Decred Price Hits $12.41 on Exchanges (DCR)

Decred (DCR) traded down 1% against the dollar during the one day period ending at 8:00 AM Eastern on July 28th. One Decred coin can now be purchased for about $12.41 or 0.00018267 BTC on major exchanges. Decred has a total market cap of $201.33 million and $1.25 million worth of Decred was traded on exchanges in the last 24 hours. During the last seven days, Decred has traded 4.7% lower against the dollar.

Here is how other cryptocurrencies have performed during the last 24 hours:

• Compound (COMP) traded 3.5% lower against the dollar and now trades at $50.84 or 0.00074807 BTC.
• Bitcoiva (BCA) traded up 1.2% against the dollar and now trades at $6.34 or 0.00009336 BTC.
• EverGrow Coin (EGC) traded 0.3% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• dForce USD (USX) traded 0.1% higher against the dollar and now trades at $1.00 or 0.00001472 BTC.
• Bitcoin Diamond (BCD) traded up 1.2% against the dollar and now trades at $0.0655 or 0.00000096 BTC.
• WhiteCoin (XWC) traded 4.4% lower against the dollar and now trades at $0.0039 or 0.00000006 BTC.
• Navcoin (NAV) traded 0.9% lower against the dollar and now trades at $0.0467 or 0.00000069 BTC.
• ReddCoin (RDD) traded 0.7% lower against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Memetic (MEME) traded down 5% against the dollar and now trades at $0.0152 or 0.00000022 BTC.
• 42-coin (42) traded 1.5% higher against the dollar and now trades at $30,225.87 or 0.44478006 BTC.

About Decred

DCR is a PoW/PoS coin that uses the BLAKE256 hashing algorithm. Its genesis date was February 8th, 2016. Decred’s total supply is 16,218,333 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 Twitter account is @decredproject and its Facebook page is accessible here. The official message board for Decred is medium.com/decred. The official website for Decred is decred.org.

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 Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Gemini, Coinbase or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Decred using one of the exchanges listed above.

DCR/USD price chart by TradingView