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.
|Price Change 24H||+5.03%|
|Price Change 7D||+1.09%|
|Circulating Supply||104,185,474 QTUM|
|All Time High||$106.88|
|All Time Low||$0.77|
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.
The helm at the foundation of the Qtum Protocol is Patrick Dai, who is an expert in computer science from Draper University and has made renowned contributions to various noted projects like Alibaba, Factom, Vechain, Bitse Group, and Meilink before starting Qtum in 2016. The other two co-founders are the CTO and blockchain architect Neil Mahi and lead developer Jordan Earls.
As a lead Developer Stephen (Xiaolong) XU is a lead developer of Qtum since 2017 who was erstwhile with Tencent and Microsoft serving as a software developer with a degree in Computer Vision from the University of Chinese Academy of Sciences. The Qtum project undoubtedly has an elite segment backing the project with full assistance, including high-profile names like Bitcoin.com’s Roger Ver and Jeremy Gardner, an early crypto investor turned skincare professional, co-founder of Augur and EIR in Blockchain Capital.
Qtum Roots & Expansion
Over a period of time, the management at QTUM realized the limitation of BTC and ETH blockchains and decided to rework making the Qtum token more robust and interoperable in the interest of all users. Addressing the core issues of governance and cost-related aspects concerning proof-of-work mechanism and difficulty of connecting smart contracts with real-life applications, QTUM has been a major contributor to the development of unraveling two unique technologies: Account Abstraction Layer (AAL) and Decentralized Governance Protocol (DGP).
Emerging from Bitcoin with a smart layer, the Account Abstraction Layer integrates the UTXO account layer inspired by Ethereum. It allows users to build applications and host them on virtual machines, including the Ethereum Virtual Machine (EVM) and the x86 virtual machine. It also supports the i686 instruction set and several programming languages like C, C++, Rust, and Python, making it very easy to adapt existing apps and compile for Qtum.
Another advantage with Decentralized Governance Protocol is that one can change the core parameters of the network to develop smart contracts like block size and gas fees, and this does not require a hard fork saving a lot of effort and time. The entire community of Miners (stakers), developers, and QTUM holders within the entire ecosystem are an integral part of blockchain governance, participating through voting contributing to self-management, upgrades, and iteration.
Qtum Price Forecast: Market Sentiment
Going by the past price trend and technical analysis, Qtum price has marked tremendous growth over time, which could be the primary reason for its popularity. The current price of QTUM stands at $7.22, with a market capitalization of $715,678,389.17. The 24 hours trading volume of QTUM stands at $178,493,092.94, with a circulating supply of 99,057,395 QTUM. The Qtum price predictions made based on past data and experts forecasting the future price of QTUM coins in the crypto market on various cryptocurrency exchanges are summed up below:
QTUM/USD has a bright future ahead of it in 2022. With ongoing developments happening within the Qtum ecosystem, we may see the price of Qtum reach new heights. It may surpass its current ATH at about $99.87 this year if investors have decided that Qtum is a profitable investment in 2022, along with mainstream cryptocurrencies like Bitcoin and Ethereum.CoinQuora
Based on our Qtum price forecast, a long-term increase is expected; the price prediction for 2027 is $30.145. With a 5-year investment, the revenue is expected to be around +434.39%. Wallet Investor
According to our Qtum price prediction 2022 and technical analysis, the price of Qtum crypto might hit $10.08, and over the next five years, it might cross the $13.94 price mark which will make it a profitable investment.Digital Coin Price
As per our Qtum forecast, the coin is predicted to cross $10.2424 this year. After the next five years, Qtum’s price might be roaming around the $58.8284 mark based on our future forecast data.Crypto Ground
Qtum tokens have been showing moderate momentum after the Qtum crash in May. The future price of Qtum is predicted at $8.977901614 after a year, according to our Qtum price prediction.GOV Capital
The price of QTUM will continue to be appreciated by investors, with a solid increase in cryptocurrency-based price showing a potential of $8.47266 over this year.Trading Beasts
Qtum/USD predictions: At the start of December 2022, the Qtum price will be around $14.75. A Maximum price of $15.49, a minimum price of $11.80 for December 2022. The average Qtum price for December 2022 is $13.65. Based on our Qtum forecast, the price might be around $14.75 at the end of December 2022.CoinSkid
It seems the future of QTUM price is doomed, and it is speculated that the coin may reflect a significant Qtum price drop to as low as $20.409 by the end of 2022. Hence, traders can earn hefty money by investing or trading it at the current price level.Reddit Community
QTUM’s price might grow massively in six years, say, by 2026. It should have a clear rally around $75.770 to $86.880, and hence QTUM cryptocurrency would be a good investment option for traders to buy QTUM.CoinArbitrageBot
QTUM price seems to be showing negative syndrome and not a bullish trend. The bears will push QTUM Price fall, and the QTUM forecast may make traders sell QTUM sailing at $10.032, and that too with difficulty.CoinDataFlow
Qtum Price Forecasts: 2022-2026
MACD indicator reflects mixed sentiment as the MACD line and Signal line are about to overlap. Hence, the coin might trade in a similar trend for the near-term before registering any steep movement. The chart has been forecasted for Qtum price based on its functionalities, reliability, and security. A further influence on Qtum price can be seen based on the trading or investing activities by investors in the long as well as short-term. Let’s explore the price predictions of this cryptocurrency for the upcoming years.
Qtum Price Prediction 2022
Considering there is no massive volatility ahead for the cryptocurrency market, QTUM will continue to affirm its position as one of the major attractions. According to the current price movements, historical data, and our Qtum forecast, the future is bright for users. They should invest in Qtum crypto to earn massive profits as it might cross the $9.83 mark by the end of 2022.
Qtum Price Prediction 2023
QTUM coin has established a reliable network, and its blockchain-technology-based products may receive mass adoption over time. Based on our Qtum price prediction data, the crypto might easily cross $11.70 by the end of 2023. This Qtum forecast is based on various factors like historical data, current price trends, market cap, products, decentralized apps, etc.
Qtum Price Prediction 2024
There are few speculations going forward for the QTUM crypto forecast. Based on our investment advice, a Qtum price prediction of around $11.37 is forecasted for 2024. This forecast is purely based on the fundamentals of Qtum and prior price data. As per the forecasted price level, users should invest in this crypto to earn hefty profit in the long term.
Qtum Price Prediction 2025
The masterminds carve the QTUM ecosystem. Hence, based on our long-term crypto forecast, Qtum is set to continue to trade with massive momentum and easily cross the price level of $16.40. An astounding optimism is also predicted for QTUM crypto primarily due to its continual performance over the years.
Qtum Price Prediction 2026
Traders can expect that by the end of 2026 the adoption of QTUM crypto price would be reduced than the previous year. The price of Qtum might reach $13.68 by the end of 2026.
Frequently Asked Questions
Is Qtum A Good Investment?
Yes, Qtum is a good investment despite it is relatively new in the crypto space. Lots of influencers have backed this project. This project combines the benefits from being based on Bitcoin and Ethereum. It holds long-term earning potential.
Is QTUM Safe?
Based on a blockchain algorithm, it is highly unlikely that QTUM gets hacked. As owners of Qtum crypto, you are anyway masters of your own wallet, and hence safekeeping thereof falls in your periphery of accountability.
Why do People Trust QTUM?
QTUM coin happens to be the business-facing platform based on decentralized applications as a gift of blockchain technology like Ethereum blockchain-based asset, and hybrid blockchain asset, QTUM’s future is bright. Trading for QTUM is no wonder having its own advantages overriding its limitations.
Why Should I Use QTUM Over Bitcoin and Ethereum?
Today, many countries have understood that depending on conventional cryptocurrencies alone is not posing any brighter future advantages and thus gradually towards cryptocurrencies. As a deflationary asset and digital, safety and decentralization are ensured with QTUM as much as value appreciation!
Can I Make Money with QTUM?
Indeed yes. Since the QTUM cryptocurrency is just a few years old, its performance will be quite bullish, say at least for five years though we can’t accurately predict the QTUM prices. The movement of QTUM can be tracked diligently. Investors are advised to do their own research calculations before trading or investing following market predictions for trading in QTUM and other cryptocurrencies like Bitcoin and Ethereum.
Source link: https://www.cryptonewsz.com/forecast/qtum-price-prediction/