Decred Hits 24-Hour Trading Volume of $685,867.23 (DCR)

Decred (DCR) traded 2.6% lower against the US dollar during the 1 day period ending at 13:00 PM ET on November 2nd. Decred has a total market capitalization of $191.40 million and $685,867.23 worth of Decred was traded on exchanges in the last day. During the last seven days, Decred has traded 1.8% lower against the US dollar. One Decred coin can currently be bought for $11.66 or 0.00016812 BTC on popular cryptocurrency exchanges.

Here is how similar cryptocurrencies have performed during the last day:

• Compound (COMP) traded down 2.8% against the dollar and now trades at $41.61 or 0.00059906 BTC.
• Bitcoiva (BCA) traded down 0.7% against the dollar and now trades at $4.19 or 0.00006034 BTC.
• dForce USD (USX) traded 0% lower against the dollar and now trades at $1.00 or 0.00001433 BTC.
• Bitcoin Diamond (BCD) traded 0.4% higher against the dollar and now trades at $0.0576 or 0.00000083 BTC.
• WhiteCoin (XWC) traded 0.2% higher against the dollar and now trades at $0.0123 or 0.00000018 BTC.
• Navcoin (NAV) traded 3.6% lower against the dollar and now trades at $0.0290 or 0.00000042 BTC.
• Memetic (MEME) traded 6.7% lower against the dollar and now trades at $0.0112 or 0.00000016 BTC.
• ReddCoin (RDD) traded 6.8% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• 42-coin (42) traded 0.6% lower against the dollar and now trades at $26,349.29 or 0.38001390 BTC.
• Aion (AION) traded down 6.7% against the dollar and now trades at $0.0014 or 0.00000002 BTC.

Decred Coin Profile

Decred (CRYPTO:DCR) is a PoW/PoS coin that uses the BLAKE256 hashing algorithm. It was first traded on February 8th, 2016. Decred’s total supply is 16,419,131 coins. The Reddit community for Decred is https://reddit.com/r/decred and the currency’s Github account can be viewed here. Decred’s official Twitter account is @decredproject and its Facebook page is accessible here. The official message board for Decred is medium.com/decred. The official website for Decred is decred.org.

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 presently possible to purchase alternative cryptocurrencies such as Decred directly using US dollars. Investors seeking to acquire Decred should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Coinbase, GDAX or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Decred using one of the exchanges listed above.

DCR/USD price chart by TradingView