Decred (DCR) Price Tops $9.99 on Major Exchanges

Decred (DCR) traded 0.5% higher against the U.S. dollar during the 24 hour period ending at 17:00 PM E.T. on August 13th. Decred has a market cap of $162.42 million and approximately $1.45 million worth of Decred was traded on exchanges in the last 24 hours. One Decred coin can currently be purchased for approximately $9.99 or 0.00016403 BTC on major exchanges. Over the last week, Decred has traded 1.8% lower against the U.S. dollar.

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

• Compound (COMP) traded up 3% against the dollar and now trades at $43.65 or 0.00071650 BTC.
• Bitcoiva (BCA) traded down 0.9% against the dollar and now trades at $4.99 or 0.00008198 BTC.
• EverGrow Coin (EGC) traded up 3% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• dForce USD (USX) traded up 0% against the dollar and now trades at $1.00 or 0.00001650 BTC.
• Bitcoin Diamond (BCD) traded up 0.2% against the dollar and now trades at $0.0706 or 0.00000116 BTC.
• ReddCoin (RDD) traded 496.3% higher against the dollar and now trades at $0.0003 or 0.00000001 BTC.
• WhiteCoin (XWC) traded 4% lower against the dollar and now trades at $0.0059 or 0.00000010 BTC.
• Navcoin (NAV) traded down 4.5% against the dollar and now trades at $0.0363 or 0.00000060 BTC.
• Memetic (MEME) traded 1.8% higher against the dollar and now trades at $0.0113 or 0.00000019 BTC.
• Aion (AION) traded 4.5% higher against the dollar and now trades at $0.0021 or 0.00000003 BTC.

Decred Coin Profile

DCR is a PoW/PoS coin that uses the BLAKE256 hashing algorithm. It was first traded on February 8th, 2016. Decred’s total supply is 16,252,270 coins. Decred’s official website is decred.org. 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 message board is medium.com/decred.

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 possible to buy alternative cryptocurrencies such as Decred directly using US dollars. Investors seeking to acquire Decred should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Coinbase, Gemini or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Decred using one of the aforementioned exchanges.

DCR/USD price chart by TradingView