The Overview of Qtum

The market of cryptocurrencies has been a constant attraction to traders, individual investors, and institutional investors for quite some time and, more importantly, so in the recent pandemic. The credit must be given to the hyped expectations from fiat currencies that could not stand the test of time. On the contrary, cryptocurrencies have demonstrated a notably appreciable price movement, showcasing tremendous middle to long-term gains.

Qtum Overview

Cryptocurrency Qtum
Ticker Symbol QTUM
Price $3.35
Price Change 24H +5.03%
Price Change 7D +1.09%
Market Cap $433,515,072
Circulating Supply 104,185,474 QTUM
Trading Volume $95,293,617
All Time High $106.88
All Time Low $0.77
Qtum ROI +995.14%

All these factors have been put in principle by one answer – the Blockchain. With time came cryptocurrencies on the digital roadmap with date-set milestones and then manifested the genesis of QTUM.

More commonly read as “Quantum,” the native token QTUM of the Qtum Protocol is founded on the principles of Proof-of-Stake (POS) that is renowned to be a smart contract open-source blockchain platform with value transfer protocol. One can say that it brings the best of both worlds: Bitcoin and Ethereum in one chain. Adding the benefits of DeFi applications, the Qtum platform also combines UTXO transaction models incorporating the implementation of smart contract execution and dapps.

Qtum: The Quantum Calling

With a specific objective of making traders feel safe and transactions more secure and implemented with lightning-fast speed, QTUM floated its own ICO in March 2017. With a magnanimous gain, it raised $15 million. Even though in the nascent stage of the launch, Qtum was an ETH-20 token, later it moved to native blockchain being onboarded to Mainnet.