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Decred Price (DCR)

Decred Price (DCR)

Currency:
DCR to USD:
1 Decred equals $ 17.39 USD-9.99%1D
Page last updated: 2024-12-19 11:15 (UTC+0)
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Note: This information is for reference only.

Price of DCR today

The live price of Decred is $ 17.39 per (DCR / USD) with a current market cap of $ 287.20M USD. 24-hour trading volume is $ 5.16M USD. DCR to USD price is updated in real-time. Decred is -9.99% in the last 24 hours with a circulating supply of 16.51M.
DCR Price History USD
Date ComparisonAmount Change% Change
Today$ -1.931305-9.99%
30 Days$ 3.519885+25.37%
60 Days$ 4.701421+37.04%
90 Days$ 4.856887+38.74%

DCR Market Information

24h Low & High
Low: $ 16.29
High: $ 19.53
The highest and lowest price paid for this asset in 24 hours.
All Time High
$ 250.02
The highest price paid for this asset since it was launched or listed.
Price Change (1h)
+1.01%
The percentage change in price for this asset compared to 1 hour ago.
Price Change (24h)
-9.99%
The percentage change in price for this asset compared to 24 hours ago.
Price Change (7d)
-15.65%
The percentage change in price for this asset compared to 7 days ago.

DCR Market Information

Popularity
#254
Popularity is based on the relative market cap of assets.
Market Cap
$ 287.20M
Market cap is calculated by multiplying the asset's circulating supply with its current price.
Volume (24hours)
$ 5.16M
The total dollar value of all transactions for this asset over the past 24 hours.
Circulation Supply
16.51M
78.63%
The number of coins circulating in the market and available to the public for trading, similar to publicly traded shares on the stock market.
Total Maximum Supply
21.00M
The total number of coins that will ever be created for the cryptocurrency, similar to fully diluted shares in the stock market. If this data is not provided or verified by CoinMarketCap, the maximum supply is displayed as '--'.
Fully Diluted Market Cap
$ 365.24M
The total number of coins that will ever be created for the cryptocurrency, similar to fully diluted shares in the stock market. If this data is not provided or verified by CoinMarketCap, the maximum supply is displayed as '--'.
Issue Date
2016-02-09

What Can You Do With Decred (DCR)?

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About Decred (DCR)

Decred was reportedly formed in 2013 with a focus on protecting cryptocurrency mining and minting from further centralization. For this reason, Decred uses a combination of proof-of-work (PoW) and proof-of-stake (PoS) consensus mechanisms in order to support and secure its blockchain network.

The group behind Decred started in the online Bitcointalk community and supposedly began discussing ideas for a new altcoin that would address some of the issues in crypto at the time. Among those issues was the heavy centralization of blockchain mining and minting protocols.

The group reportedly began writing a whitepaper very soon after this conversation. The coin, originally called MemeCoin2, was later said to have been picked up by Company 0 and launched under the name Decred in 2016.

Decred’s native cryptocurrency, DCR, is used as the network token for operations on its blockchain platform. As Decred is also community-governed, it utilizes DCR in governance functions. DCR holders are empowered to vote on changes that influence the future of the network. DCR price is updated and available in real time on Binance.

People Also Ask: Other Questions About Decred

  1. What is DCR Used For?

    The DCR token is used in network governance functions, as well as Decred’s hybrid PoW mining and PoS validation model. DCR governance is handled by stakeholders who reportedly decide on consensus rule changes and matters impacting Decred’s treasury and policy.

    According to Decred, rewards in the form of network fees are divided among block miners (60%) and PoS validators who check the miners’ work (30%). The remaining 10% of the network fees are sent to the treasury to fund development and operations.

  2. How Do Network Consensus and Validation Work on Decred?

    In Decred’s hybrid consensus model, DCR is rewarded to both PoW miners and PoS validators. Decred blockchain miners are rewarded with 60% of the allocated block rewards, while validators who check their work are given 30%. PoS validators also actively participate on the network by helping to secure the network.

  3. Who is the Decred Founder?

    Decred was initially founded by a group that emerged in 2013 from an online Bitcointalk community. The project was later taken on by Company 0 and launched in 2016. Decred is now considered community-owned and governed, as all decisions on the network are made via community vote.

  4. What is the Maximum Token Supply of DCR?

    DCR has a maximum supply of 21,000,000 tokens. At the time of writing, approximately 14.74 million DCR tokens are in active circulation.

  5. What Makes Decred Different From Others?

    Decred uses a dual consensus network model (PoW and PoS). The Decred ecosystem reportedly integrated the Atomic feature in 2017, enabling DCR to be swapped with other cryptocurrencies and used as a form of payment.

  6. How To Buy DCR?

    DCR can be purchased directly from Binance using a debit or credit card. It can also be traded for other cryptocurrencies on the Binance exchange. Live DCR price is updated in real time on Binance. Additional DCR price and purchase information is available in our How to Buy Decred (DCR) Guide.

DCR to Local Currency

FiatPriceOperation
1 DCR to USD$ 17.39
1 DCR to TRY$ 17.39
1 DCR to RUB$ 17.39
1 DCR to EUR$ 17.39
1 DCR to AED$ 17.39
1 DCR to AUD$ 17.39
1 DCR to BRL$ 17.39
1 DCR to VND$ 17.39
1 DCR to IDR$ 17.39
Last updated 2024/12/19 11:15 (UTC)

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