Decred Trading Down 16.4% Over Last 7 Days (DCR)

Decred (DCR) traded down 1.7% against the U.S. dollar during the one day period ending at 0:00 AM ET on April 18th. One Decred coin can now be purchased for approximately $20.03 or 0.00032084 BTC on major cryptocurrency exchanges. Decred has a market capitalization of $320.56 million and approximately $2.21 million worth of Decred was traded on exchanges in the last day. Over the last seven days, Decred has traded down 16.4% against the U.S. dollar.

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

• Compound (COMP) traded up 0.1% against the dollar and now trades at $53.08 or 0.00085005 BTC.
• Bitcoiva (BCA) traded 0.4% higher against the dollar and now trades at $8.09 or 0.00012958 BTC.
• EverGrow Coin (EGC) traded down 1.9% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Safe (SAFE) traded 0% higher against the dollar and now trades at $1.99 or 0.00003188 BTC.
• dForce USD (USX) traded 0.7% lower against the dollar and now trades at $0.96 or 0.00001531 BTC.
• Bitcoin Diamond (BCD) traded 0.4% lower against the dollar and now trades at $0.10 or 0.00000164 BTC.
• WhiteCoin (XWC) traded down 6.8% against the dollar and now trades at $0.0047 or 0.00000008 BTC.
• ReddCoin (RDD) traded 9.8% lower against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Navcoin (NAV) traded 1.6% lower against the dollar and now trades at $0.0624 or 0.00000100 BTC.
• Aion (AION) traded 23.5% higher against the dollar and now trades at $0.0018 or 0.00000003 BTC.

About Decred

Decred (DCR) is a PoW/PoS coin that uses the BLAKE256 hashing algorithm. It launched on February 8th, 2016. Decred’s total supply is 16,000,167 coins. 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 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 US dollars. Investors seeking to acquire Decred should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Coinbase, Changelly or Gemini. 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