Qtum is recovering as its total supply nears its supply cap. It appears to be sending mixed messages to investors as its trading volume is down 19% over the past 24 hours.
If you want to know what Qtum is, is it worth buying and where is the best place to buy Qtum today, our short guide has all the essentials covered.
What is Qtum?
Qtum, pronounced Quantum , is a Proof-of-Stake (PoS) smart contract open source blockchain platform and value transfer protocol that aims to merge the strengths of Bitcoin and Ethereum on one chain.
It is based on Bitcoin's UTXO transaction model, with the added functionality of Smart Contract Execution and DApps. It also supports DeFi applications.
Qtum was launched in March 2016 and the ICO, held a year later, raised $15 million. In the beginning, Qtum was an ETH-20 token. With the launch of mainnet, it migrated to a native blockchain.
Should I buy Qtum today?
Qtum may turn out to be a profitable investment. Still, we recommend reading multiple price predictions and studying the market before making a commitment. It can reverse its recent gains more easily than you might imagine.
Qtum Price Prediction
According to Wallet Investor, the price of Qtum will rise to $35.47 in 5 years. This corresponds to sales of around +374%. If you invest $100 in the token now, you might have $474 in 2027.
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