Decred (DCR) Reaches 24 Hour Trading Volume of $2.51 Million

Decred (DCR) traded 1.6% lower against the US dollar during the 1 day period ending at 23:00 PM E.T. on May 30th. Decred has a total market capitalization of $326.27 million and approximately $2.51 million worth of Decred was traded on exchanges in the last day. Over the last seven days, Decred has traded down 0.8% against the US dollar. One Decred coin can now be purchased for $20.27 or 0.00029602 BTC on popular cryptocurrency exchanges.

Here’s how related cryptocurrencies have performed over the last day:

  • Compound (COMP) traded 3.3% lower against the dollar and now trades at $59.57 or 0.00086976 BTC.
  • Bitcoiva (BCA) traded down 2.1% against the dollar and now trades at $8.51 or 0.00012428 BTC.
  • EverGrow Coin (EGC) traded 1.3% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
  • dForce USD (USX) traded up 1.2% against the dollar and now trades at $0.99 or 0.00001446 BTC.
  • Bitcoin Diamond (BCD) traded up 0.2% against the dollar and now trades at $0.0706 or 0.00000103 BTC.
  • WhiteCoin (XWC) traded 4.3% higher against the dollar and now trades at $0.0044 or 0.00000006 BTC.
  • ReddCoin (RDD) traded up 8.2% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
  • Navcoin (NAV) traded down 5.8% against the dollar and now trades at $0.0490 or 0.00000072 BTC.
  • Aion (AION) traded down 13.7% against the dollar and now trades at $0.0018 or 0.00000003 BTC.
  • 42-coin (42) traded up 0.4% against the dollar and now trades at $49,435.91 or 0.72110787 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 16,092,357 coins. The official message board for Decred is medium.com/decred. 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. Decred’s official Twitter account is @decredproject and its Facebook page is accessible 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 presently possible to buy alternative cryptocurrencies such as Decred directly using U.S. dollars. Investors seeking to acquire Decred should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Gemini, Coinbase or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Decred using one of the exchanges listed above.

Receive News & Updates for Decred Daily - Enter your email address below to receive a concise daily summary of the latest news and updates for Decred and related cryptocurrencies with MarketBeat.com's FREE CryptoBeat newsletter.