Decred (DCR) Price Hits $15.09 on Exchanges

Decred (DCR) traded down 0% against the dollar during the 1-day period ending at 8:00 AM Eastern on June 22nd. One Decred coin can currently be purchased for approximately $15.09 or 0.00023472 BTC on major cryptocurrency exchanges. Decred has a total market capitalization of $243.56 million and $1.92 million worth of Decred was traded on exchanges in the last day. During the last week, Decred has traded down 17% against the dollar.

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

• Compound (COMP) traded 1.6% lower against the dollar and now trades at $48.52 or 0.00075473 BTC.
• Bitcoiva (BCA) traded down 2% against the dollar and now trades at $6.76 or 0.00010516 BTC.
• EverGrow Coin (EGC) traded 0.7% higher against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• dForce USD (USX) traded 0.1% higher against the dollar and now trades at $0.99 or 0.00001536 BTC.
• Bitcoin Diamond (BCD) traded 0.2% lower against the dollar and now trades at $0.0610 or 0.00000095 BTC.
• WhiteCoin (XWC) traded up 0% against the dollar and now trades at $0.0041 or 0.00000006 BTC.
• Navcoin (NAV) traded down 4.2% against the dollar and now trades at $0.0485 or 0.00000075 BTC.
• Aion (AION) traded 16.8% higher against the dollar and now trades at $0.0019 or 0.00000003 BTC.
• ReddCoin (RDD) traded down 14.2% against the dollar and now trades at $0.0001 or 0.00000000 BTC.

Decred Coin Profile

Decred is a PoW/PoS coin that uses the BLAKE256 hashing algorithm. Its genesis date was February 8th, 2016. Decred’s total supply is 16,140,933 coins. Decred’s official website 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 presently possible to buy alternative cryptocurrencies such as Decred directly using U.S. dollars. Investors seeking to trade Decred should first buy 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 buy Decred using one of the aforementioned exchanges.

DCR/USD price chart by TradingView