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Market

Market stats

Market cap

$437.5M

Volume (24h)

$2.5M

Circulating supply

16.0M DCR

All time high

$250.02

Price change (1h)

-1.47%

Price change (24h)

-1.49%

Price change (7d)

+5.5%

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.

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):

News about Decred

The Block • Mar 29, 24

Taiwan’s crypto sector receives government approval to form industry association

Crypto firms in Taiwan are expected to come up with self-supervisory rules based on guidelines provided by the financial regulator.

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The Block • Mar 29, 24

Vitalik Buterin emphasizes need for parallelization, internal scaling in Ethereum rollups

Vitalik Buterin said that rollups will need to "scale internally" to handle increased activity via strategies like parallelization.

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CoinDesk • Mar 29, 24

Ethena’s Prelaunch Futures Surge 22% as ENA Token Is Set To Go Live Next Week

The price surge implied that the token could debut with a market cap of over $500 million.

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BeInCrypto • Mar 29, 24

Filecoin (FIL) Price Analysis: Consolidation or Correction Ahead?

As daily active users wane, the FIL price shows signs of consolidation. EMA lines nearing the price signal a market poised for stability, with FIL's competitive edge in focus.The post Filecoin (FIL) Price Analysis: Consolidation or Correction Ahead? appeared first on BeInCrypto.

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The Block • Mar 29, 24

Google now allows wallet address searches for Bitcoin, Fantom, Arbitrum and others

Google search results display the remaining token balance in the wallet per network and the time the balance was last updated.

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BeInCrypto • Mar 29, 24

Optimism (OP) Flashes Buy Signal: Is a 26% Price Rally Likely?

Optimism price is closing in on potential rally and investors are expected to make a profit given this buy signal.The post Optimism (OP) Flashes Buy Signal: Is a 26% Price Rally Likely? appeared first on BeInCrypto.

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Decred is on the rise this week.

The price of Decred has decreased by 1.47% in the last hour and decreased by 1.49% in the past 24 hours. Decred’s price has also risen by 5.50% in the past week. The current price is $27.36 per DCR with a 24-hour trading volume of $2.48M. Currently, Decred is valued at 89.06% 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 15,952,812.219 DCR which means that Decred has as total market cap of 15,952,812.219.

FAQ

What is the current price of Decred?

We update our Decred to USD currency in real-time. Get the live price of Decred on Coinbase.

What is the market cap of Decred?

The current market cap of Decred is $437.50M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Decred?

The all-time high of Decred is $250.02. This all-time high is highest price paid for Decred since it was launched.

What is the 24 hour trading volume of Decred?

Over the last 24 hours, the trading volume of Decred is $2.48M.

What other assets are similar to Decred?

Assets that have a similar market cap to Decred include PAAL AI, Ravencoin, Theta Fuel, and many others. To see a full list, see our comparable market cap assets.

How many Decred are there?

The current circulating supply of Decred is 16 million.

Can I buy Decred on Coinbase?

No, Decred is not currently available on Coinbase, but you can sign up to get the latest news on Decred and be notified when it gets added to our exchange.

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Navigate the world of Ethereum Name Service (ENS) profiles. Connect, learn, and engage with the web3 community on profile.coinbase.com. Check out some of the most popular ENS profiles below.