Decred One Day Volume Hits $2.28 Million (DCR)

Decred (DCR) traded down 0.7% against the U.S. dollar during the 24-hour period ending at 7:00 AM ET on January 25th. Over the last seven days, Decred has traded down 13.3% against the U.S. dollar. One Decred coin can currently be bought for $12.78 or 0.00012210 BTC on major exchanges. Decred has a total market cap of $211.91 million and $2.28 million worth of Decred was traded on exchanges in the last 24 hours.

Here’s how related cryptocurrencies have performed over the last 24 hours:

• Compound (COMP) traded 5.3% lower against the dollar and now trades at $73.95 or 0.00070673 BTC.
• Zano (ZANO) traded up 4.4% against the dollar and now trades at $12.98 or 0.00012430 BTC.
• Bitcoiva (BCA) traded down 0.1% against the dollar and now trades at $6.20 or 0.00005920 BTC.
• WhiteCoin (XWC) traded 6.5% lower against the dollar and now trades at $0.0211 or 0.00000020 BTC.
• dForce USD (USX) traded 0.1% lower against the dollar and now trades at $0.99 or 0.00000951 BTC.
• ReddCoin (RDD) traded up 382.8% against the dollar and now trades at $0.0005 or 0.00000000 BTC.
• Bitcoin Diamond (BCD) traded up 0% against the dollar and now trades at $0.0591 or 0.00000057 BTC.
• Navcoin (NAV) traded down 1.2% against the dollar and now trades at $0.0363 or 0.00000035 BTC.
• 42-coin (42) traded 0.8% lower against the dollar and now trades at $49,188.92 or 0.47006961 BTC.
• Memetic (MEME) traded 5% lower against the dollar and now trades at $0.0080 or 0.00000008 BTC.

About Decred

Decred (DCR) is a PoW/PoS coin that uses the BLAKE256 hashing algorithm. Its genesis date was February 8th, 2016. Decred’s total supply is 16,585,782 coins. The official message board for Decred is medium.com/decred. Decred’s official website 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.”

Decred Coin Trading

It is usually not currently possible to purchase alternative cryptocurrencies such as Decred directly using U.S. dollars. Investors seeking to trade Decred should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Coinbase, Changelly or Gemini. 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