“Binance will open trading for DCR/BNB and DCR/BTC trading pairs at 2018/10/24 04:00 AM (UTC). Users can now start depositing DCR in preparation for trading.”The team over at Decred responded to the announcement through their official Twitter handle which you can see below:
Ethereum World News reported that for the past two months, the price of Decred hasn’t really moved and has been stuck trading sideways in a channel between $34 and $44. However, the reveal from today has lifted it above those levels as DCR almost hits $50 once more. Like most digital currencies at this time, Decred dropped from January. However, after the resurrection today the loss results in around 60%. If you compare this to other major altcoins such as Cardano which fell by about 94%According to the official website of the crypto, Decred is an “open and progressive cryptocurrency with a system of community-based governance integrated into its blockchain.” With this governance and a hybrid consensus model of PoW and Pos which makes it unique from Bitcoin and other virtual currencies.What are your thoughts? Let us know what you think down below in the comments!Thank you @cz_binance & @binance we're honored to have $DCR listed on your exchange! pic.twitter.com/9XR4UoxXJO
— Decred (@decredproject) 23 October 2018