Decred 24-Hour Trading Volume Reaches $3.13 Million (DCR)

Decred (DCR) traded down 1.7% against the dollar during the 1 day period ending at 21:00 PM ET on April 21st. Decred has a total market capitalization of $359.03 million and $3.13 million worth of Decred was traded on exchanges in the last day. One Decred coin can currently be bought for $22.43 or 0.00034183 BTC on cryptocurrency exchanges. Over the last week, Decred has traded 11.4% higher against the dollar.

Here’s how similar cryptocurrencies have performed over the last day:

• Compound (COMP) traded 0.5% higher against the dollar and now trades at $59.24 or 0.00090286 BTC.
• Bitcoiva (BCA) traded up 1.4% against the dollar and now trades at $8.72 or 0.00013290 BTC.
• EverGrow Coin (EGC) traded 2.3% higher against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Safe (SAFE) traded 0% lower against the dollar and now trades at $1.99 or 0.00003033 BTC.
• dForce USD (USX) traded down 0.2% against the dollar and now trades at $0.96 or 0.00001483 BTC.
• Bitcoin Diamond (BCD) traded 1.4% higher against the dollar and now trades at $0.11 or 0.00000164 BTC.
• WhiteCoin (XWC) traded down 6.2% against the dollar and now trades at $0.0053 or 0.00000008 BTC.
• ReddCoin (RDD) traded 33.5% lower against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Navcoin (NAV) traded 1.4% lower against the dollar and now trades at $0.0636 or 0.00000097 BTC.
• Aion (AION) traded down 0.1% against the dollar and now trades at $0.0016 or 0.00000002 BTC.

Decred Coin Profile

Decred is a PoW/PoS coin that uses the BLAKE256 hashing algorithm. It was first traded on February 8th, 2016. Decred’s total supply is 16,006,730 coins. Decred’s official message board is medium.com/decred. The official website for Decred is decred.org. 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.

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.”

Buying and Selling Decred

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, GDAX or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Decred using one of the aforementioned exchanges.

DCR/USD price chart by TradingView