dollar and now trades at $7.80 or 0.00009408 BTC.
• Hedera (HBAR) traded 8.5% lower against the dollar and now trades at $0.0923 or 0.00000111 BTC.
• Internet Computer (ICP) traded down 9.5% against the dollar and now trades at $3.13 or 0.00003780 BTC.
• Algorand (ALGO) traded down 7.4% against the dollar and now trades at $0.12 or 0.00000139 BTC.
• Cosmos (ATOM) traded 6.7% lower against the dollar and now trades at $1.68 or 0.00002024 BTC.

About Qtum

Qtum (QTUM) is a proof-of-stake (PoS) coin that uses the POS 3.0 hashing algorithm. It launched on March 11th, 2017. Qtum’s total supply is 107,822,406 coins and its circulating supply is 106,122,749 coins. The official message board for Qtum is qtum.org/blog. The official website for Qtum 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 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 buy alternative cryptocurrencies such as Qtum directly using U.S. dollars. Investors seeking to trade Qtum should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Gemini, Coinbase or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Qtum using one of the aforementioned exchanges.

QTUM/USD price chart by TradingView