Qtum price rallies 160% as the project’s focus on DeFi pays off By Cointelegraph – Investing.com
- Date: 10-May-2021
- Source: Investing.com
- Sector:Real Estate
- Country:Middle East
Qtum price rallies 160% as the project’s focus on DeFi pays off By Cointelegraph – Investing.com
After rallying 1.510% in 2021, QTUM price hit a $35.70 all-time high on May 7. This relatively obscure altcoin launched in September 2017 is a fork of the Core 0.13 version, but it also integrates the virtual machine (EVM) and smart contract execution capability.
Following Bitcoin's (BTC) April 23 crash down to $47,500, QTUM faced a 52% correction in 4 days before bottoming at $10. However, the situation for the altcoin improved on May 5 as QTUM initiated a 160% rally in two days, reaching the $35.70 peak.
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