Decred (DCR) Tops 24-Hour Trading Volume of $805,094.42

Decred (DCR) traded 1.4% lower against the U.S. dollar during the 24-hour period ending at 16:00 PM E.T. on September 14th. One Decred coin can now be purchased for about $12.15 or 0.00020260 BTC on cryptocurrency exchanges. During the last week, Decred has traded 8.9% higher against the U.S. dollar. Decred has a total market cap of $198.32 million and $805,094.42 worth of Decred was traded on exchanges in the last 24 hours.

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

• Compound (COMP) traded 1.2% higher against the dollar and now trades at $44.77 or 0.00074629 BTC.
• Bitcoiva (BCA) traded 0.2% lower against the dollar and now trades at $4.22 or 0.00007033 BTC.
• dForce USD (USX) traded 0% lower against the dollar and now trades at $1.00 or 0.00001671 BTC.
• Bitcoin Diamond (BCD) traded 3% lower against the dollar and now trades at $0.0653 or 0.00000109 BTC.
• WhiteCoin (XWC) traded down 14.7% against the dollar and now trades at $0.0105 or 0.00000017 BTC.
• Navcoin (NAV) traded down 1% against the dollar and now trades at $0.0400 or 0.00000067 BTC.
• Memetic (MEME) traded 0% lower against the dollar and now trades at $0.0101 or 0.00000017 BTC.
• ReddCoin (RDD) traded 4.6% higher against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• 42-coin (42) traded down 0.8% against the dollar and now trades at $23,767.29 or 0.39620786 BTC.
• Aion (AION) traded 4.9% lower against the dollar and now trades at $0.0016 or 0.00000003 BTC.

Decred Coin Profile

Decred (CRYPTO:DCR) is a PoW/PoS coin that uses the BLAKE256 hashing algorithm. It was first traded on February 8th, 2016. Decred’s total supply is 16,318,385 coins. The official message board for Decred is medium.com/decred. Decred’s official Twitter account is @decredproject and its Facebook page is accessible here. The Reddit community for Decred is https://reddit.com/r/decred and the currency’s Github account can be viewed 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.”

Decred Coin Trading

It is usually not presently possible to purchase alternative cryptocurrencies such as Decred directly using U.S. dollars. Investors seeking to acquire 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