Decred Trading Down 12.8% This Week (DCR)

Decred (DCR) traded 1% higher against the dollar during the 24-hour period ending at 17:00 PM E.T. on April 18th. Over the last seven days, Decred has traded down 12.8% against the dollar. Decred has a total market capitalization of $327.96 million and approximately $2.31 million worth of Decred was traded on exchanges in the last 24 hours. One Decred coin can currently be bought for about $20.50 or 0.00032279 BTC on popular exchanges.

Here is how similar cryptocurrencies have performed over the last 24 hours:

• Compound (COMP) traded up 2.7% against the dollar and now trades at $54.12 or 0.00085226 BTC.
• Bitcoiva (BCA) traded 2% higher against the dollar and now trades at $8.27 or 0.00013021 BTC.
• EverGrow Coin (EGC) traded up 1.3% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Safe (SAFE) traded 0% higher against the dollar and now trades at $1.99 or 0.00003135 BTC.
• dForce USD (USX) traded down 0.4% against the dollar and now trades at $0.96 or 0.00001506 BTC.
• Bitcoin Diamond (BCD) traded 6% higher against the dollar and now trades at $0.11 or 0.00000173 BTC.
• ReddCoin (RDD) traded 5.1% lower against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• WhiteCoin (XWC) traded down 11.3% against the dollar and now trades at $0.0045 or 0.00000007 BTC.
• Navcoin (NAV) traded down 2% against the dollar and now trades at $0.0619 or 0.00000097 BTC.
• Aion (AION) traded 5.6% higher against the dollar and now trades at $0.0015 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 15,999,309 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. 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 possible to purchase alternative cryptocurrencies such as Decred directly using U.S. dollars. Investors seeking to acquire Decred should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as GDAX, Coinbase or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Decred using one of the aforementioned exchanges.

DCR/USD price chart by TradingView