Qtum is a hybrid blockchain merging Bitcoin’s secure UTXO model with Ethereum‑compatible smart contracts, aimed at scalable DeFi and dApp use.
The token currently trades around ~$1.20–$1.30, far below its 2018 all‑time high (~‑98% from peak), reflecting persistent bearish pressure and market rotation away from mid‑cap alts.
Recent price swings show mixed action – short‑term rebounds from oversold conditions are offset by weakness below key moving averages.
Key network developments like the v29.1 hard fork and reduced supply issuance post‑halving provide structural bullish catalysts, though execution risk and macro pressures remain headwinds.
Market sentiment is cautious with low liquidity and sideways trading dominating until a clear breakout above resistance levels appears.
@Qtum Network $QTUM #QTUMTrading
QTUM
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