Decred Price Down 1.9% Over Last Week (DCR)

Decred (DCR) traded 1.7% lower against the US dollar during the 24-hour period ending at 14:00 PM ET on October 19th. One Decred coin can now be purchased for about $12.47 or 0.00018320 BTC on major cryptocurrency exchanges. During the last seven days, Decred has traded down 1.9% against the US dollar. Decred has a total market capitalization of $204.45 million and approximately $745,826.43 worth of Decred was traded on exchanges in the last 24 hours.

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

• Compound (COMP) traded 0% higher against the dollar and now trades at $45.16 or 0.00066325 BTC.
• Bitcoiva (BCA) traded up 1.2% against the dollar and now trades at $4.42 or 0.00006488 BTC.
• dForce USD (USX) traded up 0% against the dollar and now trades at $1.00 or 0.00001462 BTC.
• Bitcoin Diamond (BCD) traded 0.6% lower against the dollar and now trades at $0.0628 or 0.00000092 BTC.
• WhiteCoin (XWC) traded 1.8% higher against the dollar and now trades at $0.0142 or 0.00000021 BTC.
• Navcoin (NAV) traded up 0.7% against the dollar and now trades at $0.0313 or 0.00000046 BTC.
• Memetic (MEME) traded 3% lower against the dollar and now trades at $0.0130 or 0.00000019 BTC.
• ReddCoin (RDD) traded 29.3% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• 42-coin (42) traded 1% lower against the dollar and now trades at $25,875.33 or 0.38002831 BTC.
• Aion (AION) traded up 2.3% against the dollar and now trades at $0.0014 or 0.00000002 BTC.

Decred Coin Profile

Decred (DCR) is a PoW/PoS coin that uses the BLAKE256 hashing algorithm. Its launch date was February 8th, 2016. Decred’s total supply is 16,390,477 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. Decred’s official message board 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 currently possible to buy alternative cryptocurrencies such as Decred directly using US dollars. Investors seeking to trade Decred should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Gemini, Coinbase or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Decred using one of the aforementioned exchanges.

DCR/USD price chart by TradingView