Decred (DCR) Price Down 4.4% Over Last 7 Days

Decred (DCR) traded 5.1% lower against the U.S. dollar during the one day period ending at 23:00 PM E.T. on October 31st. Over the last week, Decred has traded down 4.4% against the U.S. dollar. Decred has a total market cap of $197.46 million and $1.07 million worth of Decred was traded on exchanges in the last day. One Decred coin can now be bought for $12.03 or 0.00017307 BTC on cryptocurrency exchanges.

Here’s how similar cryptocurrencies have performed over the last day:

• Compound (COMP) traded down 4.4% against the dollar and now trades at $42.87 or 0.00061676 BTC.
• Bitcoiva (BCA) traded down 7.1% against the dollar and now trades at $4.21 or 0.00006052 BTC.
• dForce USD (USX) traded up 0% against the dollar and now trades at $1.00 or 0.00001432 BTC.
• Bitcoin Diamond (BCD) traded 1.5% lower against the dollar and now trades at $0.0581 or 0.00000084 BTC.
• WhiteCoin (XWC) traded up 2.2% against the dollar and now trades at $0.0124 or 0.00000018 BTC.
• Navcoin (NAV) traded down 0.7% against the dollar and now trades at $0.0305 or 0.00000044 BTC.
• ReddCoin (RDD) traded down 90.8% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Memetic (MEME) traded down 9% against the dollar and now trades at $0.0123 or 0.00000017 BTC.
• 42-coin (42) traded 4.2% lower against the dollar and now trades at $26,409.76 or 0.37998257 BTC.
• Aion (AION) traded 2.2% higher 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. It launched on February 8th, 2016. Decred’s total supply is 16,416,136 coins. Decred’s official Twitter account is @decredproject and its Facebook page is accessible here. The official website for Decred is decred.org. The official message board for Decred is medium.com/decred. The Reddit community for Decred is https://reddit.com/r/decred and the currency’s Github account can be viewed 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 possible to purchase alternative cryptocurrencies such as Decred directly using U.S. dollars. Investors seeking to trade Decred should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Changelly, Gemini or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Decred using one of the exchanges listed above.

DCR/USD price chart by TradingView