Decred (DCR) Price Down 2.1% Over Last Week

Decred (DCR) traded down 0.3% against the US dollar during the one day period ending at 7:00 AM ET on April 20th. Decred has a market capitalization of $337.15 million and $2.33 million worth of Decred was traded on exchanges in the last 24 hours. In the last week, Decred has traded 2.1% lower against the US dollar. One Decred coin can now be purchased for approximately $21.07 or 0.00032970 BTC on major cryptocurrency exchanges.

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

• Compound (COMP) traded down 0.8% against the dollar and now trades at $55.28 or 0.00086518 BTC.
• Bitcoiva (BCA) traded up 0.1% against the dollar and now trades at $8.29 or 0.00012978 BTC.
• EverGrow Coin (EGC) traded down 0.8% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Safe (SAFE) traded down 0% against the dollar and now trades at $1.99 or 0.00003116 BTC.
• dForce USD (USX) traded 0.6% lower against the dollar and now trades at $0.96 or 0.00001498 BTC.
• Bitcoin Diamond (BCD) traded 1.9% higher against the dollar and now trades at $0.10 or 0.00000163 BTC.
• WhiteCoin (XWC) traded up 0.2% against the dollar and now trades at $0.0051 or 0.00000008 BTC.
• ReddCoin (RDD) traded down 15.5% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Navcoin (NAV) traded 5.2% higher against the dollar and now trades at $0.0645 or 0.00000101 BTC.
• Aion (AION) traded down 3.9% against the dollar and now trades at $0.0017 or 0.00000003 BTC.

Decred Coin Profile

Decred (DCR) is a PoW/PoS coin that uses the BLAKE256 hashing algorithm. Its launch date was February 8th, 2016. Decred’s total supply is 16,002,879 coins. The Reddit community for Decred is https://reddit.com/r/decred and the currency’s Github account can be viewed here. The official message board for Decred is medium.com/decred. Decred’s official Twitter account is @decredproject and its Facebook page is accessible here. Decred’s official website 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.”

Buying and Selling Decred

It is usually not currently possible to buy alternative cryptocurrencies such as Decred directly using U.S. dollars. Investors seeking to trade Decred should first buy 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 buy Decred using one of the exchanges listed above.

DCR/USD price chart by TradingView