The post Qtum (QTUM) Price Prediction 2024, 2025: Will The Price Jump Beyond $50? appeared first on Coinpedia Fintech News
Starting 2024 on a short correction, the recovery rally in QTUM price stays strong as the weekly chart shows a growing rally. Further, with the high anticipations around the altcoins season, the QTUM price is ready to give a breakout rally.
With the high possibility of a breakout rally, the QTUM price is testing a strong bullish rally in 2024 to recover the lost levels in the previous bear market. Further, being a low market cap coin, the potential of a longer bull run at a faster pace is high in QTUM, along with the downside risk.
So, are you interested in investing in QTUM before the bull run starts?
Worry not, as our QTUM price prediction will bring to you all the possible targets for 2024 – 2030!
Table of contents
OverviewQTUM Price Prediction For June 2024QTUM Crypto Price Prediction For 2024Qtum Price Prediction For 2025Qtum (QTUM) Price PredictionCoinPedia’s QTUM Price PredictionMarket AnalysisWhat Is Qtum (QTUM)?Fundamental AnalysisFAQs
Market Top Gainer
Overview
CryptocurrencyQtumTokenQTUMPrice $ 2.39911232 1.70% Market cap $ 252,462,887.5074Circulating Supply 105,231,791.5000Trading Volume $ 30,042,462.3642All-time high–All-time low–24 High $ 3.995024 Low $ 3.4430
QTUM Price Prediction For June 2024
QTUM’s price has been oscillating in a sideways trend within the weekly chart, particularly after the 2021 crash and early 2022 slowdown. The year 2023 witnessed the formation of a consolidation range, mainly trading below the 50-week Exponential Moving Average (EMA).
However, the short-term recovery rally in the QTUM price trend faisl to sustain the momentum and retests the broken range. Further, the downfall continues and the QTUM price drops under the $4 support level. At present, QTUM is trading at $3.44, showcasing a correction phase at play.
If the current bullish recovery revives with the broader market recovery, QTUM could reach as high as $4.50, challenging the upper bounds of its range. Conversely, if the price slips below, a bearish retest of the $2 level might be in store.
YearPotential LowAverage PricePotential HighJune 2024$2$3.25$4.50
QTUM Crypto Price Prediction For 2024
QTUM, a promising cryptocurrency, has been locked in a prolonged consolidation phase following the bear market of 2021 and 2022. Despite this, a late 2023 recovery trend is hinting at a potential breakout, exciting investors about a possible bull run in 2024.
The network offers not only a safe, reliable, and uniform environment for developing and implementing smart contracts that are beneficial to businesses. But the Qtum network also provides tailored services to commercial clients. That being said, businesses could drive towards the platform landing its price at $10.
On the other hand, waning demand for altcoins and falling volumes can cause the price to drop to $6. However, if buying and selling pressures are balanced, the price may reach $2.
YearPotential LowAverage PricePotential High2024$2$6$10
Qtum Price Prediction For 2025
A crucial component of blockchain governance on Qtum is the participation of the entire community of developers, miners (stakers), and holders. They are empowered to support self-management, updates, and experimentation via voting. Possible confidence in the community can accelerate the coin to touch the target of $16.603 in 2025.
In the long term, the averages shall follow at $12.590 in a highly saturated market. On the other side, the market may be affected by characteristics of cryptocurrencies like staking incentives and compatibility with existing ones. The price might then decline to a possible low of approximately $8.540.
Qtum (QTUM) Price Prediction
YearPotential LowAverage PricePotential High2026$10.1$12.61$15.122027$11.21$14.7252$18.242028$14.32$19.51$24.702029$20.12$27.595$35.072030$26.32$38.765$51.21
QTUM Price Prediction 2026
In 2026, QTUM could potentially hit a high of $15.12. Meanwhile, its low might be around $10.1, with an average price possibly hovering at $12.61. This reflects a positive trend as the platform continues to evolve and gain traction.
QTUM Price Prediction 2027
By 2027, QTUM’s growth trajectory might see it reaching up to $18.24. On the flip side, it could see a low of $11.21, with an average price likely around $14.7252. Thus indicating steady adoption and technological advancements.
QTUM Price Prediction 2028
In 2028, QTUM could surge to $24.70 with a low of $14.32 and an average price of $19.51. Hence, the altcoin may showcase the network’s increasing prominence in the crypto sphere.
QTUM Price Prediction 2029
For 2029, QTUM’s potential growth could take it to a high of $35.07 and a low of $20.12. This makes the average price potentially at $27.595, reflecting its solid market position and growing user base.
QTUM Price Prediction 2030
By 2030, QTUM might achieve a high of $51.21 and a low of $26.32. Hence, the average price will be around $38.765, demonstrating its long-term viability.
CoinPedia’s QTUM Price Prediction
In 2024, with Qtum continuously innovating and enhancing its platform, it’s poised to attract more attention in the crypto sphere. As per our latest forecasts, if the trading volume maintains its upward trend, the QTUM price could potentially soar to $10.
However, external factors such as regulatory changes or negative remarks from influential figures in the market could impact its trajectory. In such scenarios, QTUM might see a dip to as low as $2. Conversely, a stable average price of around $6 likely reflects the coin’s resilience and growing investor confidence.
YearPotential LowAverage PricePotential High2024$2$6$10
Market Analysis
Firm Name20242025Wallet Investor$5.742$2.274Trading Beasts$5.13153$6.26903Digital Coin Price$5.59$6.89
Click here to read our price prediction of HEX.
What Is Qtum (QTUM)?
Qtum is a platform that incorporates the effectiveness of the UTXO concept used by bitcoin org
Event OrganiserTechnologyPayment solution
with an Ethereum Virtual Machine (EVM). The platform allows users to easily build and engage with autonomous smart contracts while getting the benefit of the versatility of UTXO frameworks.
As a component of the project, a new virtual machine will be created that will let programmers create smart contracts relying on Rust that can interact with EVMs. Using a consensus validation technique, peer-to-peer node administrators maintain the Qtum blockchain, which runs using its QTUM token. The squad’s two main objectives are to investigate the solutions to technological and financial issues.
A proprietary innovation called Account Abstraction Layer from the Qtum Organization is utilized to assure the complete cooperation of both Bitcoin and ethereum
Blockchain NetworkTechnology
components. The Account Abstraction Layer (AAL) feature, according to the creators, facilitates communication between both the Ethereum Virtual Machine and the Bitcoin network.
Company Details
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Fundamental Analysis
The project’s creator and the head of the Qtum Foundation is Patrick Dai. Qtum is a broad-sense blockchain that aims to fix the four key areas, which its founders encountered in the BTC and ETH blockchain frameworks. Namely, interoperability, management, rigidity, and expense of the proof-of-work mechanism.
One of the other problems that it seeks to encounter is trouble linking smart contracts with useful applications. Account Abstraction Layer (AAL) and Decentralized Governance Protocol are two distinctive solutions on the Qtum blockchain that seek to address this. Furthermore, integrating blockchain-based frameworks into a variety of sectors, like finance, social media, gaming, online publishing, and more, are Qtum’s prime purpose.
Here are some unique features of the project worth mentioning –
ARM VM & Qtum Neutron: The chain is supported by Rust programming language and updates that make it easier to modify and implement innovations in smart contracts thanks to Qtum’s ARM VM and Neutron interface.
Enterprise Blockchain Offerings: The “business-ready blockchain” term is also applied to the Qtum blockchain. It offers a safe, reliable, and uniform platform for creating and executing smart contracts that are suitable for corporate use. The Qtum network also provides enterprise clients with tailored solutions.
The QTUM wallet: Windows, Linux, iOS, Android OS, Mac OS, online wallets, hardware wallets, and other operating systems are all supported by Qtum’s multi-wallet infrastructure.
FAQs
The protocol has a strong team supporting it and several cutting-edge traits. It can be a good investment in the long term and also a scalable version for BTC plus ETH.
The coin has sturdy fundamentals and it might advance against the bears if it fetches newer upgrades and practical collaborations hereafter.
The coin is anticipated to trade around an average cost of $10 by the conclusion of 2024.
The token can break out of its bearish market to reach the highest trading price of $16.603 by 2025.