Decred (DCR) 24 Hour Volume Reaches $1.65 Million

Decred (DCR) traded up 2.9% against the dollar during the 24 hour period ending at 0:00 AM E.T. on August 5th. During the last seven days, Decred has traded 18.7% lower against the dollar. Decred has a total market capitalization of $164.22 million and $1.65 million worth of Decred was traded on exchanges in the last day. One Decred coin can currently be purchased for approximately $10.11 or 0.00018167 BTC on major exchanges.

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

• Compound (COMP) traded 8.8% higher against the dollar and now trades at $39.56 or 0.00071066 BTC.
• Bitcoiva (BCA) traded down 4.3% against the dollar and now trades at $4.72 or 0.00008481 BTC.
• EverGrow Coin (EGC) traded 4.5% higher against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• dForce USD (USX) traded down 0.1% against the dollar and now trades at $1.00 or 0.00001822 BTC.
• Bitcoin Diamond (BCD) traded 0.3% lower against the dollar and now trades at $0.0672 or 0.00000121 BTC.
• WhiteCoin (XWC) traded down 5.7% against the dollar and now trades at $0.0055 or 0.00000010 BTC.
• Navcoin (NAV) traded down 3.2% against the dollar and now trades at $0.0401 or 0.00000072 BTC.
• Memetic (MEME) traded down 8.8% against the dollar and now trades at $0.0093 or 0.00000017 BTC.
• ReddCoin (RDD) traded 4.2% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Aion (AION) traded up 0.6% against the dollar and now trades at $0.0018 or 0.00000003 BTC.

About Decred

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 16,236,354 coins. Decred’s official website is decred.org. Decred’s official Twitter account is @decredproject and its Facebook page is accessible here. The official message board for Decred is medium.com/decred. The Reddit community for Decred is https://reddit.com/r/decred and the currency’s Github account can be viewed here.

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 buy alternative cryptocurrencies such as Decred directly using U.S. dollars. Investors seeking to trade Decred should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Changelly, Gemini or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Decred using one of the exchanges listed above.

DCR/USD price chart by TradingView