Decred (DCR) Trading 3.8% Higher Over Last Week

Decred (DCR) traded 6.1% higher against the U.S. dollar during the 1 day period ending at 17:00 PM ET on September 19th. In the last seven days, Decred has traded 3.8% higher against the U.S. dollar. Decred has a market cap of $206.79 million and approximately $1.24 million worth of Decred was traded on exchanges in the last 24 hours. One Decred coin can now be purchased for approximately $12.66 or 0.00020085 BTC on major cryptocurrency exchanges.

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

• Compound (COMP) traded up 3.2% against the dollar and now trades at $44.47 or 0.00070523 BTC.
• Bitcoiva (BCA) traded 7.1% higher against the dollar and now trades at $4.47 or 0.00007083 BTC.
• dForce USD (USX) traded down 0.2% against the dollar and now trades at $1.00 or 0.00001580 BTC.
• WhiteCoin (XWC) traded 7.1% higher against the dollar and now trades at $0.0172 or 0.00000027 BTC.
• Bitcoin Diamond (BCD) traded 4% lower against the dollar and now trades at $0.0619 or 0.00000098 BTC.
• Navcoin (NAV) traded 2.7% higher against the dollar and now trades at $0.0403 or 0.00000064 BTC.
• Memetic (MEME) traded 5% higher against the dollar and now trades at $0.0106 or 0.00000017 BTC.
• ReddCoin (RDD) traded 16.9% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• 42-coin (42) traded up 3.7% against the dollar and now trades at $24,992.51 or 0.39637194 BTC.
• Aion (AION) traded 0% higher against the dollar and now trades at $0.0016 or 0.00000003 BTC.

Decred Coin Profile

Decred is a PoW/PoS coin that uses the BLAKE256 hashing algorithm. Its launch date was February 8th, 2016. Decred’s total supply is 16,328,932 coins. 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. Decred’s official Twitter account is @decredproject and its Facebook page is accessible 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 possible to buy alternative cryptocurrencies such as Decred directly using US dollars. Investors seeking to acquire Decred should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Gemini, Changelly or GDAX. 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