Qtum Price Analysis: Listing on Binance.US, Boon or Bane?

Binance.US announced that QTUM is the 25th cryptocurrency to be added to the exchange. The QTUM/USD and QTUM/USDT pairs will be available on the exchange from November 14th, 2019. However, users can deposit QTUM deposits as of now. The American branch of Binance is quickly expanding to become like its counterpart. Further, let us see, how this has affected Qtum’s price.

Qtum Price surge by 4%

The Binance.US listing proved a boon to the altcoin price. The Prices immediately soared after this announcement. Qtum is currently trading at 34th position as per the Coinmarketcap list with a market cap of $221,547,157 USD. 

As of writing, the QTUM/USD price is $2.30 with a rise of 4.86%. These numbers are higher than that of one day prior. On November 13, QTUM price was lower than $2.20. The 24hr trading volume has increased to $333,488,809 USD and the current circulating supply is 96,162,428 QTUM. QTUM/BTC price is 0.00026281 BTC with a 5% surge.

It yet to see whether the growth remains constant in the coming weeks. We will keep you updated on this. Interestingly, QTUM was launched in 2017 and has garnered quite a name for itself in the crypto market.

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