Decred (DCR) Price Up 8.6% Over Last Week

Decred (DCR) traded up 1.9% against the US dollar during the 1 day period ending at 0:00 AM ET on September 11th. One Decred coin can now be bought for approximately $12.15 or 0.00020828 BTC on popular exchanges. In the last seven days, Decred has traded up 8.6% against the US dollar. Decred has a total market cap of $198.21 million and $1.39 million worth of Decred was traded on exchanges in the last day.

Here is how other cryptocurrencies have performed in the last day:

• Compound (COMP) traded 0.6% higher against the dollar and now trades at $42.27 or 0.00072465 BTC.
• Bitcoiva (BCA) traded 2.1% higher against the dollar and now trades at $4.18 or 0.00007160 BTC.
• dForce USD (USX) traded 0.1% higher against the dollar and now trades at $1.00 or 0.00001723 BTC.
• Bitcoin Diamond (BCD) traded 0.7% higher against the dollar and now trades at $0.0677 or 0.00000116 BTC.
• WhiteCoin (XWC) traded up 14.1% against the dollar and now trades at $0.0118 or 0.00000020 BTC.
• Navcoin (NAV) traded up 0.6% against the dollar and now trades at $0.0376 or 0.00000064 BTC.
• Memetic (MEME) traded 3.1% lower against the dollar and now trades at $0.0094 or 0.00000016 BTC.
• ReddCoin (RDD) traded up 2.4% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• 42-coin (42) traded 3.3% higher against the dollar and now trades at $23,305.43 or 0.39951291 BTC.
• Aion (AION) traded up 7.2% against the dollar and now trades at $0.0018 or 0.00000003 BTC.

Decred Profile

Decred (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 16,313,390 coins. The official website for Decred is decred.org. 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. Decred’s official message board 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 GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Decred using one of the exchanges listed above.

DCR/USD price chart by TradingView