Decred Price Tops $12.51 on Top Exchanges (DCR)

Decred (DCR) traded 0.6% higher against the dollar during the 24-hour period ending at 0:00 AM Eastern on September 29th. One Decred coin can now be bought for about $12.51 or 0.00019401 BTC on cryptocurrency exchanges. Over the last week, Decred has traded 0.9% higher against the dollar. Decred has a market capitalization of $204.59 million and approximately $3.98 million worth of Decred was traded on exchanges in the last day.

Here’s how related cryptocurrencies have performed over the last day:

• Compound (COMP) traded 2.8% lower against the dollar and now trades at $47.19 or 0.00073169 BTC.
• Bitcoiva (BCA) traded 0.5% higher against the dollar and now trades at $5.02 or 0.00007786 BTC.
• dForce USD (USX) traded 0% higher against the dollar and now trades at $1.00 or 0.00001547 BTC.
• WhiteCoin (XWC) traded 20% higher against the dollar and now trades at $0.0177 or 0.00000027 BTC.
• Bitcoin Diamond (BCD) traded up 0.8% against the dollar and now trades at $0.0678 or 0.00000105 BTC.
• Navcoin (NAV) traded down 0.9% against the dollar and now trades at $0.0366 or 0.00000057 BTC.
• ReddCoin (RDD) traded down 3.2% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Memetic (MEME) traded 1.6% higher against the dollar and now trades at $0.0125 or 0.00000019 BTC.
• 42-coin (42) traded 0.2% higher against the dollar and now trades at $25,799.52 or 0.40001994 BTC.
• Aion (AION) traded 0.6% lower against the dollar and now trades at $0.0017 or 0.00000003 BTC.

About Decred

Decred is a PoW/PoS coin that uses the BLAKE256 hashing algorithm. It launched on February 8th, 2016. Decred’s total supply is 16,350,057 coins. Decred’s official website is decred.org. 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. Decred’s official message board 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 possible to purchase alternative cryptocurrencies such as Decred directly using U.S. dollars. Investors seeking to acquire Decred should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Gemini, Changelly or Coinbase. 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