Decred (DCR) 24-Hour Trading Volume Tops $982,597.21

Decred (DCR) traded down 5.4% against the U.S. dollar during the 1-day period ending at 19:00 PM Eastern on September 16th. One Decred coin can now be purchased for approximately $11.31 or 0.00019522 BTC on exchanges. Over the last week, Decred has traded down 4.4% against the U.S. dollar. Decred has a market cap of $184.60 million and $982,597.21 worth of Decred was traded on exchanges in the last 24 hours.

Here is how similar cryptocurrencies have performed over the last 24 hours:

• Compound (COMP) traded 2% lower against the dollar and now trades at $42.36 or 0.00073129 BTC.
• Bitcoiva (BCA) traded down 3.3% against the dollar and now trades at $3.95 or 0.00006820 BTC.
• dForce USD (USX) traded 0% lower against the dollar and now trades at $1.00 or 0.00001724 BTC.
• Bitcoin Diamond (BCD) traded down 1.3% against the dollar and now trades at $0.0627 or 0.00000108 BTC.
• WhiteCoin (XWC) traded 18.4% lower against the dollar and now trades at $0.0088 or 0.00000015 BTC.
• Navcoin (NAV) traded down 4% against the dollar and now trades at $0.0378 or 0.00000065 BTC.
• Memetic (MEME) traded down 7.3% against the dollar and now trades at $0.0090 or 0.00000016 BTC.
• ReddCoin (RDD) traded up 6.2% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• 42-coin (42) traded 2.6% lower against the dollar and now trades at $23,160.15 or 0.39978777 BTC.
• Aion (AION) traded down 0% against the dollar and now trades at $0.0016 or 0.00000003 BTC.

About Decred

Decred is a PoW/PoS coin that uses the BLAKE256 hashing algorithm. It launched on February 8th, 2016. Decred’s total supply is 16,322,896 coins. Decred’s official message board is medium.com/decred. Decred’s official Twitter account is @decredproject and its Facebook page is accessible here. 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.

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 purchase alternative cryptocurrencies such as Decred directly using US dollars. Investors seeking to trade Decred should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Coinbase, GDAX or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Decred using one of the exchanges listed above.

DCR/USD price chart by TradingView