Decred update: DCR Live price, price chart, news and markets

Decred

DCR

$22.11

12.97%

Rank #150 | Category

staking

dao

privacy

proof-of-work

altcoin

halal

dino

small-cap

inflationary

Market Cap

$379,298,460

Fully Diluted Market Cap

$464,271,750

Volume

$13,880,392

Decred Price Chart Update [DCR]

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Decred Price Update Today

The DCR price update as of now is $22.11. In the previous 24 hours, its trading volume was $13,880,392, and its value has increased by 12.97%. As of now, DCR's live market cap is $379,298,460, and it is ranked as the #150 on the Coincu. DCR has a circulating supply of 21,000,000 and a maximum supply of 21,000,000.

About Decred

What is Decred?

Decred is a cryptocurrency that employs a hybrid proof-of-work proof-of-stake (PoW/PoS) system. It places significant emphasis on community involvement, transparent governance, and sustainable funding for development. Decred's hybrid consensus and on-chain governance mechanisms ensure that no single entity can control transactions or make changes without community input. The project finances its own development through a decentralized treasury.

Exciting Prospects for Decred

Decred presents innovative opportunities by leveraging the decentralized nature of blockchain technology to prevent monopolization of voting power within the project. One of Decred's primary goals is to ensure that all DCR holders have equal decision-making authority and that large institutions cannot manipulate voting outcomes in their favor.

Through ticket-holder voting, Decred allows individuals with sufficient DCR holdings to participate in votes regarding the project's future and operations. Additionally, Decred has developed a dedicated voting platform called Politeia, which facilitates user participation in voting, proposal submission, and discussions.

Moreover, Decred employs a hybrid consensus mechanism that combines both proof-of-work (PoW) and proof-of-stake (PoS) models to safeguard voting rights.

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Decred Markets

#	Exchange	Pair	Price	Volume	Mkt Share
1	HTX Global	DCR/USDT	$17.70	$1,090,804	64.55%
2	Binance	DCR/USDT	$17.71	$210,673	12.47%
3	MEXC Global	DCR/USDT	$17.71	$152,122	9%
4	BYDFi	DCR/USDT	$17.71	$83,801	4.96%
5	CoinW	DCR/USDT	$17.71	$58,822	3.48%
6	XT.COM	DCR/USDT	$17.72	$50,583	2.99%
7	LATOKEN	DCR/USDT	$17.61	$18,570	1.1%
8	DigiFinex	DCR/USDT	$17.70	$13,723	0.81%
9	CoinEx	DCR/USDT	$17.64	$3,530	0.21%
10	CoinEx	DCR/BTC	$17.61	$3,115	0.18%
11	Bitvavo	DCR/EUR	$17.48	$2,928	0.17%
12	KuCoin	DCR/USDT	$17.66	$1,181	0.07%
13	HitBTC	DCR/USDT	$17.47	$17	0%
14	HitBTC	DCR/BTC	$17.45	$13	0%