Decred Reaches Market Cap of $253.34 Million (DCR)

Decred (DCR) traded 5% higher against the US dollar during the one day period ending at 15:00 PM Eastern on June 25th. Over the last seven days, Decred has traded 7.4% higher against the US dollar. Decred has a market capitalization of $253.34 million and $1.71 million worth of Decred was traded on exchanges in the last 24 hours. One Decred coin can now be purchased for approximately $15.69 or 0.00025370 BTC on major cryptocurrency exchanges.

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

  • Compound (COMP) traded up 3.2% against the dollar and now trades at $49.21 or 0.00079572 BTC.
  • Bitcoiva (BCA) traded up 5.8% against the dollar and now trades at $7.00 or 0.00011320 BTC.
  • EverGrow Coin (EGC) traded 2.6% higher against the dollar and now trades at $0.0000 or 0.00000000 BTC.
  • dForce USD (USX) traded up 0% against the dollar and now trades at $0.99 or 0.00001601 BTC.
  • Bitcoin Diamond (BCD) traded up 6.9% against the dollar and now trades at $0.0642 or 0.00000104 BTC.
  • WhiteCoin (XWC) traded 13.5% higher against the dollar and now trades at $0.0048 or 0.00000008 BTC.
  • Navcoin (NAV) traded 0% lower against the dollar and now trades at $0.0471 or 0.00000076 BTC.
  • ReddCoin (RDD) traded up 13.6% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
  • Aion (AION) traded down 9.1% against the dollar and now trades at $0.0017 or 0.00000003 BTC.
  • 42-coin (42) traded 1.4% lower against the dollar and now trades at $38,342.29 or 0.62001978 BTC.

About Decred

Decred (CRYPTO:DCR) is a PoW/PoS coin that uses the BLAKE256 hashing algorithm. Its genesis date was February 8th, 2016. Decred’s total supply is 16,148,024 coins. 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. Decred’s official message board is medium.com/decred. Decred’s official website 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 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 Changelly, Gemini or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Decred using one of the aforementioned exchanges.

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