Decred Hits 24 Hour Volume of $1.28 Million (DCR)

Decred (DCR) traded 5.2% lower against the US dollar during the 24-hour period ending at 13:00 PM Eastern on July 25th. Decred has a market capitalization of $188.82 million and approximately $1.28 million worth of Decred was traded on exchanges in the last day. One Decred coin can now be purchased for about $11.65 or 0.00017944 BTC on cryptocurrency exchanges. During the last week, Decred has traded 10.4% lower against the US dollar.

Here is how similar cryptocurrencies have performed during the last day:

• Compound (COMP) traded 2.3% lower against the dollar and now trades at $48.35 or 0.00074499 BTC.
• Bitcoiva (BCA) traded down 6.1% against the dollar and now trades at $5.88 or 0.00009058 BTC.
• EverGrow Coin (EGC) traded 3.5% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• dForce USD (USX) traded up 0.1% against the dollar and now trades at $1.00 or 0.00001539 BTC.
• Bitcoin Diamond (BCD) traded 7.6% lower against the dollar and now trades at $0.0592 or 0.00000091 BTC.
• WhiteCoin (XWC) traded 6.5% lower against the dollar and now trades at $0.0042 or 0.00000006 BTC.
• Navcoin (NAV) traded up 0.2% against the dollar and now trades at $0.0483 or 0.00000074 BTC.
• Aion (AION) traded 2.7% lower against the dollar and now trades at $0.0019 or 0.00000003 BTC.
• ReddCoin (RDD) traded 26.3% lower against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Memetic (MEME) traded down 5.7% against the dollar and now trades at $0.0149 or 0.00000023 BTC.

Decred Profile

Decred (DCR) is a PoW/PoS coin that uses the BLAKE256 hashing algorithm. It launched on February 8th, 2016. Decred’s total supply is 16,212,413 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.”

Decred Coin Trading

It is usually not possible to purchase alternative cryptocurrencies such as Decred directly using US dollars. Investors seeking to acquire Decred should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Gemini, GDAX or Coinbase. 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