Decred Trading Down 16.4% Over Last 7 Days (DCR)

Decred (DCR) traded 1.7% lower against the U.S. dollar during the 1 day period ending at 0:00 AM E.T. on April 18th. Over the last week, Decred has traded down 16.4% against the U.S. dollar. One Decred coin can currently be purchased for $20.03 or 0.00032084 BTC on major exchanges. Decred has a market cap of $320.56 million and approximately $2.21 million worth of Decred was traded on exchanges in the last 24 hours.

Here is how related cryptocurrencies have performed over the last 24 hours:

• Compound (COMP) traded 0.1% higher against the dollar and now trades at $53.08 or 0.00085005 BTC.
• Bitcoiva (BCA) traded 0.4% higher against the dollar and now trades at $8.09 or 0.00012958 BTC.
• EverGrow Coin (EGC) traded 1.9% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Safe (SAFE) traded 0% higher against the dollar and now trades at $1.99 or 0.00003188 BTC.
• dForce USD (USX) traded down 0.7% against the dollar and now trades at $0.96 or 0.00001531 BTC.
• Bitcoin Diamond (BCD) traded 0.4% lower against the dollar and now trades at $0.10 or 0.00000164 BTC.
• WhiteCoin (XWC) traded down 6.8% against the dollar and now trades at $0.0047 or 0.00000008 BTC.
• ReddCoin (RDD) traded 9.8% lower against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Navcoin (NAV) traded 1.6% lower against the dollar and now trades at $0.0624 or 0.00000100 BTC.
• Aion (AION) traded 23.5% higher against the dollar and now trades at $0.0018 or 0.00000003 BTC.

Decred Coin Profile

DCR is a PoW/PoS coin that uses the BLAKE256 hashing algorithm. Its genesis date was February 8th, 2016. Decred’s total supply is 16,000,167 coins. Decred’s official website is decred.org. 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 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 GDAX, Gemini or Changelly. 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