Decred (DCR) Price Tops $23.58 on Exchanges

Decred (DCR) traded up 2.4% against the US dollar during the 1-day period ending at 20:00 PM ET on April 23rd. During the last seven days, Decred has traded up 15.8% against the US dollar. One Decred coin can currently be bought for about $23.58 or 0.00035416 BTC on exchanges. Decred has a total market capitalization of $377.55 million and $3.91 million worth of Decred was traded on exchanges in the last day.

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

• Compound (COMP) traded 0.6% lower against the dollar and now trades at $59.52 or 0.00089391 BTC.
• Bitcoiva (BCA) traded 2.6% lower against the dollar and now trades at $8.71 or 0.00013085 BTC.
• EverGrow Coin (EGC) traded 0.9% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Safe (SAFE) traded up 7.5% against the dollar and now trades at $2.14 or 0.00003214 BTC.
• dForce USD (USX) traded 0.2% lower against the dollar and now trades at $0.98 or 0.00001483 BTC.
• Bitcoin Diamond (BCD) traded 3% lower against the dollar and now trades at $0.10 or 0.00000155 BTC.
• WhiteCoin (XWC) traded 0.1% lower against the dollar and now trades at $0.0049 or 0.00000007 BTC.
• ReddCoin (RDD) traded 0% higher against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Navcoin (NAV) traded up 0.4% against the dollar and now trades at $0.0695 or 0.00000104 BTC.
• Aion (AION) traded 6.6% lower against the dollar and now trades at $0.0017 or 0.00000003 BTC.

About Decred

Decred (DCR) is a PoW/PoS coin that uses the BLAKE256 hashing algorithm. Its genesis date was February 8th, 2016. Decred’s total supply is 16,010,650 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 message board is medium.com/decred. Decred’s official website is decred.org. 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 presently 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, Coinbase 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