Currencies28095
Market Cap$ 2.77T-0.09%
24h Spot Volume$ 56.63B-10.1%
BTC Dominance49.88%-0.69%
ETH Gas30 Gwei
Cryptorank
Report issue
Decred

Decred DCR Price $ 28.35

Rank: 203

491 Watchlists

Currency

DCR Price

28.35
3.15%
($ 0.866)
Price Range
LowHigh
$ 27.20$ 28.64

General Info

Contracts/Explorers:

Explorers

Tags (Sub-Categories):

#Coin

Funds and Backers

Description

Decred is a digital currency, the development of which is controlled by each member of the community. Uses a hybrid protocol PoW/PoS.

Decred (DCR) Chart

The Decred to USD chart is designed for users to instantly see the changes that occur on the market and predicts what will come next.

DCR to USD Converter

Decred (DCR)DCR

DCR Price Statistics

leaderboard

Market Cap

$ 452.32M

FDV

$ 595.41M

ATH Market Cap

$ 3.21B

24 Trade Vol.

$ 2.64M


Vol. (24h) / MCap

0.00583

Max Supply

DCR 21,000,000

Total Supply

DCR 21,000,000

Circulating Supply

DCR 15.95M

(76% of Max Supply)

Listing Date

10 Feb 2016

All Time High

$ 250.31

17 Apr 2021


All Time Low

$ 0.395

28 Dec 2016


From ATH

88.7%

From ATL

7,082%

Decred Price Analysis

What is Decred (DCR)?

The Decred operates as a blockchain platform that hopes to provide a community-driven and sustainable platform with open governance. The idea for the platform was conceived in 2013 with developers basing its code on Bitcoin. As such, the platform shares many similar features with Bitcoin, however, Decred has developed modifications which aim to encourage participation in governance. The mainnet launch took place in 2016.

DCR is the platform’s native cryptocurrency. It has a maximum supply of 21,000,000.

What are Decred’s key features and how does it work?

The platform uses a combination of the Proof-of-Work and Proof-of-Stake consensus mechanisms to ensure the smooth operation of the platform. Proof-of-Work miners help to secure the network by validating transactions. They receive 10% of block rewards. Proof-of-Stake participants play a vital role in Decred’s governance process. Users must stake DCR tokens to validate and confirm transactions. 

Stakers are also able to propose and vote on many different topics relating to the platform’s development. Stakers receive tickets in exchange for validating blocks. 20 tickets are available for each block with 5 being randomly chosen and distributed to stakers. 

Decred’s governance takes place via its dedicated Politeia proposal system. The platform was created to help encourage users to take part in the process and achieve its goal of a more community-driven blockchain. Proposals can be submitted, discussed, and voted upon via Politeia.

The Decred blockchain also supports smart contracts as well as off-chain transactions. This means that applications can be built on top of the network. Notable applications developed by Decred include the Decred Decentralized Exchange, and Decrediton, Decred’s own crypto wallet. The wallet is available on Windows, macOS, and Linux,

What is noteworthy about Decred?

Decred facilitates atomic swaps allowing users to instantly swap tokens from different blockchains without the use of a third party.

What can DCR be used for?

The DCR token is used to reward network participants for helping to secure the network. This includes stakers and miners.

Where can you buy DCR?

DCR is available for trading on the following CEXs and DEXs listed here. The most popular platforms with the highest liquidity are Binance, OKX, MEXC Global, Gate.io, and KuCoin. The price of DCR will vary depending on the choice of exchange and overall market conditions. For up-to-date and historic data for DCR market prices, please view the price charts on this page.

Decred Price Today

Decred's current price is $ 28.35, it has increased +3.15% over the past 24 hours.

Decred's All Time High (ATH) of $ 250.31 was reached on 17 Apr 2021, and is currently -88.7% down.

The current circulating supply of Decred is 15.95 Million coins, and the maximum supply of Decred is 21.00 Million.

Decred’s 24 hour trading volume is $ 2.64 Million.

Decred (DCR) operates on its own blockchain and can be minted.

Decred's current share of the entire cryptocurrency market is 0.02%, with a market capitalization of $ 452.32 Million.

You can find more details about Decred on its official website and on the block explorer.

Trending Coins and Tokens