Decred Price Hits $12.57 on Top Exchanges (DCR)

Decred (DCR) traded 0.7% lower against the US dollar during the twenty-four hour period ending at 19:00 PM Eastern on October 19th. During the last seven days, Decred has traded down 0.7% against the US dollar. Decred has a market capitalization of $206.05 million and $703,839.54 worth of Decred was traded on exchanges in the last day. One Decred coin can now be purchased for about $12.57 or 0.00018399 BTC on popular exchanges.

Here is how related cryptocurrencies have performed during the last day:

• Compound (COMP) traded up 1.4% against the dollar and now trades at $46.22 or 0.00067642 BTC.
• Bitcoiva (BCA) traded 1.7% higher against the dollar and now trades at $4.42 or 0.00006476 BTC.
• dForce USD (USX) traded up 0% against the dollar and now trades at $1.00 or 0.00001459 BTC.
• Bitcoin Diamond (BCD) traded 0.9% lower against the dollar and now trades at $0.0623 or 0.00000091 BTC.
• WhiteCoin (XWC) traded up 1.1% against the dollar and now trades at $0.0143 or 0.00000021 BTC.
• Navcoin (NAV) traded 2.1% lower against the dollar and now trades at $0.0303 or 0.00000044 BTC.
• Memetic (MEME) traded down 0.8% against the dollar and now trades at $0.0133 or 0.00000019 BTC.
• ReddCoin (RDD) traded 16.8% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• 42-coin (42) traded up 0% against the dollar and now trades at $25,966.20 or 0.38004715 BTC.
• Aion (AION) traded 1.5% higher against the dollar and now trades at $0.0014 or 0.00000002 BTC.

About Decred

Decred (CRYPTO:DCR) is a PoW/PoS coin that uses the BLAKE256 hashing algorithm. It was first traded on February 8th, 2016. Decred’s total supply is 16,390,933 coins. 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. 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 presently possible to buy alternative cryptocurrencies such as Decred directly using US dollars. Investors seeking to acquire Decred should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as GDAX, Coinbase or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Decred using one of the exchanges listed above.

DCR/USD price chart by TradingView