Decred Trading 10.8% Higher This Week (DCR)

Decred (DCR) traded down 4.3% against the US dollar during the 24-hour period ending at 23:00 PM E.T. on April 24th. One Decred coin can currently be bought for about $22.62 or 0.00035159 BTC on popular exchanges. Over the last week, Decred has traded up 10.8% against the US dollar. Decred has a total market cap of $362.26 million and $3.98 million worth of Decred was traded on exchanges in the last day.

Here is how other cryptocurrencies have performed over the last day:

• Compound (COMP) traded 5.5% lower against the dollar and now trades at $56.54 or 0.00087868 BTC.
• Bitcoiva (BCA) traded 1.1% lower against the dollar and now trades at $8.63 or 0.00013407 BTC.
• EverGrow Coin (EGC) traded 0.2% higher against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Safe (SAFE) traded 0% lower against the dollar and now trades at $2.14 or 0.00003326 BTC.
• Bitcoin Diamond (BCD) traded 4.1% lower against the dollar and now trades at $0.0993 or 0.00000154 BTC.
• dForce USD (USX) traded down 0.5% against the dollar and now trades at $0.98 or 0.00001524 BTC.
• ReddCoin (RDD) traded up 8.3% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• WhiteCoin (XWC) traded 2.2% lower against the dollar and now trades at $0.0048 or 0.00000007 BTC.
• Navcoin (NAV) traded down 1.7% against the dollar and now trades at $0.0687 or 0.00000107 BTC.
• Aion (AION) traded up 13.1% against the dollar and now trades at $0.0020 or 0.00000003 BTC.

Decred Coin Profile

Decred (CRYPTO:DCR) is a PoW/PoS coin that uses the BLAKE256 hashing algorithm. Its launch date was February 8th, 2016. Decred’s total supply is 16,013,424 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 message board 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.”

Buying and Selling Decred

It is usually not 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 Changelly, Gemini or GDAX. 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