Decred Price Up 1.1% Over Last Week (DCR)

Decred (DCR) traded up 0.8% against the U.S. dollar during the twenty-four hour period ending at 21:00 PM E.T. on October 22nd. Over the last week, Decred has traded 1.1% higher against the U.S. dollar. Decred has a market capitalization of $210.66 million and approximately $836,279.43 worth of Decred was traded on exchanges in the last 24 hours. One Decred coin can currently be bought for $12.85 or 0.00019095 BTC on popular cryptocurrency exchanges.

Here is how similar cryptocurrencies have performed over the last 24 hours:

• Compound (COMP) traded down 1.5% against the dollar and now trades at $44.88 or 0.00066713 BTC.
• Bitcoiva (BCA) traded 1.7% lower against the dollar and now trades at $4.82 or 0.00007159 BTC.
• dForce USD (USX) traded 0% higher against the dollar and now trades at $1.00 or 0.00001483 BTC.
• WhiteCoin (XWC) traded down 4.3% against the dollar and now trades at $0.0161 or 0.00000024 BTC.
• Bitcoin Diamond (BCD) traded 1.2% lower against the dollar and now trades at $0.0628 or 0.00000093 BTC.
• ReddCoin (RDD) traded 69.3% lower against the dollar and now trades at $0.0002 or 0.00000000 BTC.
• Navcoin (NAV) traded down 2.4% against the dollar and now trades at $0.0304 or 0.00000045 BTC.
• Memetic (MEME) traded 4.5% lower against the dollar and now trades at $0.0127 or 0.00000019 BTC.
• 42-coin (42) traded down 0.1% against the dollar and now trades at $25,567.42 or 0.38001156 BTC.
• Aion (AION) traded up 2.9% against the dollar and now trades at $0.0014 or 0.00000002 BTC.

Decred Coin Profile

Decred is a PoW/PoS coin that uses the BLAKE256 hashing algorithm. It launched on February 8th, 2016. Decred’s total supply is 16,397,379 coins. Decred’s official Twitter account is @decredproject and its Facebook page is accessible here. Decred’s official message board 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. 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 possible to purchase alternative cryptocurrencies such as Decred directly using U.S. dollars. Investors seeking to trade Decred should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Gemini, Coinbase or GDAX. 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