Decred 24 Hour Volume Hits $912,268.02 (DCR)

Decred (DCR) traded up 10.4% against the dollar during the twenty-four hour period ending at 0:00 AM ET on November 5th. Decred has a total market capitalization of $200.77 million and $912,268.02 worth of Decred was traded on exchanges in the last 24 hours. During the last seven days, Decred has traded 4.5% lower against the dollar. One Decred coin can currently be bought for $12.22 or 0.00016431 BTC on popular cryptocurrency exchanges.

Here’s how similar cryptocurrencies have performed during the last 24 hours:

• Compound (COMP) traded 6.4% higher against the dollar and now trades at $43.34 or 0.00058255 BTC.
• Zano (ZANO) traded 3.2% higher against the dollar and now trades at $7.03 or 0.00010195 BTC.
• Bitcoiva (BCA) traded 11.4% higher against the dollar and now trades at $4.39 or 0.00005896 BTC.
• dForce USD (USX) traded 0% higher against the dollar and now trades at $1.00 or 0.00001348 BTC.
• Bitcoin Diamond (BCD) traded 10.5% higher against the dollar and now trades at $0.0601 or 0.00000081 BTC.
• WhiteCoin (XWC) traded down 3.3% against the dollar and now trades at $0.0134 or 0.00000018 BTC.
• Navcoin (NAV) traded 0.1% higher against the dollar and now trades at $0.0277 or 0.00000037 BTC.
• ReddCoin (RDD) traded up 26.9% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Memetic (MEME) traded 7.9% higher against the dollar and now trades at $0.0110 or 0.00000016 BTC.
• 42-coin (42) traded up 8.8% against the dollar and now trades at $28,262.99 or 0.37993020 BTC.

About Decred

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 16,426,037 coins. The official message board for Decred 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 website is decred.org. Decred’s official Twitter account is @decredproject and its Facebook page is accessible here.

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 purchase alternative cryptocurrencies such as Decred directly using US dollars. Investors seeking to trade Decred should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as GDAX, Changelly or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Decred using one of the exchanges listed above.

DCR/USD price chart by TradingView