Qtum (QTUM) Price Analysis: Will Qtum Continue Its Stable Growth?
Qtum (pronounced ‘quantum’) is an open -source decentralized blockchain based proof-of-stake (PoS) platform, enabling money transactions and features smart contract. Qtum was designed to integrate the best of both Bitcoin and Ethereum platforms into a business-friendly blockchain. It offers high-level security, scalability, and usage in real-world challenges. It is a coin as well as a business platform.
As on May 04, 2019 at 9:34:02 UTC, the market price of Qtum is 2.64 USD. Price is down by -0.6% from the last closing price. Currently, Qtum market cap is around 229,014,413 USD, 24 h volume is at 219,956,631 USD and ROI is in negative 59.93%. It is ranked number thirty-two in the crypto market. The 24-hour High/Low is 2.71 USD and 2.54 USD. As on April 04, 2019 at 7:34:02 UTC, the price was 3.24 USD. The price was reduced to the extent of 18.51% over the past month. Qtum is one of those few coins which had managed to stay stable when the markets kept falling apart in 2018. The value of Qtum is constantly growing.
Analysts’ 2019 Prediction for Qtum:
Though Qtum is bearish in the short term, it is trending after the announcement of a partnership with Google Could. Also, with the launch of Unita and by partnering with Starbucks, the Qtum team aims to increase its adoption across businesses globally. Due to this, the medium-term prospects look good, and there is a chance of an increase in its market price in the future. Qtum developers are constantly working on upgrading the platform and exploring new areas of science.
Even though there have been a downward movement and sudden rise, the price of Qtum has been relatively stable over time, even during the 2018 market downturn. This shows that investors and traders have trust in the coin and still want to buy or trade in it. Investors holding the coin are advised to hold it for some more time. There may soon be a scarcity of Qtum coins, and it will be harder to buy, and its price could go up. Analysts are confident that Qtum’s price will rise during the second half of the year. Experts predict that the coin may rise as high as 8 USD by the end of 2019. Also, do read our QTum price prediction to find more information long-term potentials of the coin. Investors who want to be part of the larger community and make a difference at large can think of investing in quantum.