Decred (DCR) Price Hits $28.37

Decred (DCR) traded up 3% against the US dollar during the twenty-four hour period ending at 10:00 AM Eastern on March 29th. Over the last week, Decred has traded 13.4% higher against the US dollar. Decred has a market cap of $452.54 million and $3.12 million worth of Decred was traded on exchanges in the last day. One Decred coin can currently be purchased for about $28.37 or 0.00040303 BTC on major cryptocurrency exchanges.

Here is how related cryptocurrencies have performed over the last day:

• Compound (COMP) traded up 3.9% against the dollar and now trades at $80.99 or 0.00115071 BTC.
• Bitcoiva (BCA) traded up 1.7% against the dollar and now trades at $12.46 or 0.00017707 BTC.
• EverGrow Coin (EGC) traded 3.6% higher against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Safe (SAFE) traded 0.1% higher against the dollar and now trades at $1.99 or 0.00002828 BTC.
• dForce USD (USX) traded down 0.7% against the dollar and now trades at $0.98 or 0.00001389 BTC.
• Bitcoin Diamond (BCD) traded 2.6% higher against the dollar and now trades at $0.14 or 0.00000204 BTC.
• WhiteCoin (XWC) traded up 5.5% against the dollar and now trades at $0.0252 or 0.00000036 BTC.
• ReddCoin (RDD) traded 11.3% lower against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Navcoin (NAV) traded up 1.6% against the dollar and now trades at $0.0468 or 0.00000066 BTC.
• Aion (AION) traded 9.6% higher against the dollar and now trades at $0.0025 or 0.00000004 BTC.

About Decred

Decred (CRYPTO:DCR) is a PoW/PoS coin that uses the BLAKE256 hashing algorithm. Its launch date was February 8th, 2016. Decred’s total supply is 15,953,445 coins. The official message board for Decred is medium.com/decred. Decred’s official Twitter account is @decredproject and its Facebook page is accessible here. 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.

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 currently 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 Coinbase. 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