Decred (DCR) Price Tops $12.22 on Major Exchanges

Decred (DCR) traded up 10.4% against the U.S. dollar during the 1 day period ending at 0:00 AM E.T. on November 5th. In the last week, Decred has traded down 4.5% against the U.S. dollar. One Decred coin can now be bought for about $12.22 or 0.00016431 BTC on major exchanges. Decred has a total market cap of $200.77 million and approximately $912,268.02 worth of Decred was traded on exchanges in the last 24 hours.

Here is how related cryptocurrencies have performed in the last 24 hours:

• Compound (COMP) traded 6.4% higher against the dollar and now trades at $43.34 or 0.00058255 BTC.
• Zano (ZANO) traded up 3.2% against the dollar and now trades at $7.03 or 0.00010195 BTC.
• Bitcoiva (BCA) traded up 11.4% against the dollar and now trades at $4.39 or 0.00005896 BTC.
• dForce USD (USX) traded up 0% against the dollar and now trades at $1.00 or 0.00001348 BTC.
• Bitcoin Diamond (BCD) traded 10.5% higher against the dollar and now trades at $0.0601 or 0.00000081 BTC.
• WhiteCoin (XWC) traded down 3.3% against the dollar and now trades at $0.0134 or 0.00000018 BTC.
• Navcoin (NAV) traded up 0.1% against the dollar and now trades at $0.0277 or 0.00000037 BTC.
• ReddCoin (RDD) traded up 26.9% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Memetic (MEME) traded up 7.9% against the dollar and now trades at $0.0110 or 0.00000016 BTC.
• 42-coin (42) traded 8.8% higher against the dollar and now trades at $28,262.99 or 0.37993020 BTC.

About Decred

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 16,426,037 coins. 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. The official website for Decred 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 US dollars. Investors seeking to acquire Decred should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Gemini, GDAX or Changelly. 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