Quantum Resistant Ledger (QRL)

Market Cap

$17,261,981 USD

Volume (24h)

$83,124 USD

3.5

SAFETY

ranking factors

Markets

How many exchanges are there to trade this coin?

Quantum Resistant Ledger Markets Rank: 3/100
Volume Ratio

How actively is this asset being traded on the market?

Quantum Resistant Ledger Volume Ratio Rank: 1/100
Market Cap

The total cost of all coins available.

Quantum Resistant Ledger Market Cap Rank: 90/100
24h Change

Is the price moving up or down?

Quantum Resistant Ledger 24h Change Rank: 50/100
Social Following

How many users are following this coin?

Quantum Resistant Ledger Social Following Rank: 81/100
Google Trends

How many users are searching for the coin?

Quantum Resistant Ledger Google Trends Rank: 16/100
Twitter Citation

How many users are talking about this coin in Twitter?

Quantum Resistant Ledger Twitter Citation Rank: 2/100
User Voting

How popular is this coin among Cointobuy community?

Quantum Resistant Ledger User Voting Rank: 89/100

Quantum Resistant Ledger investment analysis

As the space of blockchain enterprise continues to expand, opportunities alongside threats continue to multiply even within the technological framework.

The vulnerability of crypto-assets is the most feared anomaly in digital cryptographic space. The effects also extend to digital assets built upon this technology of distributed ledger technology. However, there are different application programs and operating systems that are being developed to mitigate this challenge once the threats thresholds have been exceeded.

Quantum Resistant Ledger investments are one of such security solutions out there, bridging the gaps in security flaws in cryptographic technologies and their underlying digital assets. Quantum computing is one of such high-end performance and efficiently built computing infrastructures that are set in place to replace most of the modern computer architectures.

These systems and their concepts will leave current cryptographic techniques feeble and vulnerable to hacks and attacks using Shor’s algorithm, and inevitably bring an end to what is currently an evolutional economic trend in the crypto-space.

$0.331961

+400.9%

$1.66

222/877

by Safety

418/877

by Profit

How to buy Quantum Resistant Ledger?

There are about 6 exchanges that are currently listing and trading this asset. Looking for where to buy QRL coin should not be so hard because the exchanges are fairly popular in the crypto community and these exchanges are quite popular too for listing major coins that have made strides in headlines.

The only way to buy Quantum Resistant Ledger’s coin now is through the use of other cryptocurrencies. Sadly, with the number of cryptos a person can own, the limits are restricted to the top two assets by market cap (BTC and ETH) and the tethered USDT token. So basically, you’d need to convert other assets to any of them before you can buy QRL.

As for storage, the coin did start out as an Ethereum ERC20 compliant token, however, they have developed their own mainnet and now have different wallets where their clients and supporters can store their QRL tokens. Web wallets and desktop wallets are the currently available options available on their website.

Since the asset got listed in mid-2017, trading volume was encouraging with an average of about 979,000 QRL being traded in a 24-hour period within the first three months of listing. The charts for the market dynamics for this asset has been rather sporadic since then and having a few peak points that are somewhat outstanding.

To invest in QRL should be pretty easy since the objectives being set are real and have a huge magnitude in the changing scape of blockchain enterprise.

All-time maximum trading profit potential is 1,525%. Although, the coin has dropped about 33.4% as at the time of writing, with consistent fluctuation in price over a period of two weeks swayed from its recovery to its listing price – an effect happening to most cryptocurrencies of late.

However, this could be a good market entry point for most who have studied the asset over time and has seen considerate 52x profit from ICO price and a regular trading day of 5x, 2x, 1.5x…, profits.

The overall conviction to invest in Quantum Resistant Ledger should stem from a thorough understanding of cryptographic security elements and what roles this blockchain product will play to ensure the future security of digital assets that are leveraging its protocol to pursue a more decentralized ecomorph.

With the release of their mainnet program, and a migration protocol set in place to convert ERC20 tokens to the network’s native protocol, there should be huge trading activities. This is because each time a project makes a remarkable development on their project, it is usually followed by a gradual adoption potential favorable to the project in question.

Other proposed features down the pipeline of this project include a possibility of including smart contracts into their program specifications. We all know how much smart contracts have changed the internet industry and how useful they may become in the mainstream internet market.

The Ephemeral Messaging Application is also a unique feature to look forward to. With other platforms and apps using this concept in high-level security modeling, using blockchain to pad this programming might reveal some more remarkable potential and thereby increase the worth of this particular asset.

The future of this asset looks bright. Other Quantum Resistant Ledger analysis reveals that they may be implementing a proof of stake algorithm in their network. This looks like an important development considering that the platform being quantum-hack resistant, will require high-ending computing resource, should also be affordable and PoS should be that silver lining.

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