Gate News Bot Message, February 27th, according to CoinMarketCap data, as of press time, DCR (Decred) is trading at $33.88, up 18.52% in the past 24 hours, with a high of $35.24 and a low of $23.63. The 24-hour trading volume reached $14.8 million. The current market capitalization is approximately $586 million, an increase of $91.6 million from yesterday.
Decred is a cryptocurrency designed for upgrades and evolution over time, conceived through collaboration between the Bitcoin development team and legendary Monero developer tacotime. Its unique hybrid proof-of-work and proof-of-stake mining system combines security, sustainability, decentralization, and user participation.
As a first-layer DAO project, Decred adopts a no-ICO issuance method, with a total supply of