What is Decred (DCR) market overview: price, market cap, and 24-hour trading volume

DCR Price and Market Cap: Currently trading at $15.918 USD with a market capitalization of $274,091,305

Decred is currently valued at $15.918 USD per token, reflecting its position as a significant player within the broader cryptocurrency market. This price point contributes to a substantial market capitalization of $274,091,305, establishing DCR among the notable digital currencies in terms of overall valuation. The relationship between these metrics—the per-token price multiplied by circulating supply—provides insight into the broader cryptocurrency's market standing.

The market cap figure demonstrates the aggregate value that investors collectively attribute to the Decred network. With a circulating supply of approximately 17.22 million tokens, the current valuation reflects ongoing market sentiment toward this decentralized digital currency. Recent price predictions suggest DCR could fluctuate between $15.90 and $23.73, indicating volatility typical of cryptocurrency markets. This range encompasses the current trading price while illustrating potential movement patterns. The 24-hour trading volume, combined with these valuation metrics, provides traders and investors with comprehensive information about liquidity and market activity surrounding Decred, helping contextualize the cryptocurrency's current market position and investor interest levels.

Trading Volume and Price Performance: 24-hour trading volume of $1.97 million with a 1.60% price increase

Decred's trading activity reveals interesting dynamics in the cryptocurrency market. The 24-hour trading volume of $1.97 million demonstrates consistent market engagement, reflecting investor interest in DCR as a tradeable asset. This trading volume supports the coin's liquidity profile, enabling traders to execute positions across various market conditions.

The 1.60% price increase over the 24-hour period indicates positive momentum in DCR's price performance. Current pricing at $18.939 positions Decred within a notable range, with the 24-hour trading range spanning from $16.838 to $22.766. This volatility snapshot illustrates the dynamic nature of cryptocurrency trading, where rapid price movements characterize the DCR market.

These trading metrics collectively demonstrate how Decred maintains active participation in cryptocurrency exchanges. The combination of measurable trading volume and positive price movement suggests that DCR continues attracting traders and investors seeking exposure to this unique blockchain platform, which emphasizes community governance and hybrid consensus mechanisms.

Circulation Supply and Exchange Coverage: 17.19 million circulating DCR tokens listed across major trading platforms

Decred maintains a circulating supply of 17.19 million DCR tokens, representing a significant portion of its maximum supply cap. This substantial token distribution across global markets underscores the project's mature market presence. The availability of DCR tokens on major trading platforms enhances market liquidity and accessibility for investors worldwide. Exchange coverage is critical for any cryptocurrency's market health, as it directly influences trading volume and price discovery mechanisms. With DCR listed on multiple exchanges, holders benefit from reduced friction when entering or exiting positions, while traders gain opportunities to execute orders across various platforms with competitive pricing. This widespread exchange presence demonstrates institutional and retail market confidence in Decred's trading infrastructure. The distribution of 17.19 million circulating tokens creates a balanced supply dynamic that supports stable market function without excessive concentration risk. Traders utilizing platforms with DCR listing can capitalize on competitive spreads and liquidity conditions, making the cryptocurrency accessible to diverse market participants and contributing to healthy market microstructure.

FAQ

What is the current price of Decred (DCR)? How are the 24-hour trading amount and market cap ranking?

Decred (DCR) is currently priced at US$19.33 with a 24-hour trading amount of US$19,200,817. Market cap ranking may vary based on the latest data updates.

What is Decred (DCR)? How does it differ from Bitcoin and other cryptocurrencies?

Decred (DCR) is a cryptocurrency emphasizing community governance and open decision-making. Unlike Bitcoin's pure proof-of-work, Decred combines proof-of-work and proof-of-stake mechanisms, enabling stakeholders to participate in protocol decisions and ensuring sustainable development through community involvement.

How is the market performance of Decred (DCR)? What is the price trend over the past year?

Decred (DCR) experienced a 12.31% increase over the past 6 months. However, over the past year, the price has declined approximately 18.58%. In the last 24 hours, DCR rose 1%.

How should I buy and trade Decred (DCR)? Which exchanges are supported?

You can purchase and trade Decred (DCR) through major cryptocurrency exchanges and decentralized platforms. Both fiat and cryptocurrency trading options are available. Visit Decred's official exchange directory to find supported platforms that best suit your needs.

What are the investment risks of Decred (DCR)? What is its long-term outlook?

Decred carries market volatility risks due to competitive crypto landscape. Long-term prospects remain promising with potential growth trajectory. DCR's governance model and privacy features position it for sustained development and adoption in the decentralized finance ecosystem.

What is the circulating supply and total supply of Decred (DCR)?

Decred (DCR) has a circulating supply of 17.2223 million DCR and a total supply of 17.2223 million DCR. The maximum supply is 21 million DCR with a circulation rate of 100%.