Decred (DCR) Price Down 16.3% Over Last 7 Days

Decred (DCR) traded down 6.7% against the U.S. dollar during the twenty-four hour period ending at 20:00 PM Eastern on April 30th. Decred has a market capitalization of $311.89 million and approximately $2.15 million worth of Decred was traded on exchanges in the last day. In the last week, Decred has traded down 16.3% against the U.S. dollar. One Decred coin can now be bought for $19.46 or 0.00032002 BTC on cryptocurrency exchanges.

Here’s how other cryptocurrencies have performed in the last day:

• Compound (COMP) traded 4.4% lower against the dollar and now trades at $53.45 or 0.00087891 BTC.
• Bitcoiva (BCA) traded up 4.6% against the dollar and now trades at $8.51 or 0.00013990 BTC.
• Safe (SAFE) traded down 0.1% against the dollar and now trades at $2.60 or 0.00004272 BTC.
• EverGrow Coin (EGC) traded 4.3% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Bitcoin Diamond (BCD) traded down 4.9% against the dollar and now trades at $0.10 or 0.00000164 BTC.
• dForce USD (USX) traded down 0.2% against the dollar and now trades at $0.98 or 0.00001616 BTC.
• WhiteCoin (XWC) traded 1.1% lower against the dollar and now trades at $0.0047 or 0.00000008 BTC.
• ReddCoin (RDD) traded 6.2% higher against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Navcoin (NAV) traded 11.8% lower against the dollar and now trades at $0.0534 or 0.00000088 BTC.
• Aion (AION) traded 5.9% lower against the dollar and now trades at $0.0019 or 0.00000003 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 16,026,122 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 website is decred.org. Decred’s official message board is medium.com/decred. Decred’s official Twitter account is @decredproject and its Facebook page is accessible 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 Changelly, Gemini or GDAX. 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