Decred (DCR) Price Tops $18.06 on Exchanges

Decred (DCR) traded up 2.6% against the U.S. dollar during the 1-day period ending at 19:00 PM Eastern on June 15th. Decred has a market cap of $291.29 million and $2.24 million worth of Decred was traded on exchanges in the last 24 hours. One Decred coin can now be purchased for approximately $18.06 or 0.00027266 BTC on exchanges. Over the last week, Decred has traded down 4.5% against the U.S. dollar.

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

• Compound (COMP) traded 3.7% higher against the dollar and now trades at $53.74 or 0.00081125 BTC.
• Bitcoiva (BCA) traded up 0.5% against the dollar and now trades at $7.13 or 0.00010766 BTC.
• EverGrow Coin (EGC) traded 0.9% higher against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• dForce USD (USX) traded up 0.5% against the dollar and now trades at $0.99 or 0.00001501 BTC.
• Bitcoin Diamond (BCD) traded 4.1% lower against the dollar and now trades at $0.0671 or 0.00000101 BTC.
• WhiteCoin (XWC) traded up 5.7% against the dollar and now trades at $0.0040 or 0.00000006 BTC.
• Navcoin (NAV) traded down 0% against the dollar and now trades at $0.0468 or 0.00000071 BTC.
• ReddCoin (RDD) traded down 84.7% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Aion (AION) traded 0% lower 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 16,127,124 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. The official website for Decred 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 currently possible to buy alternative cryptocurrencies such as Decred directly using U.S. dollars. Investors seeking to trade Decred should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Gemini, Changelly or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Decred using one of the aforementioned exchanges.

DCR/USD price chart by TradingView