Decred Trading Down 11.9% Over Last 7 Days (DCR)

Decred (DCR) traded 1.1% lower against the US dollar during the 1-day period ending at 23:00 PM Eastern on November 4th. During the last seven days, Decred has traded down 11.9% against the US dollar. Decred has a market capitalization of $181.28 million and $962,292.35 worth of Decred was traded on exchanges in the last 24 hours. One Decred coin can currently be purchased for about $11.04 or 0.00016175 BTC on popular cryptocurrency exchanges.

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

• Compound (COMP) traded 0.6% lower against the dollar and now trades at $41.04 or 0.00060136 BTC.
• Zano (ZANO) traded 3.3% lower against the dollar and now trades at $6.81 or 0.00010038 BTC.
• Bitcoiva (BCA) traded down 1% against the dollar and now trades at $3.93 or 0.00005765 BTC.
• dForce USD (USX) traded 0% lower against the dollar and now trades at $1.00 or 0.00001466 BTC.
• WhiteCoin (XWC) traded 3.3% higher against the dollar and now trades at $0.0138 or 0.00000020 BTC.
• Bitcoin Diamond (BCD) traded up 0.3% against the dollar and now trades at $0.0544 or 0.00000080 BTC.
• Navcoin (NAV) traded 1.6% lower against the dollar and now trades at $0.0277 or 0.00000041 BTC.
• Memetic (MEME) traded down 2.9% against the dollar and now trades at $0.0103 or 0.00000015 BTC.
• ReddCoin (RDD) traded 21.3% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• 42-coin (42) traded down 1.3% against the dollar and now trades at $25,927.62 or 0.37996057 BTC.

Decred Coin Profile

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 16,424,514 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. The official message board for Decred is medium.com/decred. 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 purchase alternative cryptocurrencies such as Decred directly using US dollars. Investors seeking to acquire Decred should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Gemini, Coinbase or Changelly. 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