Decred’s DCR coin rocketed towards the moon on Friday it went up as high as $70 before hitting the ceiling and falling down to $48.50. The price of Decred (DCR) almost tripled its price which were hovering around $24 to $27 in July.
In a single hour last Friday, the DCR coin managed to rose by 50% and it just a little as two hours it went from $27 to $62. The reason for the spike is because of large number of buyers which can be verified on the blockchain.
Check out the volume change with $DCR during that pump:
Decred is an autonomous digital currency which boast a hybrid consensus system and is designed as a decentralized, sustainable, and self-ruling currency. DCR is the native cryptocurrency of Decred, which is a forked version of the Bitcoin protocol.
As per the latest news updates, Decred is a good investment in 2022. However, DCR has a high possibility of surpassing its current ATH at about $250 this year.
Decred Price Prediction:
Traders predicts DCR price in a long-term (5-year investment) will shoot up at around +479.75% and for 2022 Decred (DCR) price may reach $165.
DCR ended the week with 107% increase in 7 days.
Decred’s DCR coin is available for trade in USDT and BTC pair HERE. JOIN BINANCE NOW
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