Decred Price Down 8.7% This Week (DCR)

Decred (DCR) traded down 5.1% against the dollar during the twenty-four hour period ending at 15:00 PM E.T. on November 3rd. One Decred coin can currently be bought for approximately $11.04 or 0.00016082 BTC on popular exchanges. In the last seven days, Decred has traded down 8.7% against the dollar. Decred has a total market cap of $181.26 million and approximately $891,825.61 worth of Decred was traded on exchanges in the last day.

Here is how related cryptocurrencies have performed in the last day:

• Compound (COMP) traded 2.5% lower against the dollar and now trades at $40.27 or 0.00058668 BTC.
• Zano (ZANO) traded 3.1% lower against the dollar and now trades at $7.02 or 0.00010257 BTC.
• Bitcoiva (BCA) traded 3.2% lower against the dollar and now trades at $3.94 or 0.00005735 BTC.
• dForce USD (USX) traded down 0% against the dollar and now trades at $1.00 or 0.00001452 BTC.
• WhiteCoin (XWC) traded up 10.2% against the dollar and now trades at $0.0136 or 0.00000020 BTC.
• Bitcoin Diamond (BCD) traded down 6% against the dollar and now trades at $0.0545 or 0.00000079 BTC.
• Navcoin (NAV) traded 1.6% lower against the dollar and now trades at $0.0285 or 0.00000042 BTC.
• ReddCoin (RDD) traded 23.1% higher against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Memetic (MEME) traded down 7.1% against the dollar and now trades at $0.0104 or 0.00000015 BTC.
• 42-coin (42) traded 1.3% lower against the dollar and now trades at $26,062.97 or 0.37974777 BTC.

Decred 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 16,422,151 coins. The official website for Decred is decred.org. Decred’s official Twitter account is @decredproject and its Facebook page is accessible here. The Reddit community for Decred is https://reddit.com/r/decred and the currency’s Github account can be viewed here. Decred’s official message board is medium.com/decred.

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

DCR/USD price chart by TradingView