Decred profile
Decred Profile (DCR)
Score: 6.42 | Good
Balanced Small Cap
Project Safety Score

Fri, Sep 17, 2021 7:08 PM

Score 6.42
Rating Good
Market Cap $1911087270.9934
24hr Volume $13811935.711012
Price $143.50361446737
Review

Decred

coin

1stgen blockchain

Decred (DCR) is a cryptocurrency. Users are able to generate DCR through the process of mining. Decred has a current supply of 12,075,275.007. The last known price of Decred is $11.56 USD and is down -3.54% over the last 24 hours. It is currently trading on 58 active market(s) with $2,027,366.848 traded over the last 24 hours. More information can be found at https://www.decred.org/.

Read more in the whitepaper:
https://docs.decred.org/

Decred Project Statement

Project statements are provided by senior members of the project team and serve to tell the reader why the project has honorable intentions and why is definitely not a scam.

Please get in touch to submit a project statement for this project. Emails must be sent from official domain email addresses and will be verified before being accepted.

Full Report

Decred Safety Report

Decred has a safety score of 6.42

Decred is a small cap coin.

Decred is suited to a balanced investment style.


Decred Profile

This profile has enough data to perform a thorough analysis. But any missing data will have a negative impact on the overall rating.

Missing Data:
  • project team
  • tradingview profile

Decred Red Flags

There are currently no Decred red flags.


Decred Development Score

The Decred project has 77 active source code repositories.

The most recent commit was Fri, Sep 17, 2021 6:00 PM

  • 990 Watchers
  • 2807 Stars
  • 3732 Mentionable Users
  • 0 Vulnerabilities
  • 204 commits in the last 28 days.
Highlights:
  • extremely high stars
  • very high watchers
  • extremely high mentionable users
  • extremely high repo stars
  • daily repo updates

Decred Sentiment Score

The sentiment score indicates how well the wider community regards the project. We analyse social media platforms such a Reddit, Twitter etc to access if the community is talking positively or negatively about a project. Or if they are even talking about the project at all!

The overall sentiment is very good indicating that this project is well-regarded in the community who talk often and mostly postively about this project.
Highlights:
  • The overall sentiment is very good

Decred Community Score

The community score indicates how active community is. Are they writing lots of articles and engaging in lots of conversations on the web? Where is the crypto communities attention spent? There are so many hours in the day to spend writing, reading, researching a project. So how much of this time is spent on Decred?

The larger a community is then the more eyes are on that project. Sharing information, red flags and concerns is more likely the bigger the community is. And larger communities are alot hard to censor and control - therefore they provide a diverse range of opinions.

Overall Decred has a strong community, posting and creating lots of content across the internet on social media, forums, blogs and websites.

Highlights:
  • extremely high hashtag tweets
  • extremely high gitHub account watchers
  • low reddit articles
  • poor search result count

Decred Awareness Score

The awareness score indicates how well Decred is known in the main stream. Its all very well for a project to have a discord channel to have 1000 users chatting all day about how great the Decred is but a good measure of longevity is how well the project is known by the general public.

Overall Decred this project is not known by the general community. If a project is new and has not had a lot of marketing or exposure then in general as the project grows the awareness score will increase.

Highlights:
  • no search result total
  • very poor news articles mentioning Decred
  • very poor news articles directly about Decred

Decred Credibility Score

The credibility score indicates how credibility a project is. Does it have a ridiculous name? Is it run by a 13yr old in their basement? Is it just 2 days old and too early to tell?

Highlights:
  • Mature project age (released Feb 10, 2016)

Decred Volume Score

The volume score is the simplest of all our metrics and quite often the bottom line metric. It doesnt matter how well a project scores on the other factors, if it is only shifting a few thousand dollars a day in volume then there is a high chance you will left holding a bag

Highlights:
  • average USD 24hr volume

Red flags come in all shapes and sizes

At the end of the day a cryptocurrency project requires you to part with your hard earned cash in order for it to become succesful.

You expect a level of transparency and professionalism from a project that is asking for your money.

There are all sorts of red flags which you should be weary of;

  • 404 (missing) websites
  • Expired SSL certs
  • Malware/Hijacked sites
  • Suspended Twitter accounts
  • Private Subreddits
  • SEC investiations

If you spot anything suspicious/resolved then please let us know.

Decred Red flags
  • No red flags
    No red flags have been identified. That doesnt mean its a 100% safe project, it just means that no red flags have been brought to our attention.

DCR
Community Trust Score (DCR)

5/5

1 review
Praxis
Thu, Sep 6, 2018 5:56 PM
- Innovative governance with hybrid PoW/PoS algo. - Ex-bitcoin devs (worked on btcd) - Top-notch development, lots of constant activity on the GitHub - Lightning Network Support soon - novel proposal system for funding development etc. etc.
0 0

87.50%

Complete
Profile Status

How complete is this profile:

A few missing data points

This profile is still waiting for the following data points

  • project team
  • tradingview profile
Community Signals

5/5

(1 review)
Community Trust Score
Market Cap Rank:
64
Voted:
--
Bulls v Bears:
neutral
Watching:
0
Trending Position:
Decred Reddit
Decred Github
Decred News
  • Decred (DCR) Market Capitalization Hits $1.95 Billion

    Fri, Sep 17, 2021 9:14 AM

    Read Decred (DCR) Market Capitalization Hits $1.95 Billion at American Banking...

    read more...
  • Decred (DCR) Trading Down 3.9% Over Last 7 Days

    Thu, Sep 16, 2021 10:58 AM

    Read Decred (DCR) Trading Down 3.9% Over Last 7 Days at American Banking...

    read more...
  • Decred 24 Hour Trading Volume Reaches $13.24 Million (DCR)

    Wed, Sep 15, 2021 5:24 PM

    Read Decred 24 Hour Trading Volume Reaches $13.24 Million (DCR) at WKRB...

    read more...
  • Decred (DCR) Price Hits $142.67

    Tue, Sep 14, 2021 2:34 PM

    Read Decred (DCR) Price Hits $142.67 at American Banking...

    read more...
  • Decred (DCR) Price Hits $142.67

    Tue, Sep 14, 2021 2:34 PM

    Read Decred (DCR) Price Hits $142.67 at Community Financial...

    read more...