Decred (DCR), which most recently exceeded $ 100 in 2018, has reached three-digit prices again, with the increase it has seen since the beginning of 2021. What is Decred (DCR) doing ATH on April 14?
Decred (DCR); It gained 15 percent on the monthly chart, 13 percent on the two-week chart and 8 percent on the weekly chart. Seeing an increase of 4 percent on a daily basis, DCR reached its all-time high on April 14, reaching $ 209.15.
With a market value of $ 2.6 billion, DCR is ranked 54th. The daily trading volume of the token is around $ 43 million.
What is Decred (DCR)?
Decred; It is a crypto currency that has a blockchain structure similar to Bitcoin, focused on sustainability and attaches importance to the community. Decred has a system of community activities called Politeia.
Decred uses Proof-of-Work and Proof-of-Stake mechanisms together. Users earn rewards by mining and staking. Self-financing Decred adds a share of block rewards to the treasury.
Decred has a wallet called Decredition with Trezor and Ledger support. In addition, with the messaging application Matrix, users can communicate with other Decred platforms and Discord.
DCR is awarded as a reward for mining and staking activities. Crypto money also; used for community activities, contributing to the ecosystem, trading.
The circulating supply of DCR is 12 million, with a total supply of ~ 21 million. Among the exchanges listing the DCR; Bitexen, Binance, OKEx, Huobi, XT, MXC, HitBTC, Gate.io, AEX, Oceanex, Poloniex, BiKi, BKEX, Hoo.com, Bittrex, Atomars, KuCoin, CoinEx, EXMO, NovaDAX.