Qtum is a blockchain based proof-of-stake (PoS) platform enabling money transactions. The security protocol in the system uses Bitcoin’s UTXO technology and aims to redefine the digital economy through blockchain and relative methods. The innovative features offer high-level security, scalability, and usage in the real world challenges. The open source decentralized system allows users to build smart contracts in an accessible & friendly environment with ease of development & execution. With the launch of Unita recently which is specifically designed for the enterprises, the team of Qtum aims to increase its adoption in the world of business globally.
Current Statistics
According to the CoinMarketCap, Qtum is ranked at the 34th position in the top 100 cryptocurrencies list. As on April 27, 2019, at 07:49:03 UTC, the market cap is recorded as 211,345,390 USD. The price is trading at 2.36 USD & 0.00044945 BTC and 24 h volume is 161,642,482 USD. The ROI stands at -63.07%. The circulating supply is 89,427,424 QTUM as against the total supply of 101,427,424 QTUM and maximum supply of 107,822,406 QTUM.
Comparison
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If we look at the past 90 days, the highest price was recorded at 3.69 USD & the lowest was around 1.72 USD. The highest was the same in the past 30 days as well although the lowest came to 2.29 USD. In the last 7 days, the highest price was 2.97 USD, and the lowest was 2.29 USD. As on March 30, 2019, at 06:49:02 UTC, the market cap was 243,790,561 USD, the price was 2.73 USD and 0.00066337 BTC, and 24 h volume was 146,900,349 USD. The downtrend of over -13.55% was recorded in the past one month; however, the crypto is expected to show an upward movement very soon. The recent announcements of Unita have already drawn attention from the market analysts, and the crypto is speculated to set new benchmarks in the global business landscape through the path of digital economic revolution.
Prediction
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The coin has always been in the news. Be it the partnership with Amazon Web Services last year or being adopted as the payment option on Apple Pay & Samsung Pay, QTum is strategic, focused and here to stay. Blockchain-based cryptocurrencies are gaining popularity since the advent of the year 2019, and it is only a matter of time for coins like QTum to bounce back higher. Additionally, the team is leaving no stone unturned to pitch the coin before booming entrepreneurs through its strategic partnerships and rewarding them through online event participation. The roadmap laid out by the founders is pretty transparent and is on track as of now. All they need is some good partnerships for the adoption of Unita from the global businesses to spin the game in its favor once again. The team is also working towards overall enhancement in the platform to allow more transactions per second, increase security which will make it a more reliable platform. Based on our QTum price prediction, from a two year perspective, the price can reach 100 USD, and from a 5-year perspective, it can be as high as USD 400.
