Decred Price Chart Update [DCR]

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Decred Price Update Today

The DCR price update as of now is $20.49. In the previous 24 hours, its trading volume was $3,609,632, and its value has decreased by -5.59%. As of now, DCR's live market cap is $328,681,928, and it is ranked as the #193 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	Binance	DCR/USDT	$20.47	$1,471,363	40.76%
2	OKX	DCR/USDT	$20.52	$174,186	4.83%
3	DigiFinex	DCR/USDT	$20.52	$96,678	2.68%
4	MEXC Global	DCR/USDT	$20.48	$34,863	0.97%
5	HTX Global	DCR/USDT	$20.51	$32,389	0.9%
6	Binance	DCR/BTC	$20.51	$31,805	0.88%
7	Gate.io	DCR/USDT	$20.46	$17,909	0.5%
8	Gate.io	DCR/BTC	$20.47	$8,878	0.25%
9	KuCoin	DCR/USDT	$20.61	$3,106	0.09%
10	Bybit	DCR/USDT	$20.48	$3,094	0.09%
11	KuCoin	DCR/BTC	$20.44	$1,723	0.05%
12	Nami	DCR/USDT	$20.50	$647,303	17.93%
13	Nami	DCR/VNDC	$20.47	$611,209	16.93%
14	BYDFi	DCR/USDT	$20.55	$155,780	4.32%
15	LATOKEN	DCR/BTC	$20.58	$83,966	2.33%
16	XT.COM	DCR/USDT	$20.54	$71,759	1.99%
17	CoinW	DCR/USDT	$20.51	$53,373	1.48%
18	BingX	DCR/USDT	$20.54	$45,092	1.25%
19	Bitvavo	DCR/EUR	$20.49	$34,104	0.94%
20	XT.COM	DCR/BTC	$20.48	$11,463	0.32%
21	LATOKEN	DCR/USDT	$20.60	$10,401	0.29%
22	CoinEx	DCR/USDT	$20.53	$2,279	0.06%
23	CoinEx	DCR/BTC	$20.47	$2,110	0.06%
24	CoinEx	DCR/USDC	$20.61	$1,889	0.05%
25	Nominex.io	DCR/USDT	$20.44	$1,847	0.05%
26	WazirX	DCR/INR	$21.80	$425	0.01%
27	NovaDAX	DCR/BRL	$21.29	$409	0.01%
28	Mudrex	DCR/USDT	$20.57	$122	0%
29	WazirX	DCR/USDT	$20.80	$87	0%
30	Nominex.io	DCR/BTC	$20.47	$19	0%
31	Poloniex	DCR/BTC	$21.29	$1	0%