Decred One Day Volume Reaches $2.93 Million (DCR)

Decred (DCR) traded 0.7% higher against the US dollar during the one day period ending at 16:00 PM E.T. on April 17th. Over the last seven days, Decred has traded down 17.4% against the US dollar. One Decred coin can now be purchased for $20.25 or 0.00033049 BTC on exchanges. Decred has a market capitalization of $323.89 million and approximately $2.93 million worth of Decred was traded on exchanges in the last day.

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

• Compound (COMP) traded 0.3% higher against the dollar and now trades at $52.50 or 0.00085690 BTC.
• Bitcoiva (BCA) traded up 2.4% against the dollar and now trades at $8.15 or 0.00013299 BTC.
• EverGrow Coin (EGC) traded 1.2% lower 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 $1.99 or 0.00003248 BTC.
• dForce USD (USX) traded up 0% against the dollar and now trades at $0.96 or 0.00001564 BTC.
• Bitcoin Diamond (BCD) traded down 0% against the dollar and now trades at $0.0999 or 0.00000163 BTC.
• WhiteCoin (XWC) traded 0% lower against the dollar and now trades at $0.0057 or 0.00000009 BTC.
• ReddCoin (RDD) traded 14.6% higher against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Navcoin (NAV) traded down 1.7% against the dollar and now trades at $0.0627 or 0.00000102 BTC.
• Aion (AION) traded 22.9% lower against the dollar and now trades at $0.0015 or 0.00000002 BTC.

Decred Profile

Decred is a PoW/PoS coin that uses the BLAKE256 hashing algorithm. Its genesis date was February 8th, 2016. Decred’s total supply is 15,997,090 coins. The official website for Decred is decred.org. The Reddit community for Decred is https://reddit.com/r/decred and the currency’s Github account can be viewed here. The official message board for Decred 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 currently possible to purchase alternative cryptocurrencies such as Decred directly using US dollars. Investors seeking to acquire Decred should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Coinbase, GDAX or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Decred using one of the aforementioned exchanges.

DCR/USD price chart by TradingView