Decred is one of the biggest winners today. It reached $ 75.84, having gained almost 7% in the last 24 hours. In this guide you will find the most important details about Decred, including what it is, whether it can be a profitable investment and whether you should buy it now.
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What is Decred?
Decred (DCR) was founded by a company called Company 0, whose mission was to use the capabilities of blockchain technology to create better protection of personal data and give organizational freedom to projects. Jake Yocom-Piatt is the founder and CEO of Company 0. He is currently the project manager for the Decred project. The blockchain-based cryptocurrency was introduced to facilitate interaction with the community, open governance and sustainable financing policies. Main owners of Decred will not be able to manipulate the protocol, since the community will have to approve all transactions and changes made.
Should I buy Decred today?
Decred can be a profitable investment, but read price forecasts with caution and never invest more than you can afford to lose.
The Digital Coin Price predicts that the price of 1 Decred will reach $ 126 in a year, almost twice as much as it is now. In 2 years it is planned to increase to $ 160, in 3 years to $ 150, and in 4 years to $ 133. In 5 years, 1 decred could change hands for up to $230.
Decred on social media
Best Performing Coin of the day: DCR Decred#DCR #Decred $DCR #crypto pic.twitter.com/W5cbBHh8vw
– crypto.beaches (@BeachesCrypto) December 19, 2021