Today: 2021-10-26 Disclaimer: This is not a financial advice

Is it a Good Time to Buy Qtum Right Now?

Current Price
$13.32
All Time High: $100.22

Qtum is down -86.74137% from its highest price on 2018-01-06.

5/5
Avarage Daily Volume: $205,661,270.00

Qtum has a daily trading volume of $205,661,270.00 which it will make it super easy for you to sell your holdings of Qtum

Community

Qtum has 276368 total followers in all its social media accounts.

5/5
Exchanges

Qtum is listed on 100 exchanges

5/5
Price Potential

Qtum price value has the potential to increase to $432.66 in the next crypto bull run.
Which may take up to 5 years from now.

Overall Score

Our algorithm believes it's An Excellent time to invest in Qtum right now. We give it all overscore of

4.5/5

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Summary of Qtum(QTUM):

Qtum(QTUM) today price is $13.32, which is down -86.74137% from it's all time high. The avarage daily volume is $205,661,270.00 and you can trade Qtum on 100 exchanges.

276368 people are following Qtum in all social media accounts.

Our algorithm believes it's An Excellent time to invest in Qtum with confident score of 4.5 out of 5.

What is Qtum(QTUM)?

Qtum is a decentralized and open-source smart contracts platform and value transfer protocol. Qtum uses proof-of-stake consensus, meaning node operators are rewarded for validating transactions. It is a DGP governed blockchain where community participants can vote to change certain network parameters. Qtum is built on a bitcoin core fork, but the foundation has created its own hybrid blockchain with the help of several key tools. The coin uses bitcoin’s chain because of its simple and stable nature, allowing the foundation to build upon it more easily. As the QTUM project is a hybrid of Bitcoin and Ethereum, its team comprises of members from both Bitcoin and Ethereum community. They also have team members who formerly worked with Tencent, Alibaba, Nasdaq etc. Apart from that, they are backed by some notable VCs and prominent people from the Blockchain community such as Patrick Dai (Project Co-Founder), Neil Mahi (Chief Blockchain Architect/Co-Founder) and Jordan Earls (Lead Developer/Co-Founder). Qtum provides a Turing-complete blockchain stack and is able to execute smart contracts and decentralised applications like the Ethereum blockchain. Qtum builds on Bitcoin's UTXO transaction model and uses the Proof-of-Stake algorithm. It is backed by some highly prominent members of the blockchain community such as Anthony Di Iorio, Xu Star, Bo Shen, David Lee, Jehan Chu and Roger Ver. Qtum sold over 10 million dollars’ worth of its tokens after only 90 minutes, eventually raising a total value of $15.7 million before stopping the campaign early after only 5 days. They raised a total amount of 11,156.766 bitcoins (BTC) and 77,081.031 ether (ETH) in exchange for the 51 million Qtum tokens being distributed to the public. In Qtum’s whitepaper, 51% of the coins were distributed to the public via the crowdfunding campaign. Of the remaining 49%, 29% of the coins would be allocated as community incentives, and the remaining 20% would be distributed to the early backers and development team.