Qtum قیمت

Qtum could be a good crypto asset in your portfolio, especially if you wish to invest in the Web3 sector. Qtum offers a highly capable and robust ecosystem to deploy Ethereum-compatible dApps with greater efficiency and could see considerable traction among developers as Web 3.0 goes mainstream.

The upcoming Web3 revolution could drive the demand for more scalable and reliable blockchain ecosystems beyond Ethereum. Such demand could make the Qtum blockchain attractive, boosting QTUM price statistics.

The Qtum token price could also increase as the market sentiment toward cryptocurrencies improves. A bullish or risk-on mood in global financial markets could increase buying activity, boost investor confidence, and increase the QTUM value.

While offering an accurate Qtum price prediction over any duration is impossible, you can monitor critical fundamentals that drive the most price action and volatility in the QTUM token. These include:

Level of Adoption of Ecosystem

As more developers build and deploy their apps on the Qtum network, bringing in more users to the blockchain, the on-chain activity could rise. This could increase the value of QTUM crypto in the market.

Future Developments

When Qtum’s developers roll out significant network upgrades that positively impact its efficiency, investor confidence in its native token picks up. In addition, announcements of new partnerships, integrations, and investments can also support the QTUM price.

Market Outlook

A favorable outlook towards cryptocurrencies in general and Web3 specifically also play an essential role in causing an uptrend in the value of QTUM. The QTUM price heads higher amid a positive market sentiment, while a bearish or risk-averse mood among investors could weaken the Qtum value.

QTUM is the native utility token of the Qtum blockchain and has the following applications:

Pay Transaction Fees

$QTUM is used to pay gas fees when using the Qtum blockchain to conduct transactions. You must also pay with QTUM when executing smart contracts or interacting with dApps in the ecosystem.

Staking

As a PoS network, you can stake QTUM to become a validator on the network to verify transactions and add new blocks to the blockchain. You can earn rewards in QTUM for your staking activities.

Crypto Asset to Trade and HODL

Trade Qtum against other digital assets to profit from changing market conditions or volatility. You can buy or sell QTUM against other cryptocurrencies or hold it long-term if you believe in the future potential of the Qtum network. Review the live price of Qtum crypto, QTUM current market cap, current circulating supply, and 24-hour trading volume, and perform technical, sentiment, and fundamental analysis on the QTUM price chart before trading Qtum in the market.

You can stake QTUM tokens on the PoS Qtum chain to participate as a validator node within the network, earning rewards. Here’s how to stake $QTUM using Qtum Web Wallet:

1. Generate a new address on the Qtum Web Wallet. Fund your wallet with sufficient tokens by buying QTUM on KuCoin or other supported platforms and withdrawing your tokens to your wallet.

2. Head to the Qtum blockchain explorer and click the Staking option under the Resources tab.

3. View the Super Staker addresses to which you can delegate your tokens and review their block rewards before selecting an option. Copy the wallet address from here.

4. Head back to your Qtum Web Wallet and click on Offline Staking.

5. Click to Add Delegation, enter the Staker Address, enter the number of QTUM tokens you wish to delegate, and click Confirm.

6. Sit back, earn rewards, and grow your holdings by staking QTUM via delegation.

Out of a total supply of 107,822,406 QTUM, the circulating supply of QTUM stands at a little over 104,000,000 as of March 2023. The circulating supply varies based on the level of use and staking activity on the Qtum network.