Qtum is a hybrid blockchain platform that merges the security of Bitcoin and Ethereum’s smart contract technology. Designed to empower business applications and interoperate across different economic sectors, Qtum has gained popularity due to its adaptability to a wide range of purposes. In 2024, the platform continues to upgrade its infrastructure, focusing on scalability, security, and implementing Layer 2 solutions to improve performance.
There is a particular focus on integration into business processes, making Qtum particularly attractive to developers and businesses looking to leverage blockchain technology for streamlining. In an environment of ever-tightening regulation of the cryptocurrency sector and intense competition, Qtum stands out for its sustainability and commitment to innovation.
This article examines the outlook for Qtum’s exchange rate against the US dollar (QTUM/USD), providing a forecast for 2024-2026 and beyond. We will discuss the factors shaping the value of Qtum’s value and delve into the current market conditions and the future of this cryptocurrency to help you make informed trading decisions.
The article covers the following subjects:
Major Takeaways
- The current price of QTM is $3.337 as of 22.11.2024.
- The QTM price reached its all-time high of $106.876 on 2018-01-07. Qtum’s all-time low of $0.77 was recorded on 2020-03-13.
- Analysts’ predictions of Qtum’s price movement in 2024 are mixed. Some analysts suggest a range of $1.6–$4.7, implying possible sharp price fluctuations and high volatility. Others expect the QTM price to move sideways. Meanwhile, some analysts expect Qtum to start gaining ground and reach $4.17 by year-end.
- Most analysts believe Qtum will begin a bullish trend in 2025, peaking at $4.65 by the end of December. However, analysts hold differing views on the growth pace, with some predicting a relatively gradual increase while others point to high volatility.
- Several analysts forecast Qtum’s price will exceed $6 in 2026 and soar to $17.10–$24.46 by 2030. Despite the contrasting forecasts, the overall sentiment among experts remains optimistic, and the long-term outlook looks bullish. Widespread adoption of blockchain technology and Qtum’s smart contracts will likely fuel the coin’s surge.
QTM Real-Time Market Status
The QTM price is trading at $3.337 as of 22.11.2024.
It is essential to track the following key indicators to gain insight into the Qtum (QTUM/USD) market’s performance:
- Market sentiment. Market sentiment helps to determine whether investors are bullish or bearish about Qtum. It directly affects the price movement in the short term and can be assessed through social media and news analysis.
- Trading volume shows how actively Qtum is traded. High trading volume implies higher liquidity and market demand, making the price less prone to wide fluctuations due to large trades.
- The price change over the past 12 months provides insight into the historical performance of Qtum and the overall trend, whether upward or downward. This metric is useful for identifying long-term trends and support/resistance levels.
- Market capitalization represents the current total value of all Qtum coins in circulation. It is a key indicator for gauging a project’s maturity level and value in the cryptocurrency market.
- The circulating supply refers to the number of coins currently in circulation, while the maximum supply denotes the total number of coins that will ever be created during the cryptocurrency’s lifetime. The correlation between these indicators offers insights into an asset’s future scarcity, which could influence its value.
These metrics provide a comprehensive snapshot of the Qtum market and help investors make informed decisions by assessing activity, liquidity, market sentiment, and future supply.
QTM Price Forecast for 2024–2025 Based on Technical Analysis
On the daily time frame, the QTMUSD price is showing bullish signals.
The SMA (9) is at $2.32, which indicates that the price may continue to trade within the current uptrend, especially if it remains above this level. The EMA offers a support level that maintains the bullish trend.
Bollinger Bands are diverging, which means volatility is increasing. The current price is near the upper band at $2.61, suggesting a looming correction or a consolidation phase. The price may rebound from the upper boundary or break through it, continuing the upward movement.
MACD is also generating a bullish signal. The MACD line is at 0.0146, and the signal line is at 0.0467. A positive MACD line value and its crossover above the signal line suggest that the uptrend will likely persist.
The stochastic oscillator points to an overbought market condition, with the K line at 95.85 and the D line at 93.84. This means that the price may start a correction as the asset has reached an overbought zone.
The ATR indicator is at 0.1304, signaling high volatility. The high ATR value also means that traders should be ready for wide price fluctuations in the near future.
The RSI is standing at 66.36, pointing to an uptrend. At the same time, the indicator’s value is close to the overbought zone (70), assuming that the bullish trend is waning or a correction is about to begin.
On the daily time frame, the overall picture suggests an optimistic outlook. Although the stochastic oscillator shows an overbought condition and the RSI approaches the overbought zone, bullish signals from MACD and moving averages allow us to conclude that the uptrend will remain intact. Volatility determined by Bollinger Bands and ATR also indicates that the price will experience significant fluctuations, which is important to consider when building your trading plan.
Month |
QTMUSD Projected Values |
|
Minimum, $ |
Maximum, $ |
|
December 2024 |
2.50 |
2.90 |
January 2025 |
2.55 |
3.05 |
February 2025 |
2.65 |
3.15 |
March 2025 |
2.70 |
3.25 |
April 2025 |
2.80 |
3.40 |
May 2025 |
2.85 |
3.50 |
June 2025 |
2.90 |
3.65 |
July 2025 |
3.00 |
3.75 |
August 2025 |
3.10 |
3.90 |
September 2025 |
3.20 |
4.00 |
October 2025 |
3.30 |
4.10 |
November 2025 |
3.35 |
4.25 |
The forecast is based on the current values of technical indicators and assumes that the uptrend will continue in the coming months. However, according to oscillators’ signals, the price may face short-term corrections due to an overbought condition.
Long-Term Trading Plan for QTMUSD
Based on current technical analysis, we can identify several key levels and develop a long-term trading strategy for Qtum (QTMUSD).
Support and resistance levels
- The current ascending channel pinpoints key support levels around $2.05 and $2.44.
- The key resistance levels are at $2.70 and $2.84, as confirmed by the previous highs and volatility.
Trading strategy
- Open a long position on a rebound from the $2.40 support level or lower to enter the market at the most favorable price.
- More long trades can be opened once the $2.90 level is breached. This breakout will confirm bullish momentum.
- Target levels for profit-taking are set at $3.35 and $3.60 based on the current resistance and further upside potential.
Orders
- A stop-loss order should be placed below the support at $2.20 to minimize losses in case of a bearish reversal.
- The main target is $3.40. It can be shifted to $4.00 if the uptrend is sustainable.
General strategy
- The price may correct to $2.35, allowing you to enter the market at a lower price and keep the position open.
- If the $3.00 level is broken through, more long positions can be opened. The stop-loss order can be moved to a breakeven point.
- Monitor market news and fundamental factors, which can significantly change the current trend.
The QTMUSD presents a promising opportunity for long-term trading, provided that proper risk management is employed and the current support and resistance levels are considered.
Analysts’ QTM Price Projections for 2024–2025
Cryptocurrency experts estimate Qtum’s outlook for 2024–2025, offering varying predictions. Changelly and PricePrediction expect moderate growth, with projected highs of around $3.45 and $4.44, respectively. Meanwhile, DigitalCoinPrice is more optimistic, predicting a price increase to $6.96 by 2025. Let us examine these forecasts in detail.
Changelly
Price range in 2024–2025: $2.37–$3.45 (as of 10.11.2024).
According to Changelly, Qtum (QTM) is expected to trade from $2.37 to $3.45 in 2024–2025. The forecast assumes a gradual increase over the next few months. Analysts assume the average price will hover near $2.72 in November 2024 and reach $4.47 by December 2025.
Monthly forecasts point to significant growth, especially in the summer of 2025, when the average price will gradually increase, starting at $3.84 in July and reaching $4.47 by the end of the year. The trend indicates optimistic market expectations and positive dynamics for investors interested in Qtum.
Month |
Minimum, $ |
Average, $ |
Maximum, $ |
November 2024 |
2.48 |
2.72 |
2.96 |
December 2024 |
2.37 |
2.64 |
2.91 |
January 2025 |
2.38 |
3.09 |
2.74 |
February 2025 |
2.38 |
3.21 |
2.80 |
March 2025 |
2.39 |
3.34 |
2.87 |
April 2025 |
2.39 |
3.46 |
2.93 |
May 2025 |
2.40 |
3.59 |
3 |
June 2025 |
2.40 |
3.72 |
3.06 |
July 2025 |
2.41 |
3.84 |
3.13 |
August 2025 |
2.41 |
3.97 |
3.19 |
September 2025 |
2.42 |
4.09 |
3.26 |
October 2025 |
2.42 |
4.22 |
3.32 |
November 2025 |
2.43 |
4.34 |
3.39 |
December 2025 |
2.43 |
4.47 |
3.45 |
DigitalCoinPrice
Price range in 2024–2025: $2.40–$6.96 (as of 10.11.2024).
DigitalCoinPrice predicts that Qtum’s (QTM) price between 2024 and 2025 could range from $2.40 to $6.96, indicating significant upside potential. In 2024, the expected minimum price is $2.40, the average price is projected to be $5.40, and the maximum price is estimated to reach $5.89.
For 2025, the forecast is even more optimistic. The minimum price is $5.77, the average price is $6.41, and the maximum price could reach $6.96. These figures indicate a steady uptrend in Qtum’s value, which may attract long-term investors and those focused on getting high returns from cryptocurrency assets.
Year |
Minimum, $ |
Average, $ |
Maximum, $ |
2024 |
2.40 |
5.40 |
5.89 |
2025 |
5.77 |
6.41 |
6.96 |
PricePrediction
Price range in 2024-2025: $2.50–$4.44 (as of 10.11.2024).
PricePrediction anticipates Qtum (QTM) to trade between $2.50 and $4.44 in 2024 and 2025. According to the forecast, the minimum price will remain above $2.50, the average price will stand near $2.62, and the maximum price will be $2.82 in 2024. However, a slight decline is expected.
In 2025, the situation looks more promising. The minimum price may climb to $3.70, the average price will settle at $3.81, and the maximum price will be $4.44, pointing to possible growth. The forecast reveals the long-term growth potential, suggesting that early investors may be interested in the asset.
Year |
Minimum, $ |
Average, $ |
Maximum, $ |
2024 |
2.50 |
2.62 |
2.82 |
2025 |
3.70 |
3.81 |
4.44 |
Analysts have provided a range of forecasts for Qtum in 2024-2025. Analysts at Changelly and PricePrediction anticipate an upward trend, with prices reaching $3.45 and $4.44, respectively. This reflects moderately bullish expectations. In contrast, DigitalCoinPrice is more optimistic, forecasting a maximum of $6.96 by 2025. Overall, analysts are positive about Qtum’s long-term growth potential. However, forecasts vary significantly, highlighting the inherent risks and uncertainty in the cryptocurrency market.
Analysts’ QTM Price Projections for 2026
Analysts anticipate that Qtum will continue to trade in its upward trajectory in 2026. We will examine several forecasts from leading analytical agencies, including Changelly, DigitalCoinPrice, and PricePrediction to provide a comprehensive overview of the potential price range and market sentiment.
Changelly
Price range in 2026: $2.70–$6.34 (as of 10.11.2024).
According to Changelly analysts, Qtum’s value is projected to increase significantly through 2026 from a low of $2.70 in January to a high of $6.34 in December. The growth is driven by expected technology upgrades and Qtum’s strengthening position in the blockchain business solutions market. These figures indicate a sustained bullish trend, especially against an overall increase in demand for smart contracts and business applications, making Qtum a promising asset for long-term investment in 2026.
Month |
Minimum, $ |
Average, $ |
Maximum, $ |
January |
2.70 |
4.59 |
3.69 |
February |
2.98 |
4.71 |
3.93 |
March |
3.25 |
4.83 |
4.17 |
April |
3.53 |
4.95 |
4.41 |
May |
3.80 |
5.07 |
4.65 |
June |
4.08 |
5.20 |
4.90 |
July |
4.35 |
5.32 |
5.14 |
August |
4.62 |
5.44 |
5.38 |
September |
4.90 |
5.56 |
5.62 |
October |
5.17 |
5.68 |
5.86 |
November |
5.45 |
5.80 |
6.10 |
December |
5.72 |
5.92 |
6.34 |
DigitalCoinPrice
Price range in 2026: $7.87–$9.75 (as of 10.11.2024).
According to DigitalCoinPrice‘s forecast, Qtum is projected to post significant gains in 2026, with a price range of $7.87 to $9.75. The average price will be around $9.41 throughout the year, indicating a bullish trend for the digital asset’s rate. The growth is expected due to the development of the project’s infrastructure and its increased use in business software solutions.
Year |
Minimum, $ |
Average, $ |
Maximum, $ |
2026 |
7.87 |
9.41 |
9.75 |
PricePrediction
Price range in 2026: $5.44–$6.39 (as of 10.11.2024).
Analysts at PricePrediction anticipate a notable increase in the value of Qtum in 2026. The projected price range is between $5.44 and $6.39, with an average price of approximately $5.59, reflecting a favorable market outlook and indicating that the asset will continue to appreciate due to growing interest in blockchain platforms and business apps
Year |
Minimum, $ |
Average, $ |
Maximum, $ |
2026 |
5.44 |
5.59 |
6.39 |
Analysts anticipate considerable potential for growth in the value of Qtum in 2026, with a projected price ranging between $2.50 and $9.75. Changelly and PricePrediction expect strong price appreciation, with gains exceeding 100%. This reflects confidence in the project’s sustainability and relevance in the context of growing demand for smart contracts. DigitalCoinPrice forecasts reaching higher values, suggesting the potential for significant asset strengthening under favorable market conditions.
Analysts’ QTM Price Projections for 2027
Forecasts of Qtum’s value in 2027 reveal a wide range of potential prices and a general upward trend.
Changelly
Price range in 2027: $5.95–$9.96 (as of 10.11.2024).
Analysts at Changelly anticipate a notable uptrend in the Qtum cryptocurrency’s price in 2027. The minimum price will be $5.95 in January, gradually increasing to $9.96 by December. In addition, the average price is projected to surge throughout the year, beginning at $6.16 in January and reaching $8.76 by December.
Month |
Minimum, $ |
Average, $ |
Maximum, $ |
January |
5.95 |
6.16 |
6.64 |
February |
6.19 |
6.39 |
6.94 |
March |
6.42 |
6.63 |
7.25 |
April |
6.66 |
6.87 |
7.55 |
May |
6.89 |
7.10 |
7.85 |
June |
7.13 |
7.34 |
8.15 |
July |
7.36 |
7.58 |
8.45 |
August |
7.59 |
7.81 |
8.75 |
September |
7.83 |
8.05 |
9.06 |
October |
8.06 |
8.29 |
9.36 |
November |
8.30 |
8.52 |
9.66 |
December |
8.53 |
8.76 |
9.96 |
DigitalCoinPrice
Price range in 2027: $10.32–$12.18 (as of 10.11.2024).
DigitalCoinPrice analysts predict that Qtum will keep rising in 2027. It is expected to hit a minimum price of $10.32 and a maximum price of $12.18. The average price is projected to be $11.47 in 2027.
Year |
Minimum, $ |
Average, $ |
Maximum, $ |
2027 |
10.32 |
11.47 |
12.18 |
PricePrediction
Price range in 2027: $7.66–$9.34 (as of 10.11.2024).
According to PricePrediction, Qtum will trade within the range of $7.66 to $9.34 in 2027. The projected average price is $7.89. This forecast points to sustained asset value growth based on its current trajectory and potential widespread adoption.
Year |
Minimum, $ |
Average, $ |
Maximum, $ |
2027 |
7.66 |
7.89 |
9.34 |
Analysts anticipate a significant increase in the value of Qtum in 2027. Changelly expects the price to range between $5.95 and $9.96, while DigitalCoinPrice suggests that Qtum will surge from $10.32 to $12.18. PricePrediction also sees growth opportunities, with a projected range of $7.66–$9.34.
Analysts are generally optimistic, predicting robust growth in the asset’s value. However, investors should consider the volatility and exercise caution when making long-term investments.
Analysts’ QTM Price Projections for 2028
Forecasts for the price of Qtum in 2028 vary considerably, from more subdued expectations to optimistic scenarios. To gain a full understanding of the potential price movement of Qtum in 2028, it is essential to examine the predictions of industry experts.
Changelly
Price range in 2028: $8.81–$14.71 (as of 10.11.2024).
According to Changelly, Qtum’s rate is expected to fluctuate between $8.81 and $14.71 in 2028. It is projected to grow steadily throughout the year, with a minimum price of $8.81 in January and a maximum price of $14.71 in December, reflecting Qtum’s significant investment potential.
Month |
Minimum, $ |
Average, $ |
Maximum, $ |
January |
8.81 |
9.06 |
10.36 |
February |
9.10 |
9.36 |
10.75 |
March |
9.38 |
9.66 |
11.15 |
April |
9.66 |
9.96 |
11.54 |
May |
9.95 |
10.26 |
11.94 |
June |
10.23 |
10.57 |
12.34 |
July |
10.51 |
10.87 |
12.73 |
August |
10.80 |
11.17 |
13.13 |
September |
11.08 |
11.47 |
13.52 |
October |
11.36 |
11.77 |
13.92 |
November |
11.65 |
12.07 |
14.31 |
December |
11.93 |
12.37 |
14.71 |
DigitalCoinPrice
Price range in 2028: $10.32–$12.18 (as of 10.11.2024).
DigitalCoinPrice forecasts a price range of $10.32 to $12.18 for Qtum, similar to their forecasts for 2027. The average value is $11.47. Analysts believe Qtum’s market value will grow despite possible fluctuations in the cryptocurrency sector.
Year |
Minimum, $ |
Average, $ |
Maximum, $ |
2028 |
10.32 |
11.47 |
12.18 |
PricePrediction
Price range in 2028: $11.25–$13.30 (as of 10.11.2024).
PricePrediction is bullish on Qtum for 2028, suggesting that the price could range between $11.25 and $13.30. The average expected price is $11.57. This implies significant growth and long-term potential for investors.
Year |
Minimum, $ |
Average, $ |
Maximum, $ |
2028 |
11.25 |
11.57 |
13.30 |
Analysts anticipate that Qtum will experience consistent growth in value throughout 2028. However, price projections vary. Changelly anticipates a price range of $8.81 to $14.71, reflecting moderate growth. PricePrediction’s forecasts also indicate a potential for significant upside, with a maximum price of $13.30. DigitalCoinPrice maintains a more conservative view, offering a range of $10.32 to $12.18.
Analysts’ QTM Price Projections for 2029
This section contains forecasts for the price of Qtum for 2029 based on estimates from leading analytical agencies. The forecasts take into account potential market changes and economic factors that may affect the cryptocurrency’s price.
Changelly
Price range in 2029: $12.36–$20.54 (as of 10.11.2024).
Changelly projects that Qtum will settle in the $12.36–$20.54 range in 2029, with the potential for notable growth throughout the year. In January, the minimum price will be $12.36, with a maximum of $15.20. The QTM price will likely demonstrate an upward trajectory over the year, reaching $17.13 to $20.54 by the end of December.
Month |
Minimum, $ |
Average, $ |
Maximum, $ |
January |
12.36 |
12.81 |
15.20 |
February |
12.80 |
13.25 |
15.68 |
March |
13.23 |
13.69 |
16.17 |
April |
13.66 |
14.12 |
16.65 |
May |
14.10 |
14.56 |
17.14 |
June |
14.53 |
15 |
17.63 |
July |
14.96 |
15.44 |
18.11 |
August |
15.40 |
15.88 |
18.60 |
September |
15.83 |
16.32 |
19.08 |
October |
16.26 |
16.75 |
19.57 |
November |
16.70 |
17.19 |
20.05 |
December |
17.13 |
17.63 |
20.54 |
DigitalCoinPrice
Price range in 2029: $12.74–$14.42 (as of 10.11.2024).
The forecast from DigitalCoinPrice for 2029 suggests a steady increase in the value of Qtum. Analysts expect the price range to be between $12.74 and $14.42. The average price is projected at $13.64, indicating a subdued yet bullish trend.
Year |
Minimum, $ |
Average, $ |
Maximum, $ |
2029 |
12.74 |
13.64 |
14.42 |
PricePrediction
Price range in 2029: $15.59–$19.80 (as of 10.11.2024).
PricePrediction expects a notable surge in Qtum’s value in 2029, with an estimated price range of $15.59 to $19.80. The projected average price is $16.17. This outlook reflects a positive view of the cryptocurrency’s future growth. Qtum may appeal to investors seeking high-yielding assets and willing to assume the risks associated with the cryptocurrency market’s volatility.
Year |
Minimum, $ |
Average, $ |
Maximum, $ |
2029 |
15.59 |
16.17 |
19.80 |
Forecasts for 2029 reveal a significant disparity in analysts’ expectations. According to Changelly, Qtum’s price could reach as high as $20.54, showing huge upside potential. PricePrediction also expects notable growth, while DigitalCoinPrice provides a more conservative estimate with a high of $14.42. Analysts agree on an optimistic outlook but differ on the growth pace. Qtum could be a good investment for those willing to endure volatility, especially given the project’s long-term growth and promising technological achievements.
Analysts’ QTM Price Projections for 2030
For 2030, experts offer different scenarios for Qtum, showing both possible significant spikes and a sustainable upward trend.
Changelly
Price range in 2030: $17.72–$29.12 (as of 10.11.2024).
Changelly anticipates a notable surge in Qtum’s valuation in 2030, with a projected minimum of $17.72 and a maximum of $29.12. The average price is expected at $24.88.
These figures mirror the substantial growth potential of Qtum’s value in 2030, which could be an attractive opportunity for long-term investors.
Month |
Minimum, $ |
Average, $ |
Maximum, $ |
January |
17.72 |
18.23 |
21.26 |
February |
18.30 |
18.84 |
21.97 |
March |
18.89 |
19.44 |
22.69 |
April |
19.48 |
20.05 |
23.40 |
May |
20.06 |
20.65 |
24.12 |
June |
20.65 |
21.26 |
24.83 |
July |
21.24 |
21.86 |
25.55 |
August |
21.82 |
22.46 |
26.26 |
September |
22.41 |
23.07 |
26.98 |
October |
23 |
23.67 |
27.69 |
November |
23.58 |
24.28 |
28.41 |
December |
24.17 |
24.88 |
29.12 |
DigitalCoinPrice
Price range in 2030: $18.11–$20.08 (as of 10.11.2024).
DigitalCoinPrice estimates that Qtum will reach a range of $18.11 to $20.08 in 2030, reflecting moderate growth. The average price is expected to be around $19.24. The forecast shows a less impressive growth potential compared to other estimates.
Year |
Minimum, $ |
Average, $ |
Maximum, $ |
2030 |
18.11 |
19.24 |
20.08 |
PricePrediction
Price range in 2030: $22.92–$27.07 (as of 10.11.2024).
PricePrediction offers an optimistic outlook for Qtum in 2030, suggesting that the price could range between $22.92 and $27.07. The average value is $23.72, indicating robust asset price growth amid the anticipated infrastructure enhancement and adoption of blockchain technology.
Year |
Minimum, $ |
Average, $ |
Maximum, $ |
2030 |
22.92 |
23.72 |
27.07 |
Analysts anticipate that Qtum will experience notable growth by 2030. According to the forecast from Changelly, the price could reach up to $29.12, while PricePrediction estimates an upper level of $27.07, emphasizing stable long-term growth. On the other hand, DigitalCoinPrice gives a more conservative forecast, with a price range of $18.11 to $20.08. In addition, investors should consider the overall macroeconomic and technological changes affecting the entire blockchain ecosystem.
Analysts’ QTM Price Projections until 2050
Forecasts for Qtum’s price until 2050 are highly approximate and may be subject to change due to fundamental factors. These long-term forecasts are based on current macroeconomic trends and technical analysis. However, it is important to consider the potential impact of global economic events and changes in blockchain regulation.
- Walletinvestor predicts that Qtum will continue to grow over the next few decades. According to the forecast, Qtum’s price could reach $1,468 in 2040 and $1,952 in 2050. These predictions are based on the current growth rate of the cryptocurrency market and increased interest in decentralized solutions.
- PricePrediction is also optimistic about Qtum’s future. Their long-term forecast for 2040 values the asset at $1,562 and around $1,927 by 2050. The forecast is based on the anticipated adoption of smart contract technologies and the further popularization of blockchain solutions.
Year |
Walletinvestor, $ |
PricePrediction, $ |
2040 |
1,468 |
1,562 |
2050 |
1,952 |
1,927 |
Both forecasts point to significant growth for Qtum by 2050, emphasizing the long-term potential of the asset. Nevertheless, such forecasts may change due to various factors, including regulation, evolving macroeconomic landscape, and technological developments. Given the cryptocurrency market’s volatility, investors should remain cautious, assess all possible risks, and not rely solely on long-term forecasts.
Market Sentiment for QTM (Qtum) on Social Media
Social media sentiment refers to analyzing public perception and general mood about the company gathered from social media, news websites, and forums. Analysts use this tool to gauge public perception of a company and predict possible shifts in its share price. The more positive reviews and unique mentions, the higher the chance of attracting new investors and increasing the liquidity of the asset. Vibrant social activity and engagement indicate an increased appetite for the cryptocurrency, contributing to its liquidity and price.
- The Social Volume metric provides insight into the number of unique mentions of the asset on various social media platforms. It helps analysts gauge the level of public interest in the asset. The number of mentions is considered to determine the current social volume.
- The Social Engagement metric indicates the level of audience engagement with the asset. This metric enables analysts to gauge the discussion and engagement surrounding a specific cryptocurrency. A higher level of engagement points to greater liquidity potential for the asset.
- Net Social Media Sentiment is an assessment of overall market sentiment based on the analysis of social media posts. The indicator assesses whether the sentiment expressed in social media posts is bullish (indicating an expectation of a price increase) or bearish (indicating an expectation of a price decrease).
This post highlights that Qtum is at an important support level, offering a favorable buy point. The LONG signal suggests a 25% gain, indicating a positive expectation for further price movement. The asset is stable at the support level, suggesting this could be a good time to open a long-term trade.
This post brings a more technical standpoint on Qtum price performance. The Fear and Greed Index stands at 66.8, indicating the prevalence of greed among investors. This is a positive signal, as a rise in the greed index is often accompanied by increased investor demand for the asset. The current market capitalization is $284.9 million, demonstrating investor interest. The attached charts show solid growth, suggesting a stable bullish trend.
The overall sentiment on social media around Qtum appears to be positive at the moment. Investors are showing strong interest in Qtum as the price has a strong support level. The greed index also indicates buyers are ready to enter the market, supporting the uptrend.
QTM Price History
The Qtum price reached its all-time high of $106.876 on 2018-01-07. The lowest price of Qtum was recorded on 2020-03-13 when the stock declined to $0.77.
Below is the QTMUSD (QTM) chart, showing the asset’s performance over the past ten years. It is important to evaluate historical data to make predictions more accurate.
The history of Qtum cryptocurrency is characterized by notable peaks and troughs, reflecting the influence of various factors from the cryptocurrency market and beyond. The following is a summary of Qtum’s key milestones and their drivers.
Initial Enthusiasm and Launch in 2017
The launch of Qtum in 2017 was met with considerable interest from investors. The hybrid blockchain model, which combines the security of Bitcoin and the functionality of Ethereum’s smart contracts, was an innovative and attractive proposition from the outset. The initial coin offering (ICO) achieved considerable success, which had a positive impact on the price in the first months following the launch.
Sharp Fluctuations in 2017–2019
Like other cryptocurrencies, Qtum experienced rapid surges and declines between 2017 and 2019. This was a challenging time for many early investors, as the cryptocurrency market experienced significant fluctuations due to the general uncertainty and immaturity of the market.
Growth and Stabilization Period in 2020–2022
From 2020 to 2022, Qtum showcased a notable increase in stability and resilience, steadily regaining ground amid the growing popularity of DeFi and NFTs. The pioneering solutions introduced by Qtum enabled it to establish a distinct presence in emerging sectors, boosting its valuation and attracting new investors.
Recent Changes in 2024
The Qtum market saw significant changes in 2024, driven by a number of pivotal factors:
- Introduction of new crypto regulation. As with other cryptocurrencies, Qtum has encountered new regulatory measures, particularly in the United States and the European Union. The heightened regulatory scrutiny hurt the crypto market in early 2024, creating a climate of uncertainty among investors.
- Analyst forecasts and infrastructure improvements. Infrastructure improvements and further integration of smart contracts helped restore confidence in Qtum. In June 2024, following the release of a new version of the platform with improved scalability and security, the price showed a marked increase, supported by optimistic analyst forecasts.
- Current market situation. Social media platforms have played an important role in supporting and restoring sentiment towards Qtum. In the third quarter of 2024, crypto analysts’ active discussions and recommendations contributed to Qtum quotes’ growth. Investors took advantage of a potential trend reversal and started buying the asset at support levels.
Analysts anticipate that Qtum may embark on an upward trajectory in late 2024, assuming favorable market conditions. The recovery in the asset’s quotes and the platform’s infrastructure advancements contribute to a more optimistic outlook. However, due to the cryptocurrency market’s volatility, investors should be prepared for risks associated with changes in the regulatory environment and global economic events.
QTM Rate Fundamental Analysis
Fundamental analysis of Qtum requires us to consider several key factors, such as innovations in blockchain technology, global economic events, and investor sentiment. By assessing these factors, investors can predict possible price changes and evaluate Qtum’s long-term performance in the cryptocurrency market.
What Factors Affect the QTM Price?
- Market sentiment and technical indicators such as RSI and moving averages determine price movements. If the indicators show a strong bullish trend, this can encourage investors to buy Qtum and drive the asset’s price higher.
- Updates and implementation of new solutions in Qtum’s blockchain network, such as improved smart contracts, make the platform more attractive to developers and investors, boosting the cryptocurrency’s quotes.
- Cryptocurrency regulation plays an important role in shaping Qtum’s value. For example, stricter regulation in major countries can cause a wave of sell-offs and a decline in Qtum’s value.
- Qtum’s market cap and liquidity determine its ability to withstand sudden price fluctuations and give investors confidence in future growth.
- Qtum is actively seeking real-world applications and new partnerships. This increases the token’s utility and attracts new participants to the ecosystem, which in turn is beneficial for the token’s price.
- There is much competition in the cryptocurrency market between blockchains offering similar solutions. Qtum’s ability to stand out from its counterparts is an important aspect that affects the price.
- Global macroeconomic events such as inflation, interest rate fluctuations, and economic downturns may directly or indirectly drive the supply and demand of cryptocurrencies, including Qtum.
- The security of Qtum’s network is of paramount importance. If vulnerabilities are discovered, investors may lose confidence in the project, resulting in a decrease in value.
- Reviews and predictions on social media can have a short-term impact on the Qtum price. Statements by influential figures or discussions on platforms such as X and Reddit can trigger sharp swings in value.
- Investors’ emotional reactions to market events can also influence price movements. For example, FOMO (Fear of Missing Out) or FUD (Fear, Uncertainty, and Doubt) can lead to a sharp spike or a drop in the asset’s price.
All these factors underscore the importance of a comprehensive approach when analyzing Qtum’s price. Investors should closely monitor the regulatory environment, new partnerships, and technology updates and consider market sentiment to make informed investment decisions.
More Facts About Qtum
Qtum (QTM) is a hybrid blockchain platform created in 2016 and launched in 2017. Patrick Dai founded the project. Developers aimed to combine the best features of the two largest cryptocurrencies: Bitcoin and Ethereum. In particular, Qtum uses the UTXO (Unspent Transaction Output) model of the Bitcoin blockchain, which provides a high level of security and offers smart contracts and decentralized applications (dApps) similar to those running on the Ethereum blockchain.
Qtum’s early value growth is attributed to its successful ICO and unique hybrid architecture, which caught the attention of investors. Smart contracts implemented on top of the stable and proven Bitcoin foundation made the platform more attractive to developers and business applications. Qtum is applied in finance, logistics, healthcare, and the Internet of Things, providing flexible solutions based on smart contracts.
Qtum’s popularity among traders stems from its resilience to market changes due to its hybrid model, broad application across industries, and active development. Many traders see Qtum as a promising asset that can provide good growth thanks to Bitcoin’s reliability and Ethereum’s innovation.
Advantages and Disadvantages of Investing in QTM
The advantages and disadvantages of investing in Qtum (QTM) take into account the nuances of the cryptocurrency market and the unique characteristics of this blockchain platform.
Advantages of Investing in Qtum
- Qtum combines the security of the Bitcoin blockchain with the adaptability of Ethereum smart contracts, making it attractive to developers and companies interested in applying blockchain technology.
- Bitcoin’s UTXO model provides high transaction security, which is essential for protecting investors’ assets.
- The platform is actively used in various fields, such as finance, logistics, and healthcare, contributing to Qtum’s value.
- Smart contracts open new opportunities for creating decentralized applications (dApps), increasing the demand for Qtum tokens.
- The project is focused on implementing business applications, making it a promising long-term investment, as interest from corporate users increases demand and support for the token.
Disadvantages of Investing in Qtum
- As with many cryptocurrencies, Qtum’s price may experience elevated volatility, making it a risky asset for investors seeking stability.
- Changes in crypto regulation in key regions can affect the token’s price, creating uncertainty for investors.
- Qtum faces intense competition from similar blockchain platforms such as Ethereum, Cardano, and Solana. This fact may limit Qtum’s market share and affect its value.
- Qtum’s price is largely dependent on successful implementation and strategic partnerships. Failures in these areas could negatively impact the price of the token.
- Compared to more popular cryptocurrencies such as Bitcoin or Ethereum, Qtum has relatively low liquidity, which may make it difficult to buy or sell large volumes of tokens without significantly affecting the price.
Investing in Qtum may be an attractive avenue for those ready to accept risk and believe in the success of hybrid blockchain technologies.
How we make forecasts
The forecasts for Qtum’s price are based on a comprehensive methodology covering short-, medium-, and long-term outlooks.
- For short-term forecasts, we rely on technical analysis using data on current market trends, support and resistance levels, and indicators such as the RSI and MACD. Technical analysis helps us understand current sentiment and short-term price fluctuations.
- Medium-term forecasting involves the analysis of fundamental factors: economic indicators, regulatory changes, partnerships, and cryptocurrency adoption. We consider the impact of events in the crypto industry and external economic factors that can affect the price of the Qtum token.
- For long-term forecasts, we take into account fundamental aspects such as the development of blockchain technology, the competitive advantages of the platform, its adoption in real-world business sectors, and global economic trends. We analyze how the technology may change in the coming years and what factors may determine its success.
Conclusion: Is QTM a Good Investment?
Qtum (QTM) presents an attractive proposition for those seeking long-term investment vehicles, particularly those willing to accept the inherent volatility of the cryptocurrency market. Between 2024 and 2030, analysts forecast potential for growth but highlight the significant uncertainty around the crypto industry. By combining the technologies of Bitcoin and Ethereum, Qtum can offer a unique value proposition, particularly in the context of the growing use of smart contracts and business applications.
Forecasts from leading analytical agencies such as Changelly and DigitalCoinPrice reflect a positive growth trajectory, with a projected increase in the token’s value over the coming years. However, some agencies have also highlighted potential risks, including regulatory challenges and competition in the cryptocurrency market. This underscores the necessity for investors to exercise caution and adopt a careful approach when making decisions in the market.
Qtum may prove to be a lucrative investment for those willing to assume the inherent risks of the cryptocurrency market in exchange for the potential for substantial returns. As with any other cryptocurrency investment, it is essential to understand that the market is subject to significant fluctuations, and future changes will depend on various factors, including technological advancements and global economic trends.
QTM Price Prediction FAQ
Price chart of QTMUSD in real time mode
The content of this article reflects the author’s opinion and does not necessarily reflect the official position of LiteFinance. The material published on this page is provided for informational purposes only and should not be considered as the provision of investment advice for the purposes of Directive 2004/39/EC.
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