Decred (DCR) Price Up 8.6% Over Last Week

Decred (DCR) traded 1.9% higher against the US dollar during the one day period ending at 0:00 AM Eastern on September 11th. One Decred coin can now be purchased for $12.15 or 0.00020828 BTC on popular cryptocurrency exchanges. Decred has a total market capitalization of $198.21 million and approximately $1.39 million worth of Decred was traded on exchanges in the last 24 hours. During the last week, Decred has traded up 8.6% against the US dollar.

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

• Compound (COMP) traded 0.6% higher against the dollar and now trades at $42.27 or 0.00072465 BTC.
• Bitcoiva (BCA) traded 2.1% higher against the dollar and now trades at $4.18 or 0.00007160 BTC.
• dForce USD (USX) traded up 0.1% against the dollar and now trades at $1.00 or 0.00001723 BTC.
• Bitcoin Diamond (BCD) traded 0.7% higher against the dollar and now trades at $0.0677 or 0.00000116 BTC.
• WhiteCoin (XWC) traded up 14.1% against the dollar and now trades at $0.0118 or 0.00000020 BTC.
• Navcoin (NAV) traded up 0.6% against the dollar and now trades at $0.0376 or 0.00000064 BTC.
• Memetic (MEME) traded 3.1% lower against the dollar and now trades at $0.0094 or 0.00000016 BTC.
• ReddCoin (RDD) traded up 2.4% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• 42-coin (42) traded 3.3% higher against the dollar and now trades at $23,305.43 or 0.39951291 BTC.
• Aion (AION) traded up 7.2% against the dollar and now trades at $0.0018 or 0.00000003 BTC.

Decred Profile

Decred (DCR) is a PoW/PoS coin that uses the BLAKE256 hashing algorithm. Its genesis date was February 8th, 2016. Decred’s total supply is 16,313,390 coins. 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. Decred’s official Twitter account is @decredproject and its Facebook page is accessible here. Decred’s official website is decred.org.

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

DCR/USD price chart by TradingView