Decred Price Tops $21.13 on Exchanges (DCR)

Decred (DCR) traded 7.4% lower against the dollar during the twenty-four hour period ending at 16:00 PM E.T. on April 26th. In the last week, Decred has traded 1.5% lower against the dollar. Decred has a total market cap of $338.41 million and approximately $3.66 million worth of Decred was traded on exchanges in the last day. One Decred coin can currently be purchased for about $21.13 or 0.00033077 BTC on popular exchanges.

Here is how other cryptocurrencies have performed in the last day:

  • Compound (COMP) traded 0.1% higher against the dollar and now trades at $56.46 or 0.00088387 BTC.
  • Bitcoiva (BCA) traded down 2.8% against the dollar and now trades at $8.19 or 0.00012815 BTC.
  • Safe (SAFE) traded 14.5% higher against the dollar and now trades at $2.45 or 0.00003834 BTC.
  • EverGrow Coin (EGC) traded down 2.5% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
  • Bitcoin Diamond (BCD) traded 3.4% higher against the dollar and now trades at $0.10 or 0.00000160 BTC.
  • dForce USD (USX) traded 0.7% lower against the dollar and now trades at $0.98 or 0.00001536 BTC.
  • ReddCoin (RDD) traded 13.8% higher against the dollar and now trades at $0.0001 or 0.00000000 BTC.
  • WhiteCoin (XWC) traded 6.5% lower against the dollar and now trades at $0.0043 or 0.00000007 BTC.
  • Navcoin (NAV) traded 3.9% lower against the dollar and now trades at $0.0647 or 0.00000101 BTC.
  • Aion (AION) traded 3.9% lower against the dollar and now trades at $0.0017 or 0.00000003 BTC.

Decred Profile

DCR is a PoW/PoS coin that uses the BLAKE256 hashing algorithm. Its launch date was February 8th, 2016. Decred’s total supply is 16,017,444 coins. The official website for Decred 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. 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 buy alternative cryptocurrencies such as Decred directly using U.S. dollars. Investors seeking to acquire Decred should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Changelly, GDAX or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Decred using one of the aforementioned exchanges.

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