Decred (DCR) One Day Volume Hits $133.16 Million

Decred (DCR) traded down 1.4% against the US dollar during the 24 hour period ending at 23:00 PM E.T. on July 22nd. Decred has a market capitalization of $209.59 million and $133.16 million worth of Decred was traded on exchanges in the last day. In the last seven days, Decred has traded down 7.4% against the US dollar. One Decred coin can currently be purchased for about $12.93 or 0.00019109 BTC on major exchanges.

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

• Compound (COMP) traded down 2.5% against the dollar and now trades at $51.29 or 0.00075788 BTC.
• Bitcoiva (BCA) traded down 4.2% against the dollar and now trades at $6.30 or 0.00009306 BTC.
• EverGrow Coin (EGC) traded 4.2% lower 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 0.00001475 BTC.
• Bitcoin Diamond (BCD) traded up 0.7% against the dollar and now trades at $0.0664 or 0.00000098 BTC.
• WhiteCoin (XWC) traded down 2% against the dollar and now trades at $0.0048 or 0.00000007 BTC.
• Navcoin (NAV) traded 1.8% higher against the dollar and now trades at $0.0499 or 0.00000074 BTC.
• Aion (AION) traded 10.5% lower against the dollar and now trades at $0.0020 or 0.00000003 BTC.
• ReddCoin (RDD) traded up 15.3% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Memetic (MEME) traded up 0% against the dollar and now trades at $0.0171 or 0.00000025 BTC.

Decred Profile

Decred is a PoW/PoS coin that uses the BLAKE256 hashing algorithm. It was first traded on February 8th, 2016. Decred’s total supply is 16,206,875 coins. Decred’s official Twitter account is @decredproject and its Facebook page is accessible here. Decred’s official message board is medium.com/decred. The official website for Decred is decred.org. 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.”

Buying and Selling Decred

It is usually not presently possible to buy alternative cryptocurrencies such as Decred directly using US dollars. Investors seeking to trade Decred should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Changelly, Coinbase or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Decred using one of the aforementioned exchanges.

DCR/USD price chart by TradingView