Decred is not tradable on Coinbase.

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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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£14.22

Trading Insights

Searched

10

Market Stats

Market Cap

£247.37M

FDV

£298.34M

Circ. Supply

17M DCR

Max Supply

21M DCR

Total Supply

17M DCR

Performance

Popularity

Not enough data

Dominance

0.01%

Volume (24H)

£1.56M

7.77%

Volume (7D)

£19M

Volume (30D)

£56.63M

All time high

£183.87

Price Change (1Y)

Not enough data

27.27%

Past performance is not a reliable indicator of future results. Learn more about asset risks.

Additional details

Recent trends

The price of Decred has decreased by 1.06% in the last hour and increased by 0.23% in the past 24 hours. Decred’s price has also fallen by 0.71% in the past week. The current price is £14.22 per DCR with a 24-hour trading volume of £1.56M. Currently, Decred is valued at 92.27% below its all time high of £183.87. This all-time high was the highest price paid for Decred since its launch.

The current circulating supply of Decred is 17,412,299.153 DCR which means that Decred has as total market cap of £247,369,872.29.

Market details

DCR vs markets

↗ 57.05%

DCR vs BTC

↗ 61.18%

DCR vs ETH

↗ 35.23%

Tags

mineable

hybrid-pow-pos

medium-of-exchange

store-of-value

+6

Network & Addresses

Network
Address

Decred

NA

Price history

Time
Price
Change
Today
£14.22
+0.23%
1 Day
£14.14
+0.23%
1 Week
£14.53
-0.71%
1 Month
£17.42
-17.56%
1 Year
£11.52
+27.27%

Past performance is not a reliable indicator of future results. Learn more about asset risks.

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 GBP currency in real-time. Get the live price of Decred on Coinbase.

The current market cap of Decred is £247.37M. A high market cap implies that the asset is highly valued by the market.

The all-time high of Decred is £183.87. 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 £1.56M.

Assets that have a similar market cap to Decred include Pyth Network, BitTorrent [New], Bitcoin SV, and many others. To see a full list, see our comparable market cap assets.

The current circulating supply of Decred is 17 million.

Social stats

Popularity in posts

#1170

Contributors

34

Posts

73

% About Decred

0.012%

Articles

0

X (Twitter)

31.43% bullish

Sentiment

4.4 ★

Highlights

34 unique individuals are talking about Decred and it is ranked #1,170 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 4.4 out of 5. Finally, Decred is becoming less newsworthy, with 0 news articles published about Decred.

On Twitter, people are mostly neutral about Decred. There were 34.92% of tweets with bullish sentiment compared to 11.11% of tweets with a bearish sentiment about Decred. 65.08% of tweets were neutral about Decred. These sentiments are based on 70 tweets.

On Reddit, Decred was mentioned in 1 Reddit posts and there were 1 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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