What to expect from Qtum price?
What to expect from Qtum price?
Let’s start with a reminder that price predictions are a useful tool in an investors’ arsenal, but are hardly the most precise one. The price is predicted through a combination of multiple aspects, such as coin’s behavior so far, it’s goal, technology, community, the team behind it, and alike. Still, the predictions cannot be accurate since nobody knows what will happen in the future.
The best that any analyst can do is give an educated guess, but even that might change if the market has a change of heart. With that in mind, let’s see what crypto experts expect from Qtum price in the following period.
Qtum price in 2018
As every other crypto, Qtum has suffered due to a bear market throughout the year. And yes, the year has had a few brief periods of recovery, but the bears always returned soon after that. Now, the bulls seem to control the space, and whether this will last or not is anyone’s guess.
Qtum price is currently at $3.91, with a 17.12% increase over the last 24 hours. Its current market cap is almost $348 million, which puts the coin at the 28th place on CoinMarketCap’s list of largest cryptos. Additionally, the coin has a total market cap of 100,905,568 QTUM, and a current circulating supply of 88.9 million coins. This is a good news, as the lower number of coins allows cryptos to have a higher price.
Because of that, and due to the fact that Qtum is actually a pretty good project, most predictions claim that its price will reach more than decent heights. Some last year’s predictions have seen QTUM’s price hitting $20 by December 2018. However, the experts did not predict the bearish 2018. While this can still happen, the coin would need a massive price surge to reach it, similar to the one that ended in 2017. Whether it will actually happen or not still remains to be seen.
As for the next few years, the analysts remain optimistic about Qtum. The project offers dApps and smart contracts creation, it’s compatible with ETH technology, it made some pretty big partnerships so far, and the demand for it continues to grow. Trying to guess its exact price in three, five, or ten years from now would not mean much, given the volatility of the market.
However, with all of this in mind, it is clear that the coin does have a bright future ahead of it, and some real potential to rise to greatness.
What to expect from Qtum price?
Reviewed by mir khaleq ali
on
14:25
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Reviewed by mir khaleq ali
on
14:25
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