Decred (DCR) Trading Down 3.4% Over Last 7 Days

Decred (DCR) traded 2.1% lower against the U.S. dollar during the 1 day period ending at 11:00 AM E.T. on November 1st. In the last week, Decred has traded 3.4% lower against the U.S. dollar. Decred has a total market cap of $199.51 million and $977,458.27 worth of Decred was traded on exchanges in the last 24 hours. One Decred coin can now be purchased for $12.15 or 0.00017223 BTC on major exchanges.

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

• Compound (COMP) traded 1.8% lower against the dollar and now trades at $42.61 or 0.00060385 BTC.
• Bitcoiva (BCA) traded down 5.5% against the dollar and now trades at $4.23 or 0.00005994 BTC.
• dForce USD (USX) traded 0.1% higher against the dollar and now trades at $1.00 or 0.00001411 BTC.
• Bitcoin Diamond (BCD) traded 1.1% lower against the dollar and now trades at $0.0582 or 0.00000082 BTC.
• WhiteCoin (XWC) traded 3.2% higher against the dollar and now trades at $0.0124 or 0.00000018 BTC.
• Navcoin (NAV) traded 2.2% lower against the dollar and now trades at $0.0302 or 0.00000043 BTC.
• ReddCoin (RDD) traded 88.3% lower against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Memetic (MEME) traded down 0.8% against the dollar and now trades at $0.0125 or 0.00000018 BTC.
• 42-coin (42) traded down 0.4% against the dollar and now trades at $26,778.63 or 0.37950826 BTC.
• Aion (AION) traded 12.2% higher against the dollar and now trades at $0.0015 or 0.00000002 BTC.

Decred Profile

Decred is a PoW/PoS coin that uses the BLAKE256 hashing algorithm. It was first traded on February 8th, 2016. Decred’s total supply is 16,417,061 coins. Decred’s official website is decred.org. 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.

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.”

Buying and Selling Decred

It is usually not presently 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, Changelly or Coinbase. 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