Decred
Last modified on 11. October 2020
Quick Facts
Decred was introduced by the user decred via bitcointalk.org on 15 December 2015. coinmarketcap.com subsequently launched the logging of real-time trading data in March 2016.
Quarterly Averages
This section presents the quarterly averages (trimester) for trading volume, market capitalization and trading price for 2017, 2018, 2019 and 2020.
Trading Volume & Market Capitalization
For example, the average trading volume of Decred during the first trimester of 2019 was nearly US$ 1.8 m per day. This figure came to nearly US$ 2.1 m during the same time frame in 2018. The trading volume dropped by 15.6 percent accordingly.
For the first trimester of 2019, the average market capitalization was nearly US$ 163 m. In the same time frame of 2018, this figure came to just under US$ 534 m. The corresponding drop down in market capitalization equated to 69.5 percent.
Trading Price
The average trading price during the first trimester of 2019 was just under US$ 17.9. In the same time frame of 2018, this figure came to nearly US$ 84.9. The price dropped accordingly by 78.9 percent.
The all-time high of Decred in 2018
The price of the Decred currency reached a peak in April 2018 at just under US$ 140. At this trading price, the coin reached a market capitalization of nearly US$ 554 million. This put Decred in the ballpark of certain other digital currencies, such as Siacoin, BitShares, Bitcoin Diamond, Zilliqa and Dogecoin, among others.
Decreds all-time high compared to Bitcoin and the most renowned companies worldwide
Bitcoin, by far the largest cryptocurrency at the time, had a market capitalization of US$ 150 billion on that day. Apple Inc., one of the most highly valued brands in the world, stood at US$ 830 billion. And Volkswagen AG, the world’s largest vehicle manufacturer as of 2018, at US$ 101 billion.
- Decred (DCR): 0.554 bn US dollars
- Bitcoin (BTC): 150 bn US dollars
- Apple (AAPL): 830 bn US dollars
- VW (VWAGY): 101 bn US dollars
- Date: 25 April 2018
March 2019: an interesting date following the big cryptocurrency crash
On 1 March 2019, the price of Decred stood at over US$ 16.9 with a market capitalization of over US$ 156 million. In comparison with the peak trading price stated above, this represents a decline down to approximately 12.1 percent.
Around that time, Ethereum dropped to about 9.7 and Bitcoin to approximately 19.5 percent of their all-time-high trading prices.
More Details
The Decred-Coin is a native coin and is generated by mining. Its upper limit on coins is exactly twenty-one million US dollars. If you are interested in the source code, be sure to also visit the GitHub page.
This block explorer can be used to track the current block height and other recent metrics around all Decred transactions.
More information about Decred, including the white paper and other links to source code, community forums and social media accounts can be found on proposals.decred.org.
Markets
EUR
One trading platform for buying or selling Decred in EUR is Bitvavo.
USD
A large market for buying or selling Decred in USD is Binance. There are additional platforms where you can buy or sell Decred, including OceanEx, BKEX and MXC (MoCha), among others.
BTC
A large market for buying or selling Decred in BTC is Binance. Additional trading platforms for buying or selling Decred in BTC are VCC Exchange, Bittrex and CoinEx, among others.
1. This figure changes to 0.0969 percent when taking Bitcoin out of the equation.