1. About Qtum (QTUM):
Qtum is a blockchain platform that combines elements from Bitcoin and Ethereum. It provides a secure and decentralized environment for building and running smart contracts and decentralized applications (dapps).
The platform uses familiar programming languages like Solidity and C++ to make it easier for developers to create smart contracts and dapps.
QTUM's hybrid consensus mechanism combines proof-of-work (PoW) and proof-of-stake (PoS) for security and scalabilityÂč.
2. Current Price and Market Cap: As of now, one QTUM is worth $2.24 on major exchanges, with a market capitalization of $235.61 millionÂč. - Keep in mind that cryptocurrency prices can be volatile, so it's essential to stay informed.
3. **Technical Analysis:**
- For real-time technical analysis, you can check platforms like TradingView, which provide insights based on popular indicators like moving averages, oscillators, and pivotsÂČ.
4. **Next Target and Historical Gains:**
- You mentioned a target of $3.8 for QTUM. While I don't have real-time data, it's essential to monitor price movements and consider factors like market sentiment, news, and overall crypto trends.
Remember that past gains (like the 260% rally you mentioned) don't guarantee future performance. Always do your due diligence and manage risk effectively.
5. Bitcoin Influence:
- You expressed hope that Bitcoin won't disappoint. Indeed, Bitcoin's movements often impact the entire crypto market, including QTUM.
- Keep an eye on BTC's price and any significant developments.
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