Decred Price Tops $10.57 on Major Exchanges (DCR)

Decred (DCR) traded 2.9% higher against the U.S. dollar during the 1-day period ending at 12:00 PM ET on August 21st. One Decred coin can currently be purchased for about $10.57 or 0.00017765 BTC on exchanges. Decred has a total market cap of $171.94 million and $2.08 million worth of Decred was traded on exchanges in the last 24 hours. In the last seven days, Decred has traded 5.2% higher against the U.S. dollar.

Here’s how other cryptocurrencies have performed in the last 24 hours:

• Compound (COMP) traded up 9.7% against the dollar and now trades at $47.40 or 0.00079681 BTC.
• Bitcoiva (BCA) traded 1.3% higher against the dollar and now trades at $4.77 or 0.00008011 BTC.
• EverGrow Coin (EGC) traded down 1.2% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• dForce USD (USX) traded up 0% against the dollar and now trades at $1.00 or 0.00001676 BTC.
• Bitcoin Diamond (BCD) traded down 0.5% against the dollar and now trades at $0.0672 or 0.00000113 BTC.
• ReddCoin (RDD) traded 443.5% higher against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• WhiteCoin (XWC) traded down 1.6% against the dollar and now trades at $0.0062 or 0.00000010 BTC.
• Navcoin (NAV) traded down 0.1% against the dollar and now trades at $0.0413 or 0.00000069 BTC.
• Memetic (MEME) traded 2.8% higher against the dollar and now trades at $0.0108 or 0.00000018 BTC.
• Aion (AION) traded down 1% against the dollar and now trades at $0.0019 or 0.00000003 BTC.

About Decred

Decred (DCR) is a PoW/PoS coin that uses the BLAKE256 hashing algorithm. Its genesis date was February 8th, 2016. Decred’s total supply is 16,268,208 coins. The official website for Decred is decred.org. The official message board for Decred is medium.com/decred. 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 currently possible to purchase alternative cryptocurrencies such as Decred directly using US dollars. Investors seeking to acquire Decred should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as GDAX, Changelly or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Decred using one of the exchanges listed above.

DCR/USD price chart by TradingView