Decred (DCR) 24 Hour Trading Volume Tops $1.72 Million

Decred (DCR) traded 3.1% higher against the dollar during the 1 day period ending at 20:00 PM Eastern on June 27th. Over the last week, Decred has traded up 1.1% against the dollar. Decred has a market cap of $252.54 million and approximately $1.72 million worth of Decred was traded on exchanges in the last day. One Decred coin can now be bought for about $15.63 or 0.00025373 BTC on major exchanges.

Here is how similar cryptocurrencies have performed over the last day:

• Compound (COMP) traded 2.1% higher against the dollar and now trades at $50.10 or 0.00081304 BTC.
• Bitcoiva (BCA) traded 2.2% higher against the dollar and now trades at $6.95 or 0.00011280 BTC.
• EverGrow Coin (EGC) traded 1.6% higher against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• dForce USD (USX) traded up 0.5% against the dollar and now trades at $0.99 or 0.00001612 BTC.
• Bitcoin Diamond (BCD) traded down 0.9% against the dollar and now trades at $0.0611 or 0.00000099 BTC.
• WhiteCoin (XWC) traded up 1.2% against the dollar and now trades at $0.0041 or 0.00000007 BTC.
• Navcoin (NAV) traded down 0.1% against the dollar and now trades at $0.0473 or 0.00000077 BTC.
• Aion (AION) traded 3.5% lower against the dollar and now trades at $0.0017 or 0.00000003 BTC.
• ReddCoin (RDD) traded down 40.3% against the dollar and now trades at $0.0001 or 0.00000000 BTC.

About Decred

DCR is a PoW/PoS coin that uses the BLAKE256 hashing algorithm. Its launch date was February 8th, 2016. Decred’s total supply is 16,152,833 coins. The official message board for Decred is medium.com/decred. Decred’s official website is decred.org. Decred’s official Twitter account is @decredproject and its Facebook page is accessible here. 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.”

Buying and Selling Decred

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 Bitcoin or Ethereum using an exchange that deals in US dollars such as Gemini, Changelly or Coinbase. 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