Decred Price Tops $21.13 on Exchanges (DCR)

Decred (DCR) traded 7.4% lower against the U.S. dollar during the 1 day period ending at 16:00 PM ET on April 26th. One Decred coin can currently be bought for approximately $21.13 or 0.00033077 BTC on cryptocurrency exchanges. In the last seven days, Decred has traded down 1.5% against the U.S. dollar. Decred has a market capitalization of $338.41 million and $3.66 million worth of Decred was traded on exchanges in the last 24 hours.

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

• Compound (COMP) traded up 0.1% against the dollar and now trades at $56.46 or 0.00088387 BTC.
• Bitcoiva (BCA) traded down 2.8% against the dollar and now trades at $8.19 or 0.00012815 BTC.
• Safe (SAFE) traded up 14.5% against the dollar and now trades at $2.45 or 0.00003834 BTC.
• EverGrow Coin (EGC) traded 2.5% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Bitcoin Diamond (BCD) traded up 3.4% against the dollar and now trades at $0.10 or 0.00000160 BTC.
• dForce USD (USX) traded down 0.7% against the dollar and now trades at $0.98 or 0.00001536 BTC.
• ReddCoin (RDD) traded 13.8% higher against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• WhiteCoin (XWC) traded down 6.5% against the dollar and now trades at $0.0043 or 0.00000007 BTC.
• Navcoin (NAV) traded down 3.9% against the dollar and now trades at $0.0647 or 0.00000101 BTC.
• Aion (AION) traded 3.9% lower against the dollar and now trades at $0.0017 or 0.00000003 BTC.

Decred Coin Profile

Decred is a PoW/PoS coin that uses the BLAKE256 hashing algorithm. It launched on February 8th, 2016. Decred’s total supply is 16,017,444 coins. 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. The official website for Decred is decred.org. 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 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, GDAX 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