Decred Trading 12.8% Higher Over Last 7 Days (DCR)

Decred (DCR) traded down 3.4% against the US dollar during the 1 day period ending at 17:00 PM Eastern on April 24th. One Decred coin can currently be purchased for about $22.92 or 0.00035695 BTC on major cryptocurrency exchanges. Decred has a total market capitalization of $367.08 million and $3.96 million worth of Decred was traded on exchanges in the last day. Over the last week, Decred has traded 12.8% higher against the US dollar.

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

• 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 down 3.8% against the dollar and now trades at $0.0990 or 0.00000154 BTC.
• dForce USD (USX) traded down 0.5% 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 0.9% lower 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.

About Decred

Decred is a PoW/PoS coin that uses the BLAKE256 hashing algorithm. It launched on February 8th, 2016. Decred’s total supply is 16,012,784 coins. The official website for Decred is decred.org. Decred’s official message board 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.”

Buying and Selling Decred

It is usually not possible to purchase alternative cryptocurrencies such as Decred directly using US dollars. Investors seeking to acquire Decred should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Coinbase, Changelly or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Decred using one of the aforementioned exchanges.

DCR/USD price chart by TradingView