Decred Reaches 1-Day Trading Volume of $1.39 Million (DCR)

Decred (DCR) traded down 1.7% against the US dollar during the 1 day period ending at 19:00 PM Eastern on July 24th. Decred has a market cap of $193.18 million and $1.39 million worth of Decred was traded on exchanges in the last 24 hours. During the last week, Decred has traded down 14.9% against the US dollar. One Decred coin can currently be bought for $11.92 or 0.00018227 BTC on major cryptocurrency exchanges.

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

• Compound (COMP) traded 1.6% lower against the dollar and now trades at $48.87 or 0.00074753 BTC.
• Bitcoiva (BCA) traded down 4% against the dollar and now trades at $6.03 or 0.00009221 BTC.
• EverGrow Coin (EGC) traded down 1% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• dForce USD (USX) traded 0.1% lower against the dollar and now trades at $1.00 or 0.00001527 BTC.
• Bitcoin Diamond (BCD) traded up 0.1% against the dollar and now trades at $0.0643 or 0.00000098 BTC.
• WhiteCoin (XWC) traded 8.7% lower against the dollar and now trades at $0.0042 or 0.00000006 BTC.
• Navcoin (NAV) traded down 1.5% against the dollar and now trades at $0.0494 or 0.00000076 BTC.
• Aion (AION) traded up 4.2% against the dollar and now trades at $0.0020 or 0.00000003 BTC.
• ReddCoin (RDD) traded down 3.4% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Memetic (MEME) traded 5.6% lower against the dollar and now trades at $0.0151 or 0.00000023 BTC.

About Decred

Decred is a PoW/PoS coin that uses the BLAKE256 hashing algorithm. Its launch date was February 8th, 2016. Decred’s total supply is 16,210,592 coins. The official website for Decred 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.”

Decred Coin Trading

It is usually not currently 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 Changelly, GDAX or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Decred using one of the aforementioned exchanges.

DCR/USD price chart by TradingView