Decred Hits Market Capitalization of $320.73 Million (DCR)

Decred (DCR) traded 1.4% lower against the dollar during the 1 day period ending at 22:00 PM E.T. on April 17th. Decred has a total market cap of $320.73 million and $2.91 million worth of Decred was traded on exchanges in the last day. During the last week, Decred has traded 18.5% lower against the dollar. One Decred coin can currently be bought for $20.05 or 0.00032584 BTC on major exchanges.

Here is how related cryptocurrencies have performed during the last day:

• Compound (COMP) traded 0.8% lower against the dollar and now trades at $52.21 or 0.00084851 BTC.
• Bitcoiva (BCA) traded 1.5% lower against the dollar and now trades at $8.02 or 0.00013042 BTC.
• EverGrow Coin (EGC) traded 1.1% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Safe (SAFE) traded down 0% against the dollar and now trades at $1.99 or 0.00003234 BTC.
• dForce USD (USX) traded up 0.2% against the dollar and now trades at $0.96 or 0.00001559 BTC.
• Bitcoin Diamond (BCD) traded 0.8% higher against the dollar and now trades at $0.10 or 0.00000169 BTC.
• WhiteCoin (XWC) traded down 11.8% against the dollar and now trades at $0.0051 or 0.00000008 BTC.
• ReddCoin (RDD) traded up 12.4% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Navcoin (NAV) traded up 2.3% against the dollar and now trades at $0.0631 or 0.00000103 BTC.
• Aion (AION) traded down 22.9% against the dollar and now trades at $0.0014 or 0.00000002 BTC.

About 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 15,997,583 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. 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 currently possible to buy alternative cryptocurrencies such as Decred directly using US dollars. Investors seeking to acquire Decred should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Gemini, Coinbase or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Decred using one of the aforementioned exchanges.

DCR/USD price chart by TradingView