Decred (DCR) 24 Hour Volume Reaches $1.65 Million

Decred (DCR) traded up 2.9% against the U.S. dollar during the 1-day period ending at 0:00 AM E.T. on August 5th. Decred has a total market cap of $164.22 million and approximately $1.65 million worth of Decred was traded on exchanges in the last 24 hours. One Decred coin can currently be bought for about $10.11 or 0.00018167 BTC on popular exchanges. Over the last seven days, Decred has traded 18.7% lower against the U.S. dollar.

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

• Compound (COMP) traded 8.8% higher against the dollar and now trades at $39.56 or 0.00071066 BTC.
• Bitcoiva (BCA) traded down 4.3% against the dollar and now trades at $4.72 or 0.00008481 BTC.
• EverGrow Coin (EGC) traded up 4.5% 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 $1.00 or 0.00001822 BTC.
• Bitcoin Diamond (BCD) traded down 0.3% against the dollar and now trades at $0.0672 or 0.00000121 BTC.
• WhiteCoin (XWC) traded 5.7% lower against the dollar and now trades at $0.0055 or 0.00000010 BTC.
• Navcoin (NAV) traded down 3.2% against the dollar and now trades at $0.0401 or 0.00000072 BTC.
• Memetic (MEME) traded 8.8% lower against the dollar and now trades at $0.0093 or 0.00000017 BTC.
• ReddCoin (RDD) traded down 4.2% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Aion (AION) traded 0.6% higher against the dollar and now trades at $0.0018 or 0.00000003 BTC.

Decred Profile

Decred (CRYPTO:DCR) is a PoW/PoS coin that uses the BLAKE256 hashing algorithm. It launched on February 8th, 2016. Decred’s total supply is 16,236,354 coins. Decred’s official Twitter account is @decredproject and its Facebook page is accessible here. The official message board for Decred is medium.com/decred. Decred’s official website is decred.org. The Reddit community for Decred is https://reddit.com/r/decred and the currency’s Github account can be viewed 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 possible to purchase alternative cryptocurrencies such as Decred directly using U.S. dollars. Investors seeking to acquire Decred should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Coinbase, GDAX or Changelly. 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