Based

bullish

QuarkChain

<p class="is-style-lead">On July 28, the QKC token’s price increased from $0.008 to $0.014. Over the past week, it’s climbed by over 28%. As of today, July 30, QKC is trading at $0.01, with a market capitalization of $70,762,113. What is the QuarkChain price prediction for the short and long term?</p> 
<figure class="wp-block-image size-full">
 <picture decoding="async" class="wp-image-14288378"> 
  <source type="image/webp" srcset="https://crypto.news/app/uploads/2024/07/Снимок-экрана-2024-07-30-в-21.36.18.png.webp"> 
  <img decoding="async" width="1414" height="744" src="https://crypto.news/app/uploads/2024/07/Снимок-экрана-2024-07-30-в-21.36.18.png" alt="QuarkChain price prediction: How far it can ramp up? - 2"> 
 </picture> 
 <figcaption class="wp-element-caption">
  1-week QKC price chart | Source: <a href="https://coinmarketcap.com/currencies/quarkchain/" target="_blank" rel="">CoinMarketCap</a>
 </figcaption>
</figure> 
<div class="wp-block-rank-math-toc-block" id="rank-math-toc">
 <p>Table of Contents</p>
 <nav>
  <ul>
   <li><a href="#what-is-quark-chain" rel="">What is QuarkChain</a></li>
   <li><a href="#usability-of-the-qkc-token" rel="">Usability of the QKC token&nbsp;</a></li>
   <li><a href="#quark-chain-coin-price-prediction" rel="">QuarkChain coin price prediction</a></li>
  </ul>
 </nav>
</div> 
<h2 class="wp-block-heading" id="what-is-quark-chain">What is QuarkChain</h2> 
<p>As claimed, QuarkChain is working to fix some of the big problems that older blockchains face. While <a href="https://crypto.news/price/bitcoin/" target="_blank" data-type="link" data-id="https://crypto.news/price/bitcoin/" rel="noreferrer noopener">Bitcoin</a> and <a href="https://crypto.news/price/ethereum/" target="_blank" data-type="link" data-id="https://crypto.news/price/ethereum/" rel="noreferrer noopener">Ethereum</a> have nailed decentralization, they’ve had to sacrifice scalability and flexibility to get there. Meanwhile, projects like <a href="https://crypto.news/price/xrp/" target="_blank" data-type="link" data-id="https://crypto.news/price/xrp/" rel="noreferrer noopener">XRP</a> or <a href="https://crypto.news/price/tether/" data-type="link" data-id="https://crypto.news/price/tether/">USDT</a> offer high scalability but are centralized, which doesn’t represent the ideal vision of the crypto world. QuarkChain aims to change this by solving these problems. Here’s how:&nbsp;</p> 
<h3 class="wp-block-heading" id="solves-low-scalability">Solves low scalability&nbsp;</h3> 
<p>Bitcoin, being the first and biggest cryptocurrency, is also the most widely used, but it can only handle about 6-7 transactions per second. Ethereum is a bit better, managing around 14-15 transactions per second. QuarkChain, on the other hand, aims to hit a massive 100,000 transactions per second, which would make it one of the most scalable blockchains out there. Right now, it’s already handling around 55,000 transactions per second, which is a huge leap forward compared to older networks.</p> 
<h3 class="wp-block-heading" id="increases-flexibility">Increases flexibility&nbsp;</h3> 
<p>QuarkChain is an intriguing public network that supports multiple consensus mechanisms, transaction models, ledgers, token economies, and more, all within a single network. Its team claims that it can adapt to blockchain innovations by simply adjusting its consensus or changing transaction models and other aspects. This makes QuarkChain really flexible and easy to update, unlike other blockchains that usually stay stuck with their original setup unless they go through a major overhaul.&nbsp;</p> 
<h3 class="wp-block-heading" id="promotes-decentralization">Promotes decentralization&nbsp;</h3> 
<p>QuarkChain’s two-layer system means that anyone can mine its tokens directly, whether you’re a seasoned pro or just starting out, no matter what kind of gear you have. It believes that this approach is far superior for decentralization compared to joining mining pools. Additionally, it allows users to choose whether they want to mine in the root chain or in a shard.&nbsp;</p> 
<h3 class="wp-block-heading" id="achieves-interoperability">Achieves interoperability&nbsp;</h3> 
<p>Thanks to its architecture, cross-chain transactions become feasible. The project notes in its documentation that QuarkChain supports only one root chain, so transactions from other blockchains — although possible — require some adjustments. They can be executed by converting tokens using an adapter and then carrying out transactions, such as transactions between segments. The only other method is to adapt another chain as a sidechain, making cross-chain transactions, which are already available, also cross-chain transactions.</p> 
<h2 class="wp-block-heading" id="usability-of-the-qkc-token">Usability of the QKC token&nbsp;</h2> 
<p>The QKC token, QuarkChain’s native currency, opens up a world of exciting opportunities. It’s particularly well-suited for cutting-edge technologies like AI, big data applications, and the Internet of Things. The project also highlights that QKC is perfect for mobile dApps due to its robust design and structure. Beyond that, QuarkChain’s technology makes QKC valuable for various other applications, including social networks, online storage, exchange platforms, and even gaming.&nbsp;</p> 
<p>What will the QuarkChain price prediction be for the near future and beyond?</p> 
<h2 class="wp-block-heading" id="quark-chain-coin-price-prediction">QuarkChain coin price prediction</h2> 
<p>What’s on the horizon for QKC in the near term?&nbsp;</p> 
<h3 class="wp-block-heading" id="quark-chain-crypto-price-prediction-short-term-outlook">QuarkChain crypto price prediction: short-term outlook</h3> 
<p>According to the QuarkChain price forecast by <a href="https://coincodex.com/crypto/quarkchain/price-prediction/" target="_blank" rel="">CoinCodex</a>, the coin’s price is expected to rise by 1.23%, reaching $0.010365 by August 29, 2024. Technical indicators are currently showing a bullish sentiment, and the Fear &amp; Greed Index is at 67, reflecting a state of greed.</p> 
<h3 class="wp-block-heading" id="quark-chain-price-prediction-2024">QuarkChain price prediction 2024&nbsp;</h3> 
<p><a href="https://walletinvestor.com/forecast/quarkchain-prediction-data" target="_blank" rel="">Wallet Investor’s</a> projections hint that by the end of 2024, QKC could hit a maximum price of around $0.0247.</p> 
<p>Based on current data, QuarkChain and its market environment have experienced a bullish trend over the past 12 months if such a trend exists. However, AI analysis suggests that QKC might face a downturn in the future, making it less likely to be a profitable investment. Given this gloomy outlook, it could be a smart move to look into other projects to diversify your portfolio. Trading in bear markets can be tough, so it’s wise to steer clear of this currency if you don’t have much experience. New investors should familiarize themselves with effective investment strategies before proceeding. These expectations are derived from Wallet Investor’s QuarkChain price prediction.</p> 
<h3 class="wp-block-heading" id="quark-chain-price-prediction-2025">QuarkChain price prediction 2025</h3> 
<p>According to CoinCodex’s QKC price prediction for 2025, QuarkChain’s price <a href="https://coincodex.com/crypto/quarkchain/price-prediction/" target="_blank" rel="">could range</a> from $0.0099 to $0.0159. If QKC reaches the higher end of that range, it could see a boost of up to 59.31% from its current value.</p> 
<h3 class="wp-block-heading" id="quark-chain-price-prediction-2030">QuarkChain price prediction 2030</h3> 
<p>CoinCodex estimates that by 2030, QuarkChain’s price could vary between $0.0120 and $0.0560. If it hits the higher point of this forecast, it might see a remarkable increase of up to 462.96% from its current value.</p> 
<p>Is QKC a good investment? Before putting your money into anything, consider how much risk you’re okay with and what you want to accomplish financially. That way, you can make choices that fit your investment goals.</p> 
<p> Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. </p>

QuarkChain price prediction: How far it can ramp up?

Table of Contents

crypto.news

Autres articles publiés le 30 juil. 2024

Ferrari to Extend Cryptocurrency Payments to Europe by July End

SEC Chairman Gary Gensler May Resign as Trump Readies for 2025 Presidential Term

Bitcoin Reaches $70,000 Before Dropping! Analysis from July 30, 2024

Crypto ETFs to hit ‘model portfolios’ toward year end — BlackRock

Michael Novogratz’s Galaxy Digital Acquires $1B in Ethereum Staking Assets

HashKey Global Expands Cryptocurrency Derivatives Offerings

Join our free newsletter for daily crypto updates!