Analyzing Qtum - Is It Worth Your Attention?

in #cryptocurrency21 hours ago

Time for a fresh look at Qtum. The market dynamics here are worth examining closely.

📈 Current Price Action

At $1.47, the price action has been relatively stable lately. The weekly trend has been fairly sideways, suggesting consolidation. The monthly chart shows significant correction from recent highs.

Qtum 7-Day Chart

Qtum price movement over the last 7 days

💰 Market Metrics

Market cap stands at $155.78M, placing it at rank #330. With $8.59M in 24h volume, we're looking at healthy trading.

MetricValue
Current Price$1.47
24h Change+1.51%
7d Change-4.27%
30d Change-25.35%
Market Cap$155.78M
24h Volume$8.59M
Market Rank#330

🪙 Supply Dynamics

Currently $105.92M coins are circulating from a total supply of $107.82M.

📊 Historical Context

The all-time high was $100.22, and we're currently 98.53% below that level. The all-time low sits at $0.78, which means we're 87.80% up from the bottom.
That's a significant discount from ATH, which could present opportunity - or suggest fundamental changes in the project's prospects.

🤔 My Take

From a technical standpoint, Qtum is in a consolidation phase. The price structure show room for growth if fundamentals improve.

As with any crypto investment, only allocate what you can afford to lose.

🎯 Final Thoughts

There you have it - my breakdown of Qtum. The metrics tell a story, but everyone interprets data differently. What do you see that I might have missed?


This is not financial advice. Always do your own research before making investment decisions.

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