Decred (DCR) Price Down 5.1% Over Last 7 Days

Decred (DCR) traded up 1.6% against the US dollar during the 1-day period ending at 10:00 AM E.T. on July 27th. Over the last week, Decred has traded down 5.1% against the US dollar. Decred has a market cap of $203.83 million and $961,971.57 worth of Decred was traded on exchanges in the last 24 hours. One Decred coin can currently be bought for approximately $12.57 or 0.00018187 BTC on exchanges.

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

• Compound (COMP) traded up 1.4% against the dollar and now trades at $52.28 or 0.00075645 BTC.
• Bitcoiva (BCA) traded 2.3% higher against the dollar and now trades at $6.29 or 0.00009102 BTC.
• EverGrow Coin (EGC) traded 0% 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 0.00001464 BTC.
• Bitcoin Diamond (BCD) traded 4.6% higher against the dollar and now trades at $0.0655 or 0.00000095 BTC.
• WhiteCoin (XWC) traded down 3.9% against the dollar and now trades at $0.0039 or 0.00000006 BTC.
• Navcoin (NAV) traded 1% higher against the dollar and now trades at $0.0467 or 0.00000068 BTC.
• ReddCoin (RDD) traded 0.9% higher against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Memetic (MEME) traded 3.3% higher against the dollar and now trades at $0.0159 or 0.00000023 BTC.
• 42-coin (42) traded 1.3% higher against the dollar and now trades at $30,236.69 or 0.43749566 BTC.

Decred Profile

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 16,216,302 coins. 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. The official message board for Decred 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 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 GDAX, Gemini or Changelly. 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