Decred (DCR) Price Tops $11.30

Decred (DCR) traded 1.8% higher against the US dollar during the 1-day period ending at 15:00 PM E.T. on September 8th. Over the last seven days, Decred has traded up 3% against the US dollar. One Decred coin can currently be purchased for $11.30 or 0.00020767 BTC on popular cryptocurrency exchanges. Decred has a total market capitalization of $184.29 million and $1.02 million worth of Decred was traded on exchanges in the last day.

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

• Compound (COMP) traded 0.7% lower against the dollar and now trades at $40.69 or 0.00074771 BTC.
• Bitcoiva (BCA) traded 1.1% lower against the dollar and now trades at $3.68 or 0.00006762 BTC.
• dForce USD (USX) traded up 0% against the dollar and now trades at $1.00 or 0.00001836 BTC.
• EverGrow Coin (EGC) traded 21.4% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Bitcoin Diamond (BCD) traded 3.7% lower against the dollar and now trades at $0.0652 or 0.00000120 BTC.
• WhiteCoin (XWC) traded 5.1% lower against the dollar and now trades at $0.0054 or 0.00000010 BTC.
• Navcoin (NAV) traded down 0.3% against the dollar and now trades at $0.0361 or 0.00000066 BTC.
• Memetic (MEME) traded 3.4% higher against the dollar and now trades at $0.0091 or 0.00000017 BTC.
• ReddCoin (RDD) traded down 5.6% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Aion (AION) traded 0.6% lower against the dollar and now trades at $0.0018 or 0.00000003 BTC.

Decred Profile

DCR is a PoW/PoS coin that uses the BLAKE256 hashing algorithm. Its genesis date was February 8th, 2016. Decred’s total supply is 16,306,173 coins. Decred’s official message board 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. 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 buy alternative cryptocurrencies such as Decred directly using U.S. dollars. Investors seeking to acquire Decred should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Gemini, GDAX or Changelly. 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