Decred Trading 6.1% Higher Over Last 7 Days (DCR)

Decred (DCR) traded up 3.6% against the US dollar during the 1 day period ending at 7:00 AM Eastern on January 17th. One Decred coin can currently be purchased for approximately $15.22 or 0.00014841 BTC on cryptocurrency exchanges. Over the last week, Decred has traded up 6.1% against the US dollar. Decred has a market cap of $252.22 million and approximately $2.83 million worth of Decred was traded on exchanges in the last 24 hours.

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

• Compound (COMP) traded 6.9% higher against the dollar and now trades at $87.93 or 0.00085739 BTC.
• Zano (ZANO) traded up 2.9% against the dollar and now trades at $15.71 or 0.00015363 BTC.
• Bitcoiva (BCA) traded up 2.7% against the dollar and now trades at $6.89 or 0.00006715 BTC.
• WhiteCoin (XWC) traded 9.6% higher against the dollar and now trades at $0.0239 or 0.00000023 BTC.
• dForce USD (USX) traded down 0.1% against the dollar and now trades at $0.99 or 0.00000969 BTC.
• Bitcoin Diamond (BCD) traded up 4.1% against the dollar and now trades at $0.0598 or 0.00000058 BTC.
• ReddCoin (RDD) traded up 192.1% against the dollar and now trades at $0.0002 or 0.00000000 BTC.
• Navcoin (NAV) traded down 3.4% against the dollar and now trades at $0.0347 or 0.00000034 BTC.
• 42-coin (42) traded up 3.3% against the dollar and now trades at $48,203.71 or 0.47000578 BTC.
• Memetic (MEME) traded 3.2% higher against the dollar and now trades at $0.0098 or 0.00000010 BTC.

Decred Profile

Decred (CRYPTO: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 16,569,923 coins. Decred’s official message board is medium.com/decred. 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. The official website for Decred 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.”

Decred Coin Trading

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

DCR/USD price chart by TradingView