Decred (DCR) One Day Trading Volume Tops $1.11 Million

Decred (DCR) traded 3.4% lower against the U.S. dollar during the 24-hour period ending at 19:00 PM ET on June 29th. During the last seven days, Decred has traded 3.1% lower against the U.S. dollar. One Decred coin can now be bought for approximately $14.95 or 0.00024537 BTC on exchanges. Decred has a total market cap of $241.54 million and $1.11 million worth of Decred was traded on exchanges in the last 24 hours.

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

• Compound (COMP) traded down 3% against the dollar and now trades at $48.10 or 0.00078952 BTC.
• Bitcoiva (BCA) traded 2.1% lower against the dollar and now trades at $6.62 or 0.00010866 BTC.
• EverGrow Coin (EGC) traded 0% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• dForce USD (USX) traded 0.1% higher against the dollar and now trades at $0.99 or 0.00001629 BTC.
• Bitcoin Diamond (BCD) traded up 1% against the dollar and now trades at $0.0608 or 0.00000100 BTC.
• ReddCoin (RDD) traded 42.7% lower against the dollar and now trades at $0.0003 or 0.00000000 BTC.
• WhiteCoin (XWC) traded 0% higher against the dollar and now trades at $0.0040 or 0.00000007 BTC.
• Navcoin (NAV) traded 0.1% higher against the dollar and now trades at $0.0465 or 0.00000076 BTC.
• Aion (AION) traded 1.1% lower against the dollar and now trades at $0.0017 or 0.00000003 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 16,156,974 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 Twitter account is @decredproject and its Facebook page is accessible 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.”

Decred Coin Trading

It is usually not presently possible to purchase alternative cryptocurrencies such as Decred directly using U.S. dollars. Investors seeking to trade Decred should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Gemini, Coinbase or Changelly. 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