Decred (DCR) Price Up 0.5% Over Last Week

Decred (DCR) traded 2.1% higher against the U.S. dollar during the 24 hour period ending at 7:00 AM ET on October 21st. One Decred coin can currently be bought for about $12.96 or 0.00018969 BTC on exchanges. Over the last seven days, Decred has traded 0.5% higher against the U.S. dollar. Decred has a market cap of $212.53 million and $1.11 million worth of Decred was traded on exchanges in the last 24 hours.

Here’s how other cryptocurrencies have performed over the last 24 hours:

• Compound (COMP) traded up 1% against the dollar and now trades at $45.93 or 0.00067207 BTC.
• Bitcoiva (BCA) traded 0% lower against the dollar and now trades at $4.48 or 0.00006557 BTC.
• dForce USD (USX) traded up 0.1% against the dollar and now trades at $1.00 or 0.00001442 BTC.
• WhiteCoin (XWC) traded 10.4% higher against the dollar and now trades at $0.0157 or 0.00000023 BTC.
• Bitcoin Diamond (BCD) traded up 2.1% against the dollar and now trades at $0.0637 or 0.00000093 BTC.
• Navcoin (NAV) traded down 0.5% against the dollar and now trades at $0.0312 or 0.00000046 BTC.
• ReddCoin (RDD) traded 24.4% higher against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Memetic (MEME) traded 1.4% higher against the dollar and now trades at $0.0136 or 0.00000020 BTC.
• 42-coin (42) traded 0.1% lower against the dollar and now trades at $25,971.39 or 0.38002546 BTC.
• Aion (AION) traded down 3% against the dollar and now trades at $0.0013 or 0.00000002 BTC.

About Decred

Decred is a PoW/PoS coin that uses the BLAKE256 hashing algorithm. Its launch date was February 8th, 2016. Decred’s total supply is 16,394,075 coins. The Reddit community for Decred is https://reddit.com/r/decred and the currency’s Github account can be viewed here. The official website for Decred is decred.org. Decred’s official message board is medium.com/decred. Decred’s official Twitter account is @decredproject and its Facebook page is accessible here.

According to CryptoCompare, “Decred (DCR) is a hybrid PoW/PoS blockchain-based cryptocurrency, designed to ensure community involvement, open governance, and sustainable development funding. Stakeholders, or DCR holders, play a pivotal role in determining consensus rules, the blockchain’s evolution, and treasury funds allocation. Block rewards in Decred are split between PoW miners (10%), stakeholders (80%), and the Decred Treasury (10%). Stakeholders can stake their DCR for voting tickets, which grants them the power to vote on rule change proposals and approve PoW miners’ work. The Decred Treasury’s usage is decided via Politeia proposals and voting by live ticket holders. Launched in 2016 by co-founders including Alex and Jake Yocom-Piatt, Decred aims to create a truly decentralized cryptocurrency governed actively by its community.”

Decred Coin Trading

It is usually not currently possible to buy alternative cryptocurrencies such as Decred directly using U.S. dollars. Investors seeking to acquire Decred should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Gemini, Changelly or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Decred using one of the aforementioned exchanges.

DCR/USD price chart by TradingView