Decred Price Reaches $11.77 on Major Exchanges (DCR)

Decred (DCR) traded up 3.7% against the dollar during the 24 hour period ending at 19:00 PM ET on September 17th. One Decred coin can now be bought for about $11.77 or 0.00019600 BTC on popular exchanges. Decred has a market cap of $192.12 million and $866,346.32 worth of Decred was traded on exchanges in the last 24 hours. In the last week, Decred has traded 2% lower against the dollar.

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

• Compound (COMP) traded 0.2% higher against the dollar and now trades at $42.55 or 0.00070867 BTC.
• Bitcoiva (BCA) traded 5.2% higher against the dollar and now trades at $4.16 or 0.00006930 BTC.
• dForce USD (USX) traded up 0% against the dollar and now trades at $1.00 or 0.00001638 BTC.
• Bitcoin Diamond (BCD) traded up 4% against the dollar and now trades at $0.0649 or 0.00000108 BTC.
• WhiteCoin (XWC) traded 6.4% lower against the dollar and now trades at $0.0084 or 0.00000014 BTC.
• Navcoin (NAV) traded up 4.7% against the dollar and now trades at $0.0396 or 0.00000066 BTC.
• Memetic (MEME) traded up 8.8% against the dollar and now trades at $0.0099 or 0.00000016 BTC.
• ReddCoin (RDD) traded down 5.9% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• 42-coin (42) traded 2.1% higher against the dollar and now trades at $23,879.43 or 0.39771360 BTC.
• Aion (AION) traded up 0% against the dollar and now trades at $0.0016 or 0.00000003 BTC.

Decred Profile

Decred (DCR) is a PoW/PoS coin that uses the BLAKE256 hashing algorithm. It launched on February 8th, 2016. Decred’s total supply is 16,325,000 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 website is decred.org. Decred’s official message board is medium.com/decred. 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.”

Decred Coin Trading

It is usually not possible to buy alternative cryptocurrencies such as Decred directly using U.S. dollars. Investors seeking to acquire Decred should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Gemini, GDAX or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Decred using one of the aforementioned exchanges.

DCR/USD price chart by TradingView