Decred 1-Day Trading Volume Tops $1.83 Million (DCR)

Decred (DCR) traded 2% higher against the dollar during the twenty-four hour period ending at 13:00 PM ET on June 27th. Over the last seven days, Decred has traded 0% lower against the dollar. One Decred coin can currently be bought for about $15.49 or 0.00025102 BTC on cryptocurrency exchanges. Decred has a total market cap of $250.19 million and approximately $1.83 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 2.3% higher against the dollar and now trades at $49.60 or 0.00080381 BTC.
• Bitcoiva (BCA) traded 1% lower against the dollar and now trades at $6.80 or 0.00011015 BTC.
• EverGrow Coin (EGC) traded 1% higher against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• dForce USD (USX) traded up 0.4% against the dollar and now trades at $0.99 or 0.00001608 BTC.
• Bitcoin Diamond (BCD) traded 0.6% lower against the dollar and now trades at $0.0612 or 0.00000099 BTC.
• ReddCoin (RDD) traded 42.8% higher against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• WhiteCoin (XWC) traded down 0.1% against the dollar and now trades at $0.0040 or 0.00000007 BTC.
• Navcoin (NAV) traded up 0.9% against the dollar and now trades at $0.0475 or 0.00000077 BTC.
• Aion (AION) traded down 3.6% against the dollar and now trades at $0.0017 or 0.00000003 BTC.

About Decred

Decred is a PoW/PoS coin that uses the BLAKE256 hashing algorithm. Its genesis date was February 8th, 2016. Decred’s total supply is 16,152,190 coins. The Reddit community for Decred is https://reddit.com/r/decred and the currency’s Github account can be viewed here. Decred’s official website is decred.org. Decred’s official Twitter account is @decredproject and its Facebook page is accessible here. Decred’s official message board is medium.com/decred.

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 GDAX, Changelly or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Decred using one of the exchanges listed above.

DCR/USD price chart by TradingView