Decred Trading Up 1.1% Over Last Week (DCR)

Decred (DCR) traded up 2% against the US dollar during the 1 day period ending at 23:00 PM E.T. on September 20th. During the last week, Decred has traded up 1.1% against the US dollar. One Decred coin can now be purchased for about $12.42 or 0.00019738 BTC on popular exchanges. Decred has a total market capitalization of $202.85 million and $1.54 million worth of Decred was traded on exchanges in the last day.

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

• Compound (COMP) traded up 1.5% against the dollar and now trades at $44.90 or 0.00071355 BTC.
• Bitcoiva (BCA) traded 0.1% lower against the dollar and now trades at $4.46 or 0.00007089 BTC.
• dForce USD (USX) traded 0% lower against the dollar and now trades at $1.00 or 0.00001582 BTC.
• Bitcoin Diamond (BCD) traded 4.9% higher against the dollar and now trades at $0.0653 or 0.00000104 BTC.
• WhiteCoin (XWC) traded down 8.5% against the dollar and now trades at $0.0157 or 0.00000025 BTC.
• Navcoin (NAV) traded down 0.8% against the dollar and now trades at $0.0399 or 0.00000063 BTC.
• ReddCoin (RDD) traded up 88.9% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Memetic (MEME) traded up 0.9% against the dollar and now trades at $0.0107 or 0.00000017 BTC.
• 42-coin (42) traded down 0.8% against the dollar and now trades at $24,638.88 or 0.39151997 BTC.
• Aion (AION) traded up 6.9% against the dollar and now trades at $0.0017 or 0.00000003 BTC.

Decred 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 16,331,369 coins. 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. The official message board for Decred is medium.com/decred. 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 currently possible to purchase alternative cryptocurrencies such as Decred directly using US dollars. Investors seeking to acquire Decred should first purchase 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 purchase Decred using one of the aforementioned exchanges.

DCR/USD price chart by TradingView