Decred 24 Hour Volume Reaches $1.54 Million (DCR)

Decred (DCR) traded 0.3% higher against the US dollar during the one day period ending at 7:00 AM Eastern on February 14th. During the last seven days, Decred has traded up 20.6% against the US dollar. Decred has a total market cap of $226.67 million and $1.54 million worth of Decred was traded on exchanges in the last day. One Decred coin can now be bought for approximately $13.63 or 0.00014076 BTC on popular cryptocurrency exchanges.

Here’s how related cryptocurrencies have performed during the last day:

• Compound (COMP) traded up 1.5% against the dollar and now trades at $57.23 or 0.00059082 BTC.
• Zano (ZANO) traded 2.2% higher against the dollar and now trades at $8.23 or 0.00008481 BTC.
• Bitcoiva (BCA) traded 0.4% lower against the dollar and now trades at $4.98 or 0.00005140 BTC.
• dForce USD (USX) traded 0.1% higher against the dollar and now trades at $1.00 or 0.00001026 BTC.
• WhiteCoin (XWC) traded down 2.6% against the dollar and now trades at $0.0179 or 0.00000018 BTC.
• Bitcoin Diamond (BCD) traded 0.1% lower against the dollar and now trades at $0.0520 or 0.00000054 BTC.
• ReddCoin (RDD) traded down 3.6% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Navcoin (NAV) traded 0% higher against the dollar and now trades at $0.0479 or 0.00000049 BTC.
• Memetic (MEME) traded 2.2% higher against the dollar and now trades at $0.0046 or 0.00000005 BTC.

Decred Coin Profile

DCR is a PoW/PoS coin that uses the BLAKE256 hashing algorithm. It was first traded on February 8th, 2016. Decred’s total supply is 16,624,411 coins. Decred’s official Twitter account is @decredproject and its Facebook page is accessible here. Decred’s official website is decred.org. Decred’s official message board is medium.com/decred. 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.”

Decred Coin Trading

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

DCR/USD price chart by TradingView