Decred (DCR) Price Up 7.7% Over Last Week

Decred (DCR) traded down 1.6% against the US dollar during the 24-hour period ending at 11:00 AM Eastern on November 22nd. In the last seven days, Decred has traded up 7.7% against the US dollar. One Decred coin can currently be purchased for approximately $13.66 or 0.00013857 BTC on popular cryptocurrency exchanges. Decred has a market cap of $224.85 million and approximately $1.46 million worth of Decred was traded on exchanges in the last 24 hours.

Here’s how other cryptocurrencies have performed in the last 24 hours:

• Compound (COMP) traded down 0.8% against the dollar and now trades at $54.05 or 0.00054831 BTC.
• Bitcoiva (BCA) traded up 10.3% against the dollar and now trades at $6.87 or 0.00006969 BTC.
• Zano (ZANO) traded 1.6% higher against the dollar and now trades at $6.84 or 0.00006947 BTC.
• WhiteCoin (XWC) traded 10.4% higher against the dollar and now trades at $0.0425 or 0.00000043 BTC.
• Bitcoin Diamond (BCD) traded down 3.3% against the dollar and now trades at $0.0790 or 0.00000080 BTC.
• dForce USD (USX) traded 0% lower against the dollar and now trades at $0.99 or 0.00001019 BTC.
• Navcoin (NAV) traded 0.9% lower against the dollar and now trades at $0.0290 or 0.00000029 BTC.
• 42-coin (42) traded up 1.5% against the dollar and now trades at $39,444.91 or 0.40012598 BTC.
• Memetic (MEME) traded down 3% against the dollar and now trades at $0.0129 or 0.00000013 BTC.
• ReddCoin (RDD) traded 4.4% lower against the dollar and now trades at $0.0001 or 0.00000000 BTC.

Decred Profile

Decred (CRYPTO:DCR) is a PoW/PoS coin that uses the BLAKE256 hashing algorithm. Its genesis date was February 8th, 2016. Decred’s total supply is 16,459,421 coins. Decred’s official message board 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. The official website for Decred 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 presently possible to purchase alternative cryptocurrencies such as Decred directly using U.S. dollars. Investors seeking to trade Decred should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Gemini, Changelly or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Decred using one of the exchanges listed above.

DCR/USD price chart by TradingView