Decred Trading 7.1% Lower Over Last 7 Days (DCR)

Decred (DCR) traded down 0% against the US dollar during the 1 day period ending at 18:00 PM Eastern on June 16th. One Decred coin can currently be purchased for about $17.92 or 0.00026968 BTC on major cryptocurrency exchanges. Over the last week, Decred has traded 7.1% lower against the US dollar. Decred has a total market capitalization of $289.10 million and $1.83 million worth of Decred was traded on exchanges in the last day.

Here is how other cryptocurrencies have performed over the last day:

• Compound (COMP) traded 0.4% higher against the dollar and now trades at $53.65 or 0.00080723 BTC.
• Bitcoiva (BCA) traded 0.3% higher against the dollar and now trades at $7.14 or 0.00010739 BTC.
• EverGrow Coin (EGC) traded up 0.7% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• dForce USD (USX) traded down 0.5% against the dollar and now trades at $0.99 or 0.00001486 BTC.
• Bitcoin Diamond (BCD) traded down 2.3% against the dollar and now trades at $0.0655 or 0.00000098 BTC.
• WhiteCoin (XWC) traded down 0% against the dollar and now trades at $0.0040 or 0.00000006 BTC.
• Navcoin (NAV) traded down 0.3% against the dollar and now trades at $0.0467 or 0.00000070 BTC.
• Aion (AION) traded 2.1% higher against the dollar and now trades at $0.0019 or 0.00000003 BTC.
• ReddCoin (RDD) traded 8.6% lower against the dollar and now trades at $0.0001 or 0.00000000 BTC.

About Decred

DCR is a PoW/PoS coin that uses the BLAKE256 hashing algorithm. It launched on February 8th, 2016. Decred’s total supply is 16,129,105 coins. 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. Decred’s official Twitter account is @decredproject and its Facebook page is accessible here. The official message board for Decred 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 Bitcoin or Ethereum using an exchange that deals in US dollars such as Gemini, Coinbase or GDAX. 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