Decred (DCR) Trading 12.8% Higher This Week

Decred (DCR) traded 3.4% lower against the U.S. dollar during the one day period ending at 17:00 PM ET on April 24th. Over the last seven days, Decred has traded 12.8% higher against the U.S. dollar. Decred has a total market cap of $367.08 million and $3.96 million worth of Decred was traded on exchanges in the last 24 hours. One Decred coin can now be purchased for approximately $22.92 or 0.00035695 BTC on major exchanges.

Here’s how other cryptocurrencies have performed over the last 24 hours:

• Compound (COMP) traded 4.5% lower against the dollar and now trades at $56.91 or 0.00088609 BTC.
• Bitcoiva (BCA) traded 2.8% lower against the dollar and now trades at $8.50 or 0.00013231 BTC.
• EverGrow Coin (EGC) traded down 0.6% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Safe (SAFE) traded up 7.4% against the dollar and now trades at $2.14 or 0.00003329 BTC.
• Bitcoin Diamond (BCD) traded 3.8% lower against the dollar and now trades at $0.0990 or 0.00000154 BTC.
• dForce USD (USX) traded 0.5% lower against the dollar and now trades at $0.98 or 0.00001525 BTC.
• ReddCoin (RDD) traded up 10.9% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• WhiteCoin (XWC) traded 2% higher against the dollar and now trades at $0.0049 or 0.00000008 BTC.
• Navcoin (NAV) traded down 0.9% against the dollar and now trades at $0.0687 or 0.00000107 BTC.
• Aion (AION) traded up 5.2% against the dollar and now trades at $0.0018 or 0.00000003 BTC.

Decred Profile

Decred (CRYPTO:DCR) is a PoW/PoS coin that uses the BLAKE256 hashing algorithm. Its genesis date was February 8th, 2016. Decred’s total supply is 16,012,784 coins. The official website for Decred is decred.org. The official message board for Decred 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.

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 buy alternative cryptocurrencies such as Decred directly using US dollars. Investors seeking to trade Decred should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Gemini, Changelly or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Decred using one of the exchanges listed above.

DCR/USD price chart by TradingView