Decred (DCR) Trading 7.6% Lower Over Last 7 Days

Decred (DCR) traded down 0.1% against the US dollar during the 1 day period ending at 21:00 PM Eastern on July 25th. One Decred coin can currently be purchased for $11.93 or 0.00018029 BTC on major exchanges. Over the last seven days, Decred has traded down 7.6% against the US dollar. Decred has a total market capitalization of $193.50 million and approximately $1.43 million worth of Decred was traded on exchanges in the last 24 hours.

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

• Compound (COMP) traded up 2.2% against the dollar and now trades at $50.11 or 0.00075695 BTC.
• Bitcoiva (BCA) traded 2.6% lower against the dollar and now trades at $5.88 or 0.00008882 BTC.
• EverGrow Coin (EGC) traded down 1.1% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• dForce USD (USX) traded 0% higher against the dollar and now trades at $1.00 or 0.00001521 BTC.
• Bitcoin Diamond (BCD) traded 5.9% lower against the dollar and now trades at $0.0605 or 0.00000091 BTC.
• WhiteCoin (XWC) traded 13.1% lower against the dollar and now trades at $0.0040 or 0.00000006 BTC.
• Navcoin (NAV) traded 4.5% lower against the dollar and now trades at $0.0471 or 0.00000071 BTC.
• Aion (AION) traded down 9.1% against the dollar and now trades at $0.0018 or 0.00000003 BTC.
• ReddCoin (RDD) traded 1.8% lower against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Memetic (MEME) traded down 2.6% against the dollar and now trades at $0.0148 or 0.00000023 BTC.

About Decred

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 16,213,117 coins. Decred’s official message board is medium.com/decred. Decred’s official Twitter account is @decredproject and its Facebook page is accessible here. The Reddit community for Decred is https://reddit.com/r/decred and the currency’s Github account can be viewed 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 presently possible to buy alternative cryptocurrencies such as Decred directly using U.S. dollars. Investors seeking to acquire Decred should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Gemini, GDAX or Changelly. 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