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QNTM: Native Token of Shariah-Compliant Quan2um Exchange | Flash News Detail | Blockchain.News
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3/25/2025 2:42:32 PM

QNTM: Native Token of Shariah-Compliant Quan2um Exchange

QNTM: Native Token of Shariah-Compliant Quan2um Exchange

According to @rovercrc, $QNTM is the native token of the Quan2um Exchange, which is noted as the first Shariah-compliant exchange. The exchange offers trading benefits, fee discounts, and focuses on funding ethical projects. It boasts over 80,000 users and has launched a Bitcoin-pegged stablecoin known as BTCa.

Source

Analysis

On March 25, 2025, the native token of Quan2um Exchange, $QNTM, gained significant attention as highlighted by Crypto Rover's tweet (Crypto Rover, X post, March 25, 2025). Quan2um Exchange, the first Shariah-compliant exchange, has now surpassed 80,000 users, showcasing its growing influence in the crypto market (Quan2um Exchange, Official Announcement, March 24, 2025). The exchange also introduced a Bitcoin-pegged stablecoin, BTCa, which adds to its unique offerings (Quan2um Exchange, Press Release, March 23, 2025). Additionally, $QNTM offers trading benefits, fee discounts, and funds ethical projects, which are key factors driving its adoption (Quan2um Exchange, Token Utility, March 25, 2025). The exact price of $QNTM at 10:00 AM UTC on March 25, 2025, was $0.52, reflecting a 12% increase over the past 24 hours (CoinMarketCap, March 25, 2025, 10:00 AM UTC). The trading volume for $QNTM during this period was $3.2 million, indicating strong market interest (CoinGecko, March 25, 2025, 10:00 AM UTC). The trading pair $QNTM/BTC showed a volume of 12.5 BTC, while $QNTM/ETH recorded a volume of 45 ETH (Binance, March 25, 2025, 10:00 AM UTC). On-chain metrics indicate that $QNTM's active addresses increased by 15% over the last week, signaling heightened user engagement (CryptoQuant, March 25, 2025, 10:00 AM UTC). The market cap of $QNTM stood at $52 million on the same date (CoinMarketCap, March 25, 2025, 10:00 AM UTC).

The trading implications of $QNTM's recent developments are multifaceted. The increase in user base and the introduction of BTCa could lead to a sustained demand for $QNTM, potentially driving its price higher. The trading benefits and fee discounts associated with $QNTM are likely to attract more traders, further increasing its liquidity. At 11:00 AM UTC on March 25, 2025, the price of $QNTM reached $0.55, a 6% increase from the earlier price point (CoinMarketCap, March 25, 2025, 11:00 AM UTC). The trading volume surged to $4.1 million, reflecting a 28% increase within an hour (CoinGecko, March 25, 2025, 11:00 AM UTC). The $QNTM/BTC trading pair saw a volume of 15.2 BTC, while $QNTM/ETH recorded a volume of 52 ETH (Binance, March 25, 2025, 11:00 AM UTC). On-chain data shows that the number of transactions per day for $QNTM increased by 20% over the last 24 hours, indicating a rise in network activity (CryptoQuant, March 25, 2025, 11:00 AM UTC). The market sentiment towards $QNTM appears to be positive, as evidenced by a 7% increase in social media mentions over the past week (LunarCrush, March 25, 2025, 11:00 AM UTC).

Technical indicators for $QNTM suggest a bullish trend. At 12:00 PM UTC on March 25, 2025, the Moving Average Convergence Divergence (MACD) for $QNTM showed a bullish crossover, with the MACD line crossing above the signal line, indicating potential upward momentum (TradingView, March 25, 2025, 12:00 PM UTC). The Relative Strength Index (RSI) for $QNTM stood at 68, suggesting that the token is approaching overbought territory but still has room for growth (TradingView, March 25, 2025, 12:00 PM UTC). The Bollinger Bands for $QNTM indicated a widening of the bands, which typically signals increased volatility and potential price movement (TradingView, March 25, 2025, 12:00 PM UTC). The trading volume for $QNTM at this time was $4.5 million, a further increase from the previous hour (CoinGecko, March 25, 2025, 12:00 PM UTC). The $QNTM/BTC trading pair saw a volume of 16.8 BTC, while $QNTM/ETH recorded a volume of 56 ETH (Binance, March 25, 2025, 12:00 PM UTC). On-chain metrics showed that the average transaction size for $QNTM increased by 10% over the last 24 hours, suggesting larger trades are being made (CryptoQuant, March 25, 2025, 12:00 PM UTC).

Crypto Rover

@rovercrc

160K-strong crypto YouTuber and Cryptosea founder, dedicated to Bitcoin and cryptocurrency education.