Qtum Price Prediction for 2024-2025

What is Qtum?

Qtum is a global blockchain platform that aims to develop decentralized finance (DeFI) and is a kind of bridge connecting the real world with the world of crypto communities. Based on the Bitcoin secure UTXO model and the Ethereum gas distribution scheme, the project has become a kind of hybrid of Ethereum and Bitcoin. 

Qtum operates on the principle of Proof of stake, in which the probability of a miner forming a new block in the chain is directly proportional to the share of the crypto tokens belonging to this participant in their total number. This allows developers to create Smart Contracts based on trusted information sources.

By providing impressive grants, the project is highly active in encouraging the creation of dApps on the blockchain. And, in general, any contribution to the development of Quantum is welcomed and rewarded.

Thus, it can be concluded that the Quantum blockchain was created mainly for business and is suitable for both large and small companies.

Historical Price Analysis of Qtum

The initial cost of new QTUM tokens was $6.42 recorded in May 2017, but after a week of trading, the price of this asset doubled. Until the end of the year, the token managed to overcome the resistance level of $17, and on January 7, 2018, it reached the highest value in its entire history of $99.

Then there was a drop in the value of Bitcoin, which also negatively affected other cryptocurrencies, including QTUM, whose price dropped to $12. But this was not the limit, as the token continued to fall in price, and by the end of the year it was trading for $1.40 – $2. 

The next 2019, the price chart did not improve, the cost fluctuated around $1.6, with a maximum of $2.77 per 1 token.

The situation was about the same in 2020, although sometimes the token was able to trade at a level of $4 to $5, on average, its value ranged from a dollar to 2 dollars and change. Moreover, QTUM hit the floor for its price at $0.77 in March 2020.

The year 2021 was distinguished by the volatility of the token, as its value varied from the lowest at $1.75 to the highest at $35.38. At the time of writing, Qtum is priced at $11.41 USD and CoinMarketCap’s current ranking is # 86, with a real market cap of $1,126,802,154 USD.

Factors that Influence the prices of Qtum

In fact, there are many factors that can affect the value of a cryptocurrency, these are global events like a pandemic, a change in the value of Bitcoin, or a public statement by a respected person regarding the cryptocurrency. However, below are some more reasons for possible changes in the Quantum rate.

Updates and hard forks

Major technical updates affect not only system development, but also the price of Qtum. As a result of a large hard fork launched on October 17, 2019, it became possible to make payments for gas by third parties. In this way, applications will be able to offset the cost of new users by lowering the entry threshold. Consequently, the adjustment algorithm has been updated and support for more complex smart contracts has been added, making them easier to develop and more profitable to deploy.

Partnerships

Thanks to partnerships, Qtum is gaining an expansion of its user base and the development of its technologies. For example, in 2018, Quantum entered into a partnership with UC Berkeley. In addition, Quantum speaks annually at international blockchain conferences. 

Offline staking

Offline staking is a service that allows you to store cryptocurrency in a cold storage wallet – or hardware wallet – and get rewarded for it. Offline staking allows holders to choose a node operator without transferring their money to him.

Thanks to this feature, which became possible after the update in August 2020, more users have become interested in Qtum crypto, which means that the price of the coin will rise.

Listing on exchanges

When a cryptocurrency is listed on an exchange, its value automatically rises slightly as more users get the opportunity to buy it.

In February 2020, it became known that the Japanese exchange Coincheck announced support for Qtum. All Japanese exchanges are carefully regulated and listing applicants undergo rigorous peer review. Qtum cryptocurrency has also been added to the Coincheck loan service, where exchange clients can allocate their cryptocurrency assets at interest.

Twitter posts

It may sound frivolous, but even a simple humorous post from the crypto enthusiast @qtumologist can boost the popularity of cryptocurrency. The official Qtum Twitter account constantly posts Qtum news about updates on the web.

It’s very simple, when the development team makes contact with the community through social networks, it assures that the project is actively evolving. Moreover, it increases community loyalty and engagement.

Short-Term and Long-Term Qtum Price Prediction

Digital Coin Price predicts Quantum will be priced at $18.15 in November this year.

According to Treading Beasts the Qtum price is projected to reach $10,834 by early November 2021. The expected high is $13,542 and the low is $9.209. Qtum price forecast for the end of the month – $10,834.

WalletInvestor analysts expect that in November the minimum cost of Quantum will be up to $4 per coin, while the maximum will fluctuate around $20. 

Since it is impossible to accurately create a long-term forecast for the Quantum coin price, the predictions of different experts vary greatly. Some argue that by 2030 the value of the coin will be 5 times more than today, while others expect, or rather dream, that it will increase 40 times.

Long-Term Qtum Price Predictions

Digital Coin Price predicts Quantum will be priced at $63.37 per coin in December 2028.

Priceprediction.net expects that Qtum will hit the lowest possible level of $398.24 in 2030. According to them, the QTUM cost can reach the maximum possible level of $479.21 with an average forecasted price of $412.58.

Qtum price prediction for 2021

According to technical analysis of priceprediction.net, the cost of Quantum by the end of 2021 will be from $12.75 to $13.86.

WalletInvestor experts have definitely vague expectations regarding the value of the coin at the end of 2021, the minimum cost is predicted to be $16.599 and the maximum $33.644.

Based on data from Trading Beasts, by the end of 2021, Quantum will cost a maximum of $13.650, with an expected minimum price of $9.282.

Qtum price prediction 2022

Priceprediction.net continues to predict a gradual increase in the price of Quantum, and in 2022 the minimum cost will be $18.56 per coin and the maximum $22.37.

In 2022, according to experts from WalletInvestor, Qtum will meet with a cost of $17.4 36 to a maximum of $33.696. However, over the course of the year, the value of the coin will change, sometimes dropping to $8. However, by the end of 2022, the coin is expected to rejoice at a minimum of $24,032 and a maximum of $42,126.

According to Trading Beasts, the price of Quantum will not change much during 2022, and will range from a minimum of $ 9,416 to a maximum of $ 14,515.

Qtum price prediction 2025

In 2025, experts from Priceprediction.net expect that the value of Quantum will increase five times from today’s, stating that the minimum value of the coin will be at least $57.34, and the maximum value of $68.43.

According to WalletInvestor analysts, the maximum value that Quantum will reach in 2025 will be $82,176, while the minimum price will be around $11 per coin.

FAQ

How to Buy Qtum?

QTUM is a very popular cryptocurrency that is traded on many exchanges. Therefore, you need to register on one of the reliable exchanges, such as Binance, Kraken, Poloniex, Godex.io or Bittrex, and verify your account. It is also necessary to take care of getting a wallet in advance on which the QTUM crypto will be stored.

After that, you need to fund your account on the exchange with the currency for which you will buy QTUM. Some exchanges provide the opportunity to buy QTUM with fiat currency if you do not have another crypto. But it is better to choose Ethereum for the exchange, since in this case the transaction will take less time and the fees will be lower.

As soon as you have topped up your account with the required amount of money, you can start purchasing QTUM coins. 

After completing the transaction, indicate the address of your wallet to which you will need to send the purchased coins.

What is the Future of Qtum?

Qtum cryptocurrency offers one of the most interesting blockchain technologies, an alternative to which is still difficult to find. The developers have also shown themselves on the positive side, constantly introducing new technologies and updates. The team clearly follows the plan outlined in the Roadmap, which means that the project will continue to develop. But this, of course, on condition that there will be no force majeure that no one can predict.

Should I invest in Qtum?

Technically, Qtum is as strong a platform as any other on the crypto market. It has managed to reap the benefits of Bitcoin and Ethereum, and some of the technical stuff on the project is really great. The value of Qtum is expected to continue to rise as shortages tend to drive up prices. However, please note that any investment carries a certain amount of risk. Just invest the amount of money that you are not afraid to lose and do as much research as possible before.

Disclaimer: Please keep in mind that the content of this article is not financial or investing advice. The information provided is the author’s opinion only and should not be considered as direct recommendations for trading or investment. Any article reader or website visitor should consider multiple viewpoints and become familiar with all local regulations before cryptocurrency investment. We do not make any warranties about reliability and accuracy of this information.