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Decred logo Decred (DCR)

DeFinda Score™

An impartial, objective analysis of Decred's features to help you compare it with other coins.
Market Cap
8
Development
8
Community
4
Liquidity
4
Search Results
7
Price to ATH
1

With a total market cap of over $218 million, Decred is the No. 166 cryptocurrency by market size. The currency symbol for Decred is DCR and it was launched in February 2016. Decred uses the Blake-256 hashing algorithm and it has a blocktime of 5 minutes. There will only ever be 21 million Decred tokens issued. So far 15.6 million tokens (74.4% of the total supply) have been issued.

Decred Price History

Simple Chart Advanced Chart

4.7%

7 Days

7%

30 Days

5.4%

60 Days

48.8%

1 Year
All Time Low
$0.432 USD
26 Dec 2016
6 years and 348 days ago
All Time High
$247 USD
17 Apr 2021
2 years and 235 days ago

Will the Price of Decred Go Up or Down?

The technical price analysis for Decred below is undertaken automatically by Tradingview by looking at over 20 different technical chart indicators. You can see how many of these indicators were BUY, NEUTRAL or SELL at the bottom of the chart. The indicators will change depending on what time frame you are looking at. The analysis does not consider market sentiment or broader macro issues that may affect the price of Decred.

Decred Reviews

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Decred YouTube Reviews

Decred FAQs

ADecred was launched in February 2016.
AThe blocktime for Decred is 5 minutes. Blocktime is the time interval between new blocks being added to the blockchain. Some people argues that slower blocktimes are more secure and scalable and that faster blocktimes allow faster transactions. It is a highly debatable topic in the crypto community.
ADecred uses the hasing algortihm Blake-256.
AThe highest price that Decred ever reached was $247.35 USD. This all time high price occured on 17 Apr 2021.
AThe lowest price that Decred ever reached was $0.43154 USD. This all time low price occured on 26 Dec 2016.
AYes you can find the Decred Reddit channel at https://reddit.com/r/decred.
AYes Decred is mineable which means that new coins can be created by miners working on the network.
ADecred uses a blake256 hybrid-pow-pos concensus algorithm.
AYou can check the technical indicators for Decred on the Decred Price Trend tab. These indicators are based on the analysis of multiple trading signals for Decred.
AYou can find the cheapest exchange on which to buy Decred on the Decred Buy tab.
AThe following venture capital firms have invested in Decred: Placeholder Ventures.

Decred Comparisons

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