Decred Price

Track Decred Price Today, Live DCR Price Chart & Market Cap

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TO USD

Decred Price Live Data

24H Range
$?11.61
24H Range
$?12.05
52W Range
$?8.84
52W Range
$?32.31
ATH & ATL Range
$?0.394796
ATH & ATL
$?248.38
Decred Price$?11.95
Market Cap$?192.18M
Diluted Market Cap $?250.92M
24H Volume$?1.66M
Vol. / M. Cap Ratio 0.0087
Dominance 0.01%
ATH $?248.38 (-95%)
ATH Date Apr 17, 2021
ATL $?0.394796
ATL Date Dec 28, 2016
Cycle Low $?8.84
Cycle High $?13.07
Circ. Supply 16.08M (77%)
Total Supply 16.08M
Max Supply 21.00M
Supply Inflation 3.91% (Medium)
Volatility 6.75% (High)
PlatformDCR
Release Date Feb 9, 2016
Fear & Greed Index 33 (Fear)
Sentiment Neutral
Show more ↓

Decred price today is $?11.95 with a 24-hour trading volume of $?1.66M, market cap of $?192.18M, and market dominance of 0.01%. The DCR price increased 2.07% in the last 24 hours.

Decred reached its highest price on Apr 17, 2021 when it was trading at its all-time high of $?248.38, while Decred's lowest price was recorded on Dec 28, 2016 when it was trading at its all-time low of $?0.394796. The lowest price since it's ATH was $?8.84 (cycle low). The highest DCR price since the last cycle low was $?13.07 (cycle high). The Decred price prediction sentiment is currently neutral, while Fear & Greed Index is showing 33 (Fear).

Decred's current circulating supply is 16.08M DCR out of max supply of 21.00M DCR. The current yearly supply inflation rate is 3.91% meaning 605,692 DCR were created in the last year. In terms of market cap, Decred is currently ranked #13 in the Proof-of-Work Coins sector, ranked #21 in the Proof-of-Stake Coins sector and ranked #59 in the Layer 1 sector.

Highlights

  • in the last 30 days (57%)
  • Trading on KuCoin

Risk Analysis

  • Price dropped over the past year, down -5%
  • Outperformed by 87% of the in 1 year
  • Outperformed by and
  • Trading below the
  • Down -95% from all-time high
  • Has liquidity based on its market cap
  • Yearly inflation rate is
See All Risk Checks

Decred Performance

Change1H24H7D1M3M6MYTD1Y3Y5YALL
DecredUS Dollar DCR/USD 0.02%2.07%0.78%20.68%-36.37%-58.81%-34.97%-4.57%-91.78%-48.12%1,117%
DecredBitcoin DCR/BTC -0.63%0.91%1.74%26.88%-22.62%-49.04%-51.62%-58.02%-93.44%-90.66%-92.00%
DecredEthereum DCR/ETH -0.82%1.71%4.56%34.24%-1.83%-32.36%-36.07%-36.63%-88.40%-96.05%-97.94%
DecredTether DCR/USDT 0.02%2.07%0.78%20.68%-36.37%-58.81%-34.97%-4.57%-91.78%-48.12%1,117%

Decred price in US Dollar has increased by 20.68% in the last 1 month. DCR is up 34.24% against Ethereum and up 26.88% against Bitcoin in the last 1 month.

Decred Quarterly Returns

YearQ1Q2Q3Q4Total
2016102.54%5.57%-53.04%-51.44%-51.25%
20172,570%154.63%7.12%181.34%20.39K%
2018-58.90%66.62%-40.98%-57.77%-82.93%
201925.76%46.89%-43.71%-2.61%1.28%
2020-31.82%23.39%-16.81%246.48%142.48%
2021342.95%-20.26%-26.26%-33.55%73.08%
2022-11.92%-63.72%11.50%-26.44%-73.80%
20239.54%-21.89%-13.30%31.81%-2.22%
202457.58%-46.11%------
Average 333.98%16.12%-21.94%35.98%2,549%

The top-performing year for Decred was 2017 when the price of DCR increased by 20,389.36% from $?0.474424 to $?97.21. The worst performing year for Decred was 2018 when the price dropped by -82.93% from $?97.21 to $?16.59. The average yearly growth of Decred over the last 9 years is 2,549.50% per year. Usually, Decred performs best in Q1 with an average of 333.98% gain and worst in Q3 with -21.94% loss.

Decred Price Closing History by Level

PriceDays Above% of Decred's Life
$?248.38 ATH--
$?200.00240.77%
$?190.00341.08%
$?180.00491.56%
$?170.00752.39%
$?160.00963.06%
$?11.95 Price Now262183.63%
$?11.00268685.71%
$?10.00271086.47%
$?9.00272586.95%
$?8.00272686.98%
$?7.00272887.05%

The table above shows the number of days which Decred closed above a certain price level.

Decred Price & ROI on this Date

DatePriceROI
Sep 10, 2024 Today$?11.95-
Sep 10, 2023$?13.25-9.81%
Sep 10, 2022$?30.03-60.21%
Sep 10, 2021$?147.01-91.87%
Sep 10, 2020$?13.72-12.88%
Sep 10, 2019$?24.24-50.71%
Sep 10, 2018$?37.10-67.79%
Sep 10, 2017$?30.40-60.70%
Sep 10, 2016$?1.54358674.08%

The table above shows the price and ROI of Decred today and previous years on the same date (Sep 10).

DCR Exchanges

Decred is being traded on 22 cryptocurrency exchanges, including Binance and KuCoin. $?1.66M worth of Decred changed hands in the last 24 hours. If you wish to purchase DCR, check our guide on how to buy Decred in 6 steps.

ExchangePrice Volume Action
Binance$?11.96$?962,039$?11.96$?962,039 Trade Now
KuCoin$?11.89$?7,177.80$?11.89$?7,177.80 Trade Now
Bybit$?12.31$?4,781.03$?12.31$?4,781.03 Trade Now
gate.io$?11.94$?7,481.86$?11.94$?7,481.86 Trade Now
MEXC$?11.95$?24,429$?11.95$?24,429 Trade Now
XT.COM$?11.96$?277,267$?11.96$?277,267 Trade Now
LATOKEN$?11.97$?107,939$?11.97$?107,939 Trade Now
BYDFi$?11.94$?97,406$?11.94$?97,406 Trade Now
Digifinex$?11.94$?54,714$?11.94$?54,714 Trade Now
BingX$?11.94$?38,031$?11.94$?38,031 Trade Now

About Decred

Decred (DCR) is a cryptocurrency whose name is a portmanteau of “decentralized credit”. It’s a currency which shares many similarities with Bitcoin and which uses a hybrid proof of work and proof of stake consensus system. Launched in 2015, Decred utilizes a governance model that is community-based. The internal voting system that Decred uses is one of its key features which helps to differentiate it from coins such as Bitcoin. Another technical feature of Decred is that it separates transaction signatures from the remainder of the transaction data. In addition, transactions can be set to expire after a certain amount of time has elapsed. If a transaction is held up on the network, for example, it can expire, preventing it from ever going through. Although a controversial coin, Decred has some high profile proponents including Litecoin’s Charlie Lee.

FAQ

What is Decred?

Decred (DCR) is a cryptocurrency launched in February 2016. Based on the whitepaper, the project has been created to let the community approve all changes to the protocol in a decentralised way, giving the power back to users. In that way, big DCR holders can’t manipulate the system.

The founders were looking to facilitate interactions in the community, providing open governance on the platform and sustainable funding policies for the users.

How does Decred work?

Decred is based on a hybrid consensus system mixing Proof of Work (PoW) and Proof of Stake (PoS), which makes the voting system transparent and censorship-resistant.

Decred community members, which can be stakeholders, developers or miners, can influence the future development of the project. With their vote, they can determine consensus rule changes, the development plan, the policy, the budget decisions and the miners’ work, balancing miners’ and holders’ interests and preventing malicious mining activity that would work against the community.

Decred is completely self-funded. They manage that with a compensation system that holds 10% of each block reward for the project treasury. In that way they reduce conflicts of interests, allowing constant developments of the platform.

This translates into a protection against events like hard forks and chain splits, giving Decred the resilience and long-term focus it needs to succeed.

How is Decred used?

The Decred protocol uses PoW consensus to create new blocks on its blockchain. However, when miners successfully complete a mining operation, they receive only 60% of the reward.

The rest is divided between the PoS consensus and the project treasury.

With PoS, token holders can validate transactions to receive rewards as well as vote on network proposals on Politeia, the voting platform.

Token holders lock up their Decred tokens in return for tickets, which can be randomly selected to allow the holders to act as a block validator in the mining operation.

In that way, they manage to keep a decentralised governance, where holders have a direct influence one the project development. Users in the PoS consensus receive 30% of the block reward mined by the miners.

The remaining 10% of the block rewards are transferred to the project treasury, where the community discusses how to spend that money through the Politeia platform.

How do I get DCR?

The exchange with the biggest trading volume for both DCR/USDT and DCR/BTC pairings is Binance. Other popular options for buying DCR are Huobi Global and OKEx

Be aware that not all exchanges allow trades with fiat money for all their pairings. On some, you will have to use other cryptocurrencies and trade them for DCR.

How do you cash out of DCR?

On some exchanges, you can exchange your DCR directly for fiat money like USD or EUR.

If that’s not possible, you can exchange your DCR for BTC or other cryptocurrencies (if available) and then cash out that cryptocurrency with EUR, USD or other fiat currencies, which can be cashed out with fiat money.

How much does it cost to buy 1 DCR?

On , the price of DCR with a 24-hour trading volume of .

Is DCR a good investment? 

It is hard to tell because there are different factors involved in the success or failure of a project in this industry.

On this date, , DCR is .

How much should I invest in DCR?

You should invest based on your strategy, looking to keep your portfolio balanced with all the other assets you have. Take into account your budget, your risk tolerance and how you want to balance your portfolio.

Can you make money from DCR?

You can make money and lose money when buying DCR. This will depend on many factors such as demand and supply, how the project performs in the long run, the overall cryptocurrency market and other macro influences on its price.

Can I invest $50 in DCR?

Yes, you can invest $50 in DCR. In fact, you can invest as little as you like – this is because DCR is fractionable, meaning that you can buy less than one full DCR.

Is Decred secure?

Decred uses a combination of PoW and PoS consensus, exploiting the best from both systems while easing their weaknesses, making a functional layered mechanism. It uses conventional PoW with a BLAKE-256 hash algorithm, mined by ASICs.

Decred holders have to lock their funds to purchase tickets for a certain amount of time: these are added to a pool with approximately 41,000 tickets. From all the tickets, five are randomly selected to validate the previous block. If at least 50% of the tickets approve the miners’ work, the miner reward is approved and the block is added to the blockchain.

Because a block must include 3 or more ticket votes to be valid, blocks must be broadcasted to the network as they are mined for the chain to proceed, so miners cannot mine secretly or hide it from the community.

An attacker should have an enormous combination of both hash power and stake to successfully execute an attack on the system, making it very secure.

Who gets the money when you buy DCR?

Exchanges work by pairing sellers and buyers in a trade, balancing the demand side and supply side. If you want to exchange your dollars or euros to buy some DCRs, the exchange will match your bid with someone who wants to exchange their DCR for your currency.

The exchange will usually take a fee for doing that.

How are new DCR coins created?

The maximum supply of DCR is 21 million tokens, with tokens currently in circulation.

8% of the tokens were mined before the launch. Half of these were split between an airdrop and an initial distribution to cover the protocol development costs. The airdrop rewarded the users that have shown interest with free DCR tokens that were distributed to the participants who registered before the airdrop.

The rest of the coins are mined periodically with PoW consensus, where miners use their computing power to validate new blocks and get rewarded with DCR coins.

How many DCR coins are left?

Currently, DCR coins are yet to be mined.

What makes Decred different?

Decred exploits blockchain one of blockchain’s qualities, decentralisation, to prevent monopoly voting in the community. 

The ticket-holder voting gives users with enough DCR tokens the opportunity to participate in votes regarding both the token and the project’s future. The voting platform is called Politeia, and it can be used to participate in votes, start discussions or submit proposals.

Is my information private when using Decred?

The Decred blockchain contains a public ledger of all the transactions, with all the data about the amount that has been sent, the sender and the recipient.

The senders and recipients are not identified by their personal identity, but only by the cryptographic public keys.

This means that their identities are not directly disclosed, but can be indirectly traced to the owner of the public key. Theoretically, it would be possible to use this public information to build a representation of how DCRs have been moved between the network users.

Where can you store Decred?

You can keep them on exchanges, such as Binance, but this method of storing cryptocurrency is less secure. 

If you want to increase the security of your holdings, you can store your DCR in non-custodial wallet or purchase a hardware wallet (which is the most secure option for storing your cryptocurrencies). At the moment, the most popular producers of cold wallets are Trezor and Ledger.

Decred News

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DCR
Decred
$?11.95
2.07% Last 24h
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