Decred Trading Down 3.7% Over Last Week (DCR)

Decred (DCR) traded up 5.3% against the US dollar during the 24-hour period ending at 10:00 AM Eastern on September 3rd. In the last seven days, Decred has traded down 3.7% against the US dollar. One Decred coin can now be purchased for $11.68 or 0.00019872 BTC on popular exchanges. Decred has a total market capitalization of $190.37 million and $2.35 million worth of Decred was traded on exchanges in the last 24 hours.

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

• Compound (COMP) traded up 0.5% against the dollar and now trades at $44.30 or 0.00075345 BTC.
• Bitcoiva (BCA) traded 0.1% higher against the dollar and now trades at $4.40 or 0.00007479 BTC.
• EverGrow Coin (EGC) traded up 3.4% 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 $1.00 or 0.00001699 BTC.
• Bitcoin Diamond (BCD) traded up 1.5% against the dollar and now trades at $0.0681 or 0.00000116 BTC.
• WhiteCoin (XWC) traded up 1% against the dollar and now trades at $0.0069 or 0.00000012 BTC.
• Navcoin (NAV) traded down 0.3% against the dollar and now trades at $0.0389 or 0.00000066 BTC.
• Memetic (MEME) traded down 0% against the dollar and now trades at $0.0096 or 0.00000016 BTC.
• ReddCoin (RDD) traded 14.9% higher against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Aion (AION) traded up 1.3% against the dollar and now trades at $0.0015 or 0.00000003 BTC.

Decred Coin Profile

Decred (CRYPTO:DCR) is a PoW/PoS coin that uses the BLAKE256 hashing algorithm. It launched on February 8th, 2016. Decred’s total supply is 16,295,173 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. 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.”

Buying and Selling Decred

It is usually not possible to buy alternative cryptocurrencies such as Decred directly using US dollars. Investors seeking to trade Decred should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Changelly, GDAX or Coinbase. 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