About Decred
Decred is a cryptocurrency that combines two consensus models: proof of work and proof of stake. When new blocks are mined, 60% of the block reward goes to proof of work miners, 30% to proof of stake voters, and 10% to fund development of the protocol. Stakeholders may also vote on changes to the protocol itself.
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Market Stats
Market Cap
$193,630,346.88
FDV
$242,887,219.34
Circulating Supply
16,741,256.685 DCR
Max Supply
21,000,000 DCR
Total Supply
16,741,256.685 DCR
Performance
Popularity
Not enough data
Dominance
0.01%
Volume (24H)
$4,738,026.99
0.46%
Volume (7D)
$40,751,150.61
Volume (30D)
$151,870,248.80
All time high
$250.02
Overall Price Change (1Y)
-0.43%
Additional info about Decred
Recent trends
The price of Decred has increased by 0.49% in the last hour and decreased by 6.93% in the past 24 hours. Decred’s price has also fallen by 3.41% in the past week. The current price is $11.57 per DCR with a 24-hour trading volume of $4.74M. Currently, Decred is valued at 95.37% below its all time high of $250.02. This all-time high was the highest price paid for Decred since its launch. The current circulating supply of Decred is 16,741,256.685 DCR which means that Decred has as total market cap of $193,630,346.88.
Market details
DCR vs markets
↘ 51.43%
DCR vs BTC
↘ 58.62%
DCR vs ETH
↗ 6.96%
Tags
mineable
hybrid-pow-pos
medium-of-exchange
store-of-value
+1
Network & Addresses
Network | Address | |
|---|---|---|
Decred | NA |
Price history
Time | Price | Change |
|---|---|---|
Today | $11.57 | ↘ 6.93% |
1 Day | $12.44 | ↘ 6.93% |
1 Week | $11.91 | ↘ 3.41% |
1 Month | $11.49 | ↗ 0.75% |
1 Year | $20.17 | ↘ 42.63% |
FAQ
Decred (DCR) is a blockchain-based platform with a primary focus on community input and open governance. The platform welcomes everyone to participate, join project groups and contribute to development. As per the whitepaper, the platform operates with the hybrid Proof-of-Work (PoW) and Proof-of-Stake (PoS) mining process. The hybrid model ensures that a small group does not overpower the flow of transactions or modify Decred without the community's inputs. The protocol aims to facilitate sustainable funding for the development of the cryptocurrency.
Further, DCR is the native utility token of the Decred platform. Decred holders can stake DCR to obtain voting tickets to vote on on-chain decisions. Also, 30% of the block reward goes to holders of the tickets who vote in one particular block. DCR token holders get an opportunity to choose a project by randomly sealing their coins in exchange for tickets in order to gain staking rewards. Listed below are some of the ways a user can acquire Decred (DCR):
Jake Yocom-Piatt is the founder of the Decred platform. The platform went live on February 8, 2016.
We update our Decred to USD currency in real-time. Get the live price of Decred on Coinbase.
The current market cap of Decred is $193.63M. A high market cap implies that the asset is highly valued by the market.
The all-time high of Decred is $250.02. This all-time high is highest price paid for Decred since it was launched.
Over the last 24 hours, the trading volume of Decred is $4.74M.
Assets that have a similar market cap to Decred include Baby Doge Coin, EigenLayer, Astar, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of Decred is 17 million.
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Social stats
Popularity in posts
#858
Contributors
79
Posts
163
% About Decred
0.037%
Articles
2
Hold times
0 days
X (Twitter)
13.41% bullish
Sentiment
59 ★
Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset.
Highlights
79 unique individuals are talking about Decred and it is ranked #858 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Decred has an average sentiment score of 59 out of 5. Finally, Decred is becoming less newsworthy, with 2 news articles published about Decred.
On Twitter, people are mostly neutral about Decred. There were 15.54% of tweets with bullish sentiment compared to 15.88% of tweets with a bearish sentiment about Decred. 84.46% of tweets were neutral about Decred. These sentiments are based on 107 tweets.
On Reddit, Decred was mentioned in 45 Reddit posts and there were 40 comments about Decred. On average, there were less upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.
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Decred calculator
1 Decred (DCR) to Japanese Yen (JPY)
¥1,652.13
1 Decred (DCR) to Real (BRL)
R$67.86
1 Decred (DCR) to Nigerian Naira (NGN)
NGN 18,578.97
1 Decred (DCR) to South Korean Won (KRW)
₩16,389.16
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Legal
Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.