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Will Decred’s price double in one year? Where to buy Decred now

Daniela Kirova
Markets

Decred is one of the biggest winners today. It reached $75.84 after gaining almost 7% in the last 24 hours. Look no farther than this guide to find out all about Decred, including what it is, can it be a profitable investment, and whether you should buy it now.

Top places to buy Decred now

Binance

Binance is a prominent global cryptocurrency exchange platform that provides a venue for buying, selling, and trading a vast array of digital currencies. Founded in 2017, it has quickly risen to become one of the largest platforms in terms of trading volume. Binance offers a variety of services including a crypto wallet, margin trading, and futures trading, catering to a diverse user base from casual traders to institutional investors.

Buy DCR with Binance today

KuCoin

KuCoin is a global cryptocurrency exchange for numerous digital assets and cryptocurrencies. Launched in September 2017, KuCoin has grown into one of the most popular crypto exchanges and already has over 5 million registered users from 200+ countries and regions. According to Alexa traffic ranking, KuCoin’s monthly unique visit ranks the top 5 globally.

Buy DCR with KuCoin today

What is Decred?

Decred (DCR) was created by an enterprise called Company 0, whose mission was to use the capabilities of blockchain technology to create better personal data protection and to bring organizational liberty to projects. Jake Yocom-Piatt is the founder and CEO of Company 0. Currently, he is serving as a project lead for the Decred project. The blockchain-based cryptocurrency was launched to facilitate community interaction, open governance, and sustainable funding policies. Major holders of Decred can’t manipulate the protocol because the community has to approve all transactions and changes made.

Should I buy Decred today?

Decred can be a profitable investment, but take price predictions with a grain of salt and never invest more than you can afford to lose.

Decred price prediction

Digital Coin Price predicts the price of 1 Decred will reach $126 in one year, almost twice what it is now. In 2 years, it will go up to $160, up to $150 in 3 years and up to $133 in 4. In 5 years, 1 Decred might be changing hands for as much as $230.

Decred on social media

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