Quorium is an innovative cryptocurrency that emphasizes enhanced privacy features and sustainable energy consumption within its blockchain network. The coin's architecture is designed to facilitate efficient and secure transactions while maintaining decentralization. As the digital currency landscape evolves, Quorium aims to offer users a reliable and environmentally-friendly alternative to traditional cryptocurrencies.
Quorium, denoted by the symbol qgold, has emerged as an intriguing player in the cryptocurrency market. As of the latest data, its price hovers around $2725.56, with a market cap of approximately $242,829,843. This relatively new asset exhibits both stability and potential, but like all financial instruments, it comes with its own set of advantages and disadvantages.
Quorium's journey has been notable. Since its inception, it has seen significant growth from an all-time low (ATL) of $1170.65 in June 2024 to reaching its all-time high (ATH) of $2760.6 in October 2024. This climb illustrates a noteworthy increase of over 132.66% from its low, highlighting its potential for substantial returns. However, it's important to note that after reaching its peak, the price has adjusted slightly, reflecting a 1.33861% decrease from the ATH.
One of the key advantages of Quorium is its strong upward momentum, which appeals to investors looking for growth potential. Its tightly constrained circulating and total supply of 89,000 adds an element of scarcity, possibly driving demand and value up over time. Additionally, Quorium's presence on social platforms like TikTok indicates a strategic engagement with a younger, tech-savvy audience, which could be advantageous for brand positioning and community building.
Furthermore, with a comprehensive whitepaper available on their website, transparency is prioritized, offering investors clarity into its business model and operational strategy.
Despite its potential, there are inherent risks associated with investing in Quorium. The recent 24-hour price volatility, showing a -0.22824% change, suggests that, like many cryptocurrencies, Quorium is subject to market fluctuation. Such volatility may deter risk-averse investors.
Moreover, the cryptocurrency market is highly competitive and regulated, posing external risks that could affect Quorium's market dynamics and profitability.
Looking forward, Quorium has a promising pathway if it continues to leverage its market position and community interaction efficiently. Its focus on fostering a dynamic community and maintaining supply scarcity could serve as significant growth catalysts. However, sustaining momentum will depend largely on broader market conditions and strategic adaptability to fluctuations in regulations and investor sentiment.
Overall, while Quorium represents a promising digital asset, potential investors should weigh its high-growth potential against inherent market risks, staying informed through resources like the official website and community updates.
In conclusion, Quorium stands as a fascinating market entrant with substantial growth potential rooted in historical performance and scarcity. Yet, investors should approach with calculated caution, considering the broader market landscape and inherent volatility. As always, thorough research and risk assessment should precede any investment decision in the cryptocurrency sector.
from price
$2,734
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General Information |
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Title
Quorium
|
Symbol
qgold
|
Whitepaper
|
Website
|
Community
|
Last Updated
2025-01-21 23:51
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Price Data |
Current Price $
2734.04
$
|
High 24h
2749.87
$
|
Low 24h
2673.66
$
|
Price Change 24h
32.41
$
|
Price Change % 24h
1.19965
%
|
Market Data |
Market Cap
229669440
|
Total Volume
152193
|
Market Cap Change 24h
3788134
|
Market Cap Change % 24h
1.67705
%
|
Return on Investment (ROI)
-
|
Supply and Availability |
Circulating Supply
84000
|
Total Supply
84000
|
Max Supply
-
|
Historical Data |
All Time High (ATH)
3572.74
|
ATH Change %
-23.3804
%
|
ATH Date
2024-12-15 12:35
|
All Time Low (ATL)
1170.65
|
ATL Change %
133.83716
%
|
ATL Date
2024-06-03 15:03
|