Decred Trading 0.6% Lower This Week (DCR)

Decred (DCR) traded 5.4% lower against the US dollar during the 1-day period ending at 0:00 AM Eastern on September 28th. In the last week, Decred has traded down 0.6% against the US dollar. Decred has a total market cap of $202.37 million and approximately $1.11 million worth of Decred was traded on exchanges in the last 24 hours. One Decred coin can currently be bought for $12.38 or 0.00018837 BTC on major exchanges.

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

• Compound (COMP) traded 4.1% lower against the dollar and now trades at $48.32 or 0.00073526 BTC.
• Bitcoiva (BCA) traded 2.6% lower against the dollar and now trades at $5.00 or 0.00007602 BTC.
• dForce USD (USX) traded 0% lower against the dollar and now trades at $1.00 or 0.00001513 BTC.
• Bitcoin Diamond (BCD) traded down 0.5% against the dollar and now trades at $0.0675 or 0.00000103 BTC.
• WhiteCoin (XWC) traded down 0.6% against the dollar and now trades at $0.0146 or 0.00000022 BTC.
• Navcoin (NAV) traded 1.3% lower against the dollar and now trades at $0.0369 or 0.00000056 BTC.
• ReddCoin (RDD) traded up 5.1% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Memetic (MEME) traded 3.9% lower against the dollar and now trades at $0.0122 or 0.00000019 BTC.
• 42-coin (42) traded down 1.3% against the dollar and now trades at $25,743.19 or 0.39172668 BTC.
• Aion (AION) traded 2.3% lower against the dollar and now trades at $0.0017 or 0.00000003 BTC.

Decred Profile

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 16,348,089 coins. 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. The official message board for Decred is medium.com/decred.

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 trade Decred should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Gemini, Changelly or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Decred using one of the aforementioned exchanges.

DCR/USD price chart by TradingView