Decred Tops 24-Hour Trading Volume of $1.76 Million (DCR)

Decred (DCR) traded 2.1% higher against the U.S. dollar during the twenty-four hour period ending at 12:00 PM ET on May 25th. During the last seven days, Decred has traded 1.5% lower against the U.S. dollar. Decred has a market capitalization of $330.49 million and approximately $1.76 million worth of Decred was traded on exchanges in the last 24 hours. One Decred coin can currently be bought for $20.55 or 0.00029767 BTC on popular exchanges.

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

• Compound (COMP) traded up 5.9% against the dollar and now trades at $63.88 or 0.00092523 BTC.
• Bitcoiva (BCA) traded 0.1% higher against the dollar and now trades at $8.49 or 0.00012294 BTC.
• EverGrow Coin (EGC) traded 0.7% higher against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• dForce USD (USX) traded up 0.4% against the dollar and now trades at $0.98 or 0.00001424 BTC.
• Bitcoin Diamond (BCD) traded down 1.9% against the dollar and now trades at $0.0749 or 0.00000108 BTC.
• ReddCoin (RDD) traded down 9% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• WhiteCoin (XWC) traded down 2.5% against the dollar and now trades at $0.0043 or 0.00000006 BTC.
• Navcoin (NAV) traded 0.9% higher against the dollar and now trades at $0.0474 or 0.00000069 BTC.
• Aion (AION) traded up 22.8% against the dollar and now trades at $0.0020 or 0.00000003 BTC.
• 42-coin (42) traded flat against the dollar and now trades at $47,298.28 or 0.70084150 BTC.

Decred Profile

Decred (CRYPTO:DCR) is a PoW/PoS coin that uses the BLAKE256 hashing algorithm. It was first traded on February 8th, 2016. Decred’s total supply is 16,080,171 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. The official website for Decred is decred.org. The official message board for Decred 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.”

Decred Coin Trading

It is usually not currently possible to buy alternative cryptocurrencies such as Decred directly using U.S. dollars. Investors seeking to acquire Decred should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Gemini, GDAX or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Decred using one of the exchanges listed above.

DCR/USD price chart by TradingView