Qtum is a smart contract blockchain platform, that has been showing high potential lately. But it has been experiencing stiff competition from cryptos like Ethereum as both are based on a similar model, where smart contracts and decentralized applications are included. Qtum became unstoppable when amidst the bearish market trend, it didn’t get affected much as it had partnered with the world-renowned Coffee Chain, Starbucks. It even had other partnerships like 360 Finance and many major organizations like Google Cloud, which has made it even more popular. You can use Qtum on Apple Pay and Samsung Pay too. (Qtum News Today)
Qtum is a cryptocurrency based out of Singapore, created by Patrik Dai and Jordan Earls in 2017, with the aim of presenting it as a business-facing platform. Qtum, pronounced as Quantum, enables the businesses to develop smart contracts and decentralized apps (dapps). Qtum works on the Proof of Stake (PoS) protocol where the node operators are being rewarded for validating the transactions. Qtum works a bit like the Bitcoin’s UTXO transaction model. Hence, Qtum is an innovative combination of the world’s two largest cryptocurrencies- Bitcoin and Ethereum.
Currently, Qtum (QTUM) is trading at $2.9836 with QTUM price 4.47% down today. The market cap of Qtum is USD 286,078,864 with 95,885,060 Qtum circulating currently. The 24-hour price movement chart indicates that $216,846,027 worth of QTUM were trading. The price peaked to $3.1500 in the last 24 hours while the lowest price was $2.9200. (Qtum crypto price)
As we all know, the crypto market is full of volatility and uncertainty, hence predicting about crypto down the line is a bit of a difficult job, but we have come to certain predictions based on Qtum crypto news and what the market leaders or the websites are talking. Let us have a look at some of those:
Wallet Investor is one of the most famous crypto prediction sites, which have forecasted about almost all the cryptocurrencies. They have predicted that by the end of 2019, Qtum might go down and reach $2.090.
Trading Beasts have shown the predictive data based on months, and they have concluded that by the end of 2019, say December, QTUM might reach as high as $3.54 or as low as $2.41. They even predicted for the years to come and forecasted that Qtum might reach as high as $8.28 by 2021.
Crypto Ground has nicely stated the probable change in Qtum price in a day, a week, a month, 6 months, a year and 5 years. As per Crypto Ground, Qtum might reach $3.5648 in 6 months and $4.0957 in a year. By 2024-2025, Qtum might reach $68.79 which is around 2164% growth.
Digital Coin Price is a cryptocurrency prediction site, which has predicted Qtum price in months to come. They forecasted that by the end of 2019,i.e, by December 2019, QTUM might reach 5.12 USD.
Coin Fan also came up with a chart where they have predicted the maximum and the minimum price of Qtum every month. They have predicted that by the end of 2019 Qtum might reach $5.083 (maximum) or $3.757 (minimum).
Qtum’s recent partnership with Google Cloud not only made it on the headlines but also it soared high amidst the bear run. Partnering with Google Cloud can help in enabling the blockchain ecosystem simpler and faster. This announcement led Qtum to be one of the top 30 cryptocurrencies by market capitalization. At the beginning of this year too, another feature rolled out to the Qtum users in the form of atomic swaps with Bitcoin, enabling them to trade efficiently without any intermediary infrastructure. There might be many more pathbreaking achievements to come in the months and years ahead. By the end of 2019, Qtum might reach $8.65.
2019 seems to be better for Qtum as compared to the other cryptocurrencies as it has shaken hands with the best enterprises in the world like Starbucks, Google Cloud, 360 Finance and so on. Qtum is coming up with Unita, which is a blockchain protocol designed for different enterprises. It helps in storing data securely and automating information transfer at 10,000 transactions per second, which is groundbreaking. The Qtum community is even planning for mainnet integration by this quarter or next quarter. They have plans of introducing EVM with new Byzantium codes. With all these developments upfront, QTUM might reach around 4X of what it is today, i,e, $8.65.
2020 is going to prove noteworthy as by then Qtum might be high on the adoption rate as the coin will be exposed and embraced by most of the users. The user community might increase with constant innovation in its technology and trusted library features. The Qtum core improvements from both the backend and frontend are there on the cards and that might improve the working of the coin. By 2020, Qtum price might soar high and reach $19.645.
Qtum might even be going up the ranking ladder and can become one of the top 20 cryptocurrencies, which is users’ favorite. Most new advancements are predicted five years down the line, as the Qtum community of developers are technologically advanced. Qtum price prediction suggests that the Qtum price is up for a long-term 1648.615541% in the QTUM price value with a 5-year investment. This means that in the year 2025, the Qtum price is forecasted to stand at $ 52.171. You can keep track of Qtum’s progress by adding it to your wallet portfolio.
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