Decred (DCR) Price Down 1.6% Over Last 7 Days

Decred (DCR) traded down 0.3% against the U.S. dollar during the 24 hour period ending at 11:00 AM ET on November 18th. In the last week, Decred has traded 1.6% lower against the U.S. dollar. One Decred coin can currently be bought for approximately $13.57 or 0.00014749 BTC on major cryptocurrency exchanges. Decred has a total market capitalization of $223.19 million and approximately $2.59 million worth of Decred was traded on exchanges in the last 24 hours.

Here is how related cryptocurrencies have performed in the last 24 hours:

• Compound (COMP) traded 3.2% higher against the dollar and now trades at $54.13 or 0.00058845 BTC.
• Zano (ZANO) traded 5.4% lower against the dollar and now trades at $7.23 or 0.00007823 BTC.
• Bitcoiva (BCA) traded 4.2% lower against the dollar and now trades at $6.15 or 0.00006686 BTC.
• WhiteCoin (XWC) traded up 2.2% against the dollar and now trades at $0.0401 or 0.00000044 BTC.
• Bitcoin Diamond (BCD) traded 7.4% higher against the dollar and now trades at $0.0811 or 0.00000088 BTC.
• dForce USD (USX) traded 0.1% higher against the dollar and now trades at $0.99 or 0.00001077 BTC.
• Navcoin (NAV) traded down 10.8% against the dollar and now trades at $0.0249 or 0.00000027 BTC.
• ReddCoin (RDD) traded down 8.6% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Memetic (MEME) traded 0.6% lower against the dollar and now trades at $0.0146 or 0.00000016 BTC.
• 42-coin (42) traded 1.9% higher against the dollar and now trades at $36,807.25 or 0.40015156 BTC.

Decred Profile

DCR is a PoW/PoS coin that uses the BLAKE256 hashing algorithm. Its launch date was February 8th, 2016. Decred’s total supply is 16,451,187 coins. Decred’s official website is decred.org. 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.

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.”

Buying and Selling Decred

It is usually not currently 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, Gemini 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