In this guide, we will express our and the market’s view on the future of QTUM as we discuss Qtum’s price forecasts for 2022 and beyond.
Keep in mind that you should take this and any other prediction with a pinch of salt since predicting anything is a thankless task, not to mention predicting the future of a new highly volatile financial asset like Qtum.
Now, let’s get into it. Before we delve into Qtum’s price prediction and answer questions about whether QTUM is a good investment or not, why QTUM will succeed or fail, or why Qtum’s price will rise or fall, let’s quickly take a look at what QTUM is and its history to date.
QTUM Introduction
Qtum is an open source and decentralized Blockchain platform and Value Transfer Protocol. It can run smart contracts on multiple virtual machines and run environments with Proof-of-Stake consent.
It is a hybrid Bitcoin and Ethereum blockchain platform. Qtum (pronounced Quantum) was created by adding an account abstraction layer over a Bitcoin fork code to allow sidechain integration with blockchain virtual machines such as the Ethereum Virtual Machine.
This hybrid model combines the best of both worlds, adding Bitcoin’s value storage capabilities to Ethereum’s smart contract platform.
In March 2017, Qtum launched a crowdfunding campaign to seek funds for the development of their new blockchain-based platform. The crowdshare was scheduled to last 30 days or until all tokens were sold.
Qtum sold over $10 million of its tokens after just 90 minutes, eventually collecting a total value of $15.7 million before stopping the campaign early after just 5 days. They raised a total amount of 11,156,766 bitcoins (BTC) and 77,081,031 ether (ETH) in exchange for the 51 million Qtum tokens distributed to the public.
Although anyone can use QTUM, the QTUM foundation focuses on the business applications of smart contracts.
Captainaltcoin’s QTUM Price Prediction 2021
The entire world of cryptocurrencies is on the verge of a real bear market. Bitcoin has tumbled 50% from its all-time high among the broadest market declines impacted by furious inflation and US Fed rate hikes.
Investors sell risky assets and move into more stable markets. Crypto is still perceived as a very risky game and therefore the sell off.
Our algo still sees some greenery in 2022, especially in the second half of the year. This is reflected in our forecasts for 2022.
Right now, Bitcoin needs to find a local fund before we can move in the opposite direction and reverse the trend.
Once Bitcoin stabilizes in the new price range, altcoins will start doing the same – we’ve witnessed this scenario dozens of times in distant and more recent history.
Our price forecast model is bearish for the next 90 days with a hint of a bull market straddling the Q1 to Q2 quarters. We expect whales and other larger players in the market to finish filling their bags during that time, which will cause a typical and sudden crypto spike.
The fundamentals we evaluate are teams, tokenomics, use case, community, marketing efforts, liquidity and availability of exchange, hype and speculative potential and some other proprietary factors developed in our crypto lab.
QTUM price forecast for the next 90 days
Below is a tabular overview of how QTUM will develop in the short term (for the next 90 days), according to our forecast model:
Qtum Price Prediction 2022
Most experts agree that this bear market will last at least for the first quarter of 2022 before seeing some stabilization and small trend reversals.
QTUM Price Prediction 2025
Our forecasting model sees QTUM reach $5.37 in 2025.
Qtum Price Prediction 2030 – 2040
How much will Qtum be worth in 2030?
Our forecasting model sees Qtum reach $0 in 2030.
How much will Qtum be worth in 2040?
Our forecast model sees Qtum reach $0 in 2040.
Will Qtum replace/surpass/surpass Bitcoin?
No, Qtum will not replace or exceed BTC.
Can Qtum reach $100?
No, our forecasting model sees no chance for Qtum to reach $100 in the short or medium term.
How high will Qtum go?
Our forecasting model sees the Qtum price collapse and fall close to 0 in the distant future.
Is it worth buying Qtum?
We don’t see a bright future for Qtum. It is worth buying only as short-term speculation with a good exit strategy. Qtum is not a good long-term intake.
Is Qtum a good investment?
Qtum is not a good investment in our opinion. Because? Well, it faces fierce competition from other similar crypto projects, it doesn’t stand out for its technology and innovation, it doesn’t have a real community (not counting speculators and the crowd chasing the hype), and the team behind the project is not proven.
Can Qtum make you a millionaire?
No, Qtum can’t make you a millionaire as we don’t see it making a 10x price increase anytime in the future.
How much will Qtum be worth?
For the short-term future, it could reach $1.64. In the long term (8-10 years), it will most likely drop to 0 or so.
Why will Qtum be successful and go up in price?
Qtum has little chance of success. It has no first-mover advantage, it doesn’t bring any unique value proposition, it has a weak team and a small community behind it. All this in all prevents Qtum from succeeding and increasing the price in the long run.
What is the short-term forecast for Qtum?
Qtum will reach $1.64 over the next 90 days, which is a 41.8% change from the current price which hovers around $2.83.
Qtum Price Prediction Today – What will be the price of Qtum tomorrow?
Qtum will hover around $3.02 tomorrow.
Qtum Coin (QTUM) Future Prospects
However, not all projects have the same chance of failing (risk), nor do they have the same upside potential (reward).
As a result of the incompetence and lack of integrity of ICO teams, fueled by the basic human instinct which is the greed and naivety of crypto investors, more than 95% of successful ICOs and cryptocurrency projects will fail and their investors will lose money. The other 5% of the projects will become the new Apple, Google or Alibaba in the crypto.graphic sector. Will QTUM be among those 5%?
Probably not.
While Qtum can execute Ethereum smart contracts, there is currently not much incentive for developers to start developing on Qtum on Ethereum. Ethereum has 50 times the market cap and 50 times the brand awareness. There’s also a huge community of tools built around ETH with its first mover advantage.
Ethereum is not the only problem for Qtum. A whole series of platforms are emerging and are already taking a good slice of the market; more notable EOS and Tron, but also Stellar which has some unique features interesting for new token launches.
Cardano, Tezos have yet to be launched correctly, Zilliqa and NEO are still a question mark. These are just the best competitors in the line, a plethora of small-cap projects are also looking for their place under the blue sky (Stratis, Waves, Nebulas, Ethereum Classic, Lisk, Ark etc.).
So to say that the competition is fierce, is an understatement.
In addition, QTUM is not popular in the West. Qtum is relatively little isolated in the West. Cryptocurrencies with smaller market caps like Nano also seem to have a more passionate fan base in the West. To date, most of Qtum’s trading volume comes from Asian exchanges.
People on the Korean community site Qtum (https://qtum.or.kr/) are very concerned about the absence of QRC-20 token support on major exchanges. According to them, a number of existing DApps have already been denied listing on the stock exchange, and the Qtum Foundation is not doing enough to make it happen.
As 8btc.com writes, in the last year, Qtum has left the impression of being a gathering place of “broken cryptocoins”: BOT, INK, SPC, HLC, OC, AWR. All of these tokens issued on Quantum failed to maintain their ICO price after being listed on the stock exchange, some of which even drop close to zero.
Finally, the overcrowded market for smart contract platforms will follow its own course of natural selection and eradicate weak entities by rewarding strong ones. Qtum will have an uphill battle to be in the latter camp.