Decred One Day Trading Volume Hits $984,314.21 (DCR)

Decred (DCR) traded up 0.6% against the dollar during the twenty-four hour period ending at 0:00 AM Eastern on October 26th. In the last week, Decred has traded down 3.6% against the dollar. Decred has a market capitalization of $197.54 million and $984,314.21 worth of Decred was traded on exchanges in the last 24 hours. One Decred coin can now be bought for $12.04 or 0.00017930 BTC on major exchanges.

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

• Compound (COMP) traded 0.2% lower against the dollar and now trades at $41.91 or 0.00062411 BTC.
• Bitcoiva (BCA) traded 1.9% lower against the dollar and now trades at $4.36 or 0.00006487 BTC.
• dForce USD (USX) traded 0% lower against the dollar and now trades at $1.00 or 0.00001482 BTC.
• Bitcoin Diamond (BCD) traded down 1.1% against the dollar and now trades at $0.0578 or 0.00000086 BTC.
• WhiteCoin (XWC) traded down 4.9% against the dollar and now trades at $0.0132 or 0.00000020 BTC.
• Navcoin (NAV) traded 1.4% higher against the dollar and now trades at $0.0305 or 0.00000045 BTC.
• Memetic (MEME) traded 18.7% higher against the dollar and now trades at $0.0134 or 0.00000020 BTC.
• ReddCoin (RDD) traded 17.4% lower against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• 42-coin (42) traded up 0.5% against the dollar and now trades at $25,526.44 or 0.38013150 BTC.
• Aion (AION) traded up 3.7% against the dollar and now trades at $0.0014 or 0.00000002 BTC.

About Decred

DCR is a PoW/PoS coin that uses the BLAKE256 hashing algorithm. Its genesis date was February 8th, 2016. Decred’s total supply is 16,406,183 coins. Decred’s official website is decred.org. 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 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.”

Decred Coin Trading

It is usually not currently possible to buy alternative cryptocurrencies such as Decred directly using US dollars. Investors seeking to acquire Decred should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Coinbase, Gemini 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