What determines the price movement of Decred (DCR)?

There are two schools of thought when it comes to determining the price of a cryptocurrency like Decred. By way of intrinsic value: Intrinsic value is typically assessed through on-chain metrics, project metrics, and financial metrics of Decred, collectively known as fundamental analysis. Factors such as the law of supply and demand, tokenomics, use case, project roadmap, and the regulatory and governance environment will influence the long-term value of Decred. By way of price action: technical analysis , using candlestick chart patterns and indicators like MACD, RSI, and Bollinger Bands, forecasts the price of Decred on the basis that history tends to repeat itself. Since candlestick charts reflect market sentiment, news announcements and community sentiment can also significantly influence the price action of Decred. Long-term investors usually favor fundamental analysis, while short-term traders often depend on technical analysis. In practice, combining both approaches can yield intriguing scenarios for Decred and the broader cryptocurrency market.

What is the highest price of Decred price in history?

Decred achieved the all-time high of 247.35 in 2021-04-17, and is currently trading at 16.663.

What is the lowest price of Decred price in history?

Decred reached its all-time low of 0.43154 on 2016-12-26.

What is the current market cap of Decred?

The current market cap of Decred is 286850640.59992296, as 17214825.69764886 DCR is trading at the price of 16.663.

How many Decred are there in the market?

There are currently 17214825.69764886 DCR circulating in the market. These Decred can be actively traded or used in the open market.

What is the maximum supply of Decred?

The maximum supply of DCR is 21000000 , which includes its circulating supply, locked or staked supply, and the supply that has yet to be mined, minted, or created.

What is the fully diluted market cap (or FDV) of Decred?

At the moment, the fully diluted market cap, also called the fully diluted value (FDV) of Decred is 286859134.96495442952. The FDV is calculated taking the assumption that all supply of Decred is circulation, multiplied by its current price of 16.663.

What is the price prediction of Decred ?

Using an algorithm to automatically identify historical data trends, this Decred price prediction adjusts its forecast from time to time based on current market conditions. With advanced machine learning, this prediction tool can help investors gauge market probabilities before making investment decisions.

Is Decred a good investment?

Decred offers a good potential ROI due to its inherent volatility, which presents numerous profit opportunities. However, this volatility is a double-edged sword, making it suitable for investors with high risk tolerance and a strong financial position. It is crucial to remember that Decred and the broader crypto market are subject to extreme market conditions, regulatory changes, social media influence, and other unpredictable factors. Therefore, it is advisable to exercise risk management and do your own research (DYOR) before investing in Decred.

You can buy Decred via Gate by following the steps on how to buy DCR once you have funded your account.

Decred Price

DCR

Rank 189

Decred (DCR) Price Live Chart

Decred (DCR) Price Today

Decred (DCR) price today is $16.66, with a 24-hour trading volume of $15.16K and as such Decred (DCR) has a market cap of $286.85M, giving it a market dominance of 0.0088%. The Decred (DCR) price moved +1.60% in the last 24 hours.

DCR Price Data

24h Turnover$15.16K
All-Time High(ATH)$247.35
24h High$16.94
All-Time Low(ATL)$0.4315
24h Low$16

DCR Market Cap Infos

Market Cap$286.85M
Fully Diluted Valuation$286.85M
Market Cap/FDV81.98%
Market SentimentPositive

DCR Supply

Circulating Supply17.21M DCR
Total Supply17.21M DCR
Max Supply21M DCR

*Data is for reference only

Decred (DCR) Price Prediction

Decred(DCR) is predicted to average $16.61 in 2026, with a potential swing between the lowest price $15.78 and the highest price $18.11. By 2031, Decred(DCR) price could reach to $27.79, offering a potential +25.00% return from today’s Decred price.

Year	Minimum Price	Highest Price	Average Price	Change
2026	$15.78	$18.11	$16.61	--
2027	$13.37	$19.62	$17.36	+4.00%
2028	$12.2	$19.6	$18.49	+10.00%
2029	$12.95	$20.76	$19.04	+14.00%
2030	$19.11	$21.89	$19.9	+19.00%
2031	$12.33	$27.79	$20.9	+25.00%

Decred(DCR) Price History

Decred(DCR) price has moved +1.60% in the last 24 hours, and -4.09% in the past 7 days. The price of Decred(DCR) is -27.82% in the past 30 days, and +16.74% over the last year.

Time period	Change amount	% Change
1H	+$0.07299	+0.44%
24H	+$0.2624	+1.60%
7D	-$0.7105	-4.09%
30D	-$6.42	-27.82%
1Y	+$2.38	+16.74%

Decred (DCR) Credibility Indicators

75.75

Reliability Score

PercentileTOP 10%

Decred (DCR) to Local currency Converter

About Decred (DCR)

Explorers

mainnet.decred.org

Website

decred.org

Community

Tags

The full name of DCR currency is deced. DCR currency is an independent digital currency. Deced is a cryptocurrency, similar to bitcoin, which emphasizes community investment, open governance and sustainable capital and development. It uses a mixed "proof of work" and "proof of interest" mining system to ensure that a small group cannot dominate the transaction process or modify the deced without community input. A monetary unit is called'reduced'(DCR). To ensure the integrity of currency and prevent people from making fraudulent transactions or creating their own coins, deced uses the method of recording transactions called blockchain. Deced is a multi platform digital currency that supports windows, MacOS, and Linux. With the wallet application, you can send, receive and mine deced with just a few clicks, which is very easy to use. DCR is positioned as a digital currency with payment function, which is similar to bitcoin. Its main innovation lies in improving the process for communities to reach consensus on decision-making, with emphasis on community autonomy. Therefore, pow+pos mechanism is introduced to restrict possible mining tyrants, balance the interests of miners and coin holders as much as possible, and effectively reduce absenteeism. This system can also allow users to participate in the change of voting consensus mechanism. In addition to community governance, deced focuses on developing cross chain atomic swap transactions. The so-called atomic exchange is to use bitcoin's scripting language to build smart contracts and authorize cross chain transactions. The premise to realize such transactions is to find a method to solve the original image of hash function. The significance of atomic swap is to truly realize decentralization and abandon third-party institutions such as exchanges for asset trading.