Decred Trading 10% Lower Over Last 7 Days (DCR)

Decred (DCR) traded down 3.9% against the U.S. dollar during the 24-hour period ending at 21:00 PM Eastern on July 2nd. In the last seven days, Decred has traded 10% lower against the U.S. dollar. Decred has a market cap of $226.95 million and $1.26 million worth of Decred was traded on exchanges in the last day. One Decred coin can currently be bought for about $14.04 or 0.00022629 BTC on exchanges.

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

• Compound (COMP) traded down 0.6% against the dollar and now trades at $49.01 or 0.00078992 BTC.
• Bitcoiva (BCA) traded up 0.6% against the dollar and now trades at $6.84 or 0.00011026 BTC.
• EverGrow Coin (EGC) traded 3% higher against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• dForce USD (USX) traded 0.1% lower against the dollar and now trades at $0.99 or 0.00001596 BTC.
• Bitcoin Diamond (BCD) traded up 2% against the dollar and now trades at $0.0624 or 0.00000101 BTC.
• WhiteCoin (XWC) traded down 6.9% against the dollar and now trades at $0.0034 or 0.00000005 BTC.
• Navcoin (NAV) traded 3.7% lower against the dollar and now trades at $0.0471 or 0.00000076 BTC.
• Aion (AION) traded down 6.4% against the dollar and now trades at $0.0016 or 0.00000003 BTC.
• ReddCoin (RDD) traded 3.7% lower against the dollar and now trades at $0.0001 or 0.00000000 BTC.

Decred Profile

Decred is a PoW/PoS coin that uses the BLAKE256 hashing algorithm. Its launch date was February 8th, 2016. Decred’s total supply is 16,163,803 coins. The Reddit community for Decred is https://reddit.com/r/decred and the currency’s Github account can be viewed here. The official message board for Decred is medium.com/decred. Decred’s official website is decred.org. Decred’s official Twitter account is @decredproject and its Facebook page is accessible 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 currently possible to purchase alternative cryptocurrencies such as Decred directly using U.S. dollars. Investors seeking to acquire Decred should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Coinbase, Changelly or Gemini. 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