Qtum Price Prediction 2018
The first thing you need to know about any Qtum price prediction 2018 is that we are in a bear market. This means that prices are going down across the market so a lot of people are selling coins. Any Qtum price prediction 2018 is going to be affected by the bear market. However, most crypto experts are still confident that Qtum’s price will go up in the second half of this year.
A lot of the information you need to make your own short-term Qtum price prediction is available from Qtum’s homepage and CoinMarketCap. These two sites will give you a good idea about what kind of investment Qtum is.
2018 Predictions Conclusion
In November 2017, TheRightTrader predicted that by the end of 2018, Qtum would have a market cap of 1.4 billion US Dollars. With six months of the year to go, this estimate seems low. They also predicted that each Qtum will be worth around
20 USD. This is probably more realistic than LoKeyMoney’s 80-120 USD prediction.In the short-term, any Qtum price prediction should be based on facts. So, keep up to date with the size of Qtum’s community and how well it’s performing on CoinMarketCap over the next few months.
Qtum has plans for two major partnerships in the coming years;
- Starbucks: Qtum is negotiating an agreement with the giant coffee chain, Starbucks. A partnership of this size would be great for the long-term Qtum coin price.
- 360 Finance: Qtum is developing a blockchain research center with the Chinese financial technology company, 360. This partnership could give Qtum more access to Chinese markets and help it compete with platforms like NEO.
Qtum Price: What Awaits The Coin In The Future?
Ali Raza- The crypto market is currently in a very exciting place, as the new bull run inspired numerous investors to search for new coins to add to their crypto portfolio. One such coin, that has started to gain more and more attention is Qtum. Now, many are wondering what can be expected of the coin, and more importantly — what to expect from Qtum price.
Before we go into price predictions, let’s take a quick second to see what Qtum is all about. This is a Singapore-based crypto that was launched back in September 2017. It is pronounced “quantum”, and it’s much more than a simple crypto — it is actually a business-facing platform. What this means is that the coin’s design makes it perfect for all sort of business-related tasks. It also supports the creation of dApps and smart contracts through a combination of Ethereum and Bitcoin-like technologies.
However, the coin also has a large potential to solve some major issues that both of these coins are facing to this day.
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.
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Why is Qtum expected to grow?
Usually, in the world of cryptocurrency, certain factors are telling of success or failure. Qtum has demonstrated several attributes which leads analysts and experts to believe that Qtum is headed for the top. Some of these reasons are discussed below.
Scarcity is imminent
Ideally, cryptocurrency is driven by demand and supply. A typical example is Bitcoin’s hastened rise to fame in 2017, a period of awe (when the price of one BTC peaked at $20,000) and dismay (when it fell like a pack of dominoes).
This time, Qtum coin prediction is soaring because there’s an impending scarcity. The currency has a supply cap of 100,647,552, and according to CMC, 88,647,552 is currently in circulation. With only a quarter left to be issued, the coin will become scarce and this will cause a concomitant increase in price.
The market cap and availability
A trading pair includes two currencies which are offered for trading. The CMC, at the moment, lists about 101 Qtum trading pairs which are available on over 25 exchanges. The total value of Qtum is also estimated to be 1,222,981,627. As it stands, it is the 20th largest crypto in the market.
Qtum has plans to enter into a partnership with certain entities in a bid to intensify the ongoing competition in the crypto market and these partnerships will certainly influence Qtum price prediction. Two of the major partnerships imminent are discussed below.
The giant coffee chain, Starbucks, is currently in negotiation with Qtum and it is expected to be long-term. If the idea pans out, this will further improve Qtum coin price prediction.
Despite the success recorded by cryptocurrency in recent years, financial experts posit that crypto is miles away from being regarded as a standard means of exchange. Qtum is currently working on developing a world-class blockchain research center, leveraging the help of 360 Finance, a Chinese financial technology company.
This partnership will not only give Qtum an easier entrance into the Chinese market, it would also go a long way in convincing investors of the viability of the currency. This will invariably better the price prediction.
Qtum price prediction 2018
2018 is the year of the Blockchain and Qtum enthusiasts will agree with this. Coinlinker published a Qtum price prediction report which gives the users a cause to smile. Within a year, they expect the price of Qtum to peak at $121.7.
WalletInvestor, on the other hand, doesn’t show confidence in the coin, proposing that it’ll be selling for $22.24 within a year.
However, the truth can sometimes be a bitter pill to swallow. Currently, it is selling at $8.84. A few months ago in January, the price peaked at $100.00. These are obviously extremes but this peak price of $100 doesn’t appear sustainable (the average is around $20). Considering this, the price prediction for Qtum in 2018 shouldn’t exceed $30.
Qtum price prediction 2020
Five years from now, Coinlinker expects this coin to reach $609.0 while WalletInvestor posits that $59.77 is a more ideal figure. These two Qtum price predictions are quite extreme and we can expect Qtum to prove both of them wrong and sell for around $300 in the next few years.