Decred Market Cap Achieves $241.11 Million (DCR)

Decred (DCR) traded down 0% against the U.S. dollar during the 24 hour period ending at 21:00 PM ET on June 19th. One Decred coin can now be purchased for $14.94 or 0.00023020 BTC on cryptocurrency exchanges. Over the last week, Decred has traded 19.5% lower against the U.S. dollar. Decred has a market cap of $241.11 million and $1.51 million worth of Decred was traded on exchanges in the last 24 hours.

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

  • Compound (COMP) traded up 4.9% against the dollar and now trades at $50.04 or 0.00077094 BTC.
  • Bitcoiva (BCA) traded 3.7% higher against the dollar and now trades at $6.90 or 0.00010625 BTC.
  • EverGrow Coin (EGC) traded up 1.8% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
  • dForce USD (USX) traded 0.1% lower against the dollar and now trades at $0.99 or 0.00001518 BTC.
  • Bitcoin Diamond (BCD) traded down 2.8% against the dollar and now trades at $0.0588 or 0.00000091 BTC.
  • WhiteCoin (XWC) traded 3.7% higher against the dollar and now trades at $0.0042 or 0.00000006 BTC.
  • Navcoin (NAV) traded 0.3% higher against the dollar and now trades at $0.0453 or 0.00000070 BTC.
  • Aion (AION) traded 5.1% lower against the dollar and now trades at $0.0017 or 0.00000003 BTC.
  • ReddCoin (RDD) traded down 7.9% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
  • 42-coin (42) traded down 3.9% against the dollar and now trades at $39,076.53 or 0.60011530 BTC.

Decred Profile

DCR is a PoW/PoS coin that uses the BLAKE256 hashing algorithm. It was first traded on February 8th, 2016. Decred’s total supply is 16,135,515 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. The official message board for Decred 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 presently possible to purchase alternative cryptocurrencies such as Decred directly using U.S. dollars. Investors seeking to trade Decred should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Coinbase, Changelly or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Decred using one of the exchanges listed above.

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