Decred (DCR) Trading Down 3.7% Over Last Week

Decred (DCR) traded 2% lower against the dollar during the 24 hour period ending at 7:00 AM Eastern on September 17th. During the last seven days, Decred has traded down 3.7% against the dollar. One Decred coin can now be purchased for about $11.50 or 0.00019453 BTC on major cryptocurrency exchanges. Decred has a market capitalization of $187.76 million and $857,268.29 worth of Decred was traded on exchanges in the last 24 hours.

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

• Compound (COMP) traded 0.4% lower against the dollar and now trades at $42.86 or 0.00072495 BTC.
• Bitcoiva (BCA) traded up 1.5% against the dollar and now trades at $4.06 or 0.00006865 BTC.
• dForce USD (USX) traded 0% lower against the dollar and now trades at $1.00 or 0.00001701 BTC.
• Bitcoin Diamond (BCD) traded up 3% against the dollar and now trades at $0.0649 or 0.00000110 BTC.
• WhiteCoin (XWC) traded down 35.1% against the dollar and now trades at $0.0085 or 0.00000014 BTC.
• Navcoin (NAV) traded down 5.4% against the dollar and now trades at $0.0373 or 0.00000063 BTC.
• Memetic (MEME) traded 1.1% lower against the dollar and now trades at $0.0093 or 0.00000016 BTC.
• ReddCoin (RDD) traded up 5.9% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• 42-coin (42) traded 2.3% lower against the dollar and now trades at $23,387.73 or 0.39554601 BTC.
• Aion (AION) traded 0.6% lower against the dollar and now trades at $0.0016 or 0.00000003 BTC.

Decred Profile

DCR is a PoW/PoS coin that uses the BLAKE256 hashing algorithm. Its genesis date was February 8th, 2016. Decred’s total supply is 16,324,192 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. The Reddit community for Decred is https://reddit.com/r/decred and the currency’s Github account can be viewed here. Decred’s official website 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 buy alternative cryptocurrencies such as Decred directly using US dollars. Investors seeking to acquire Decred should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Changelly, Gemini or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Decred using one of the exchanges listed above.

DCR/USD price chart by TradingView