QTUM (Qtum) has pumped 20.85% in the last 24 hours

Gate News Bot message, August 21, according to CoinMarketCap, as of the time of writing, QTUM (Qtum) is currently priced at $2.40, with a pump of 20.85% in the past 24 hours, peaking at $2.42 and dipping to $1.97, with a 24-hour volume of $140 million. The current market capitalization is approximately $254 million, an increase of $43.8 million compared to yesterday.

Qtum is a decentralized, open-source public blockchain that combines the security of Bitcoin with the smart contract functionality of Ethereum. It is a fast, eco-friendly, and future-oriented scalable PoS blockchain. Qtum integrates Bitcoin’s UTXO model with Ethereum’s smart contract capabilities, providing a feature-rich platform that includes hybrid blockchain, core principles, ecosystem map, decentralized applications, multi-wallet ecosystem, and developer tools.

Important news about QTUM recently:

1️⃣ QTUM platform enters Amazon Web Services The Qtum blockchain platform is now accessible through Amazon Web Services (AWS). This strategic cooperation will greatly enhance the accessibility and application range of Qtum, providing developers with a more convenient blockchain development environment, and is expected to attract more project teams to build applications on Qtum.

2️⃣ Agrello chooses Qtum to build AI-driven smart contract interface The legal tech company Agrello announced that it will build its AI-driven smart contract interface on the Qtum blockchain. This collaboration highlights Qtum’s technological advantages in the field of smart contracts, while also bringing new application scenarios and potential user groups to Qtum.

3️⃣ QTUM Focuses on DeFi Ecosystem Development Qtum has recently shifted its focus to the decentralized finance (DeFi) sector, and this strategic adjustment has led to a significant rise in the price of QTUM. Qtum is actively developing and introducing various DeFi applications to enhance the diversity and attractiveness of its ecosystem.

From a technical perspective, QTUM has shown a strong rise after breaking through key resistance levels and may continue to maintain an upward channel in the short term. However, investors should remain vigilant about potential retracement risks and closely monitor the overall market trends and subsequent developments of the project.

This message is not to be considered as investment advice, and investors should be aware of market volatility risks.