Decred Price Reaches $18.09 (DCR)

Decred (DCR) traded 4% higher against the U.S. dollar during the 24 hour period ending at 14:00 PM E.T. on June 15th. One Decred coin can currently be bought for $18.09 or 0.00027351 BTC on popular cryptocurrency exchanges. During the last week, Decred has traded 5.7% lower against the U.S. dollar. Decred has a market cap of $291.81 million and $2.33 million worth of Decred was traded on exchanges in the last 24 hours.

Here’s how related cryptocurrencies have performed during the last 24 hours:

• Compound (COMP) traded 6.9% higher against the dollar and now trades at $53.58 or 0.00080985 BTC.
• Bitcoiva (BCA) traded down 3.2% against the dollar and now trades at $7.15 or 0.00010812 BTC.
• EverGrow Coin (EGC) traded 2.8% higher against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• dForce USD (USX) traded up 0.7% against the dollar and now trades at $0.99 or 0.00001499 BTC.
• ReddCoin (RDD) traded up 63.8% against the dollar and now trades at $0.0005 or 0.00000001 BTC.
• Bitcoin Diamond (BCD) traded 4.3% lower against the dollar and now trades at $0.0665 or 0.00000101 BTC.
• WhiteCoin (XWC) traded up 6.6% against the dollar and now trades at $0.0040 or 0.00000006 BTC.
• Navcoin (NAV) traded 0.1% lower against the dollar and now trades at $0.0466 or 0.00000070 BTC.
• Aion (AION) traded 0% higher against the dollar and now trades at $0.0018 or 0.00000003 BTC.

Decred Coin Profile

DCR is a PoW/PoS coin that uses the BLAKE256 hashing algorithm. It launched on February 8th, 2016. Decred’s total supply is 16,126,620 coins. Decred’s official Twitter account is @decredproject and its Facebook page is accessible here. The official website for Decred is decred.org. 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.”

Decred Coin Trading

It is usually not currently 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 Changelly, 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