Decred (DCR) is a completely open and self-financing crypto project, which was launched on December 15, 2015. Its control system was created on the basis of blockchain. Experts say that this is a hybrid of two principles, PoW/PoS. Thus, the consensus is reached between miners and voters. This project was created with the idea of full and open participation of all comers. This is a cryptocurrency chip and the creators focus on this particular component before the ICO.
Decred places the main emphasis on joint autonomous control based on voting and minimizing hard forks, as well as higher network decentralization, simpler mining on video cards and faster cheaper transactions compared to bitcoin. There is also support for atomic transactions between DCR, BTC, and LTC.
The coin is called the new advanced Bitcoin. Is it? And what awaits the coin in the near future? Everything in our new DCR price forecast for 2020-2025 by Changelly!
Table of Contents
Decred (DCR) Overview
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Decred (DCR) Fundamental Value
Decred is community-driven much more than other similar projects. And with the introduction of the Politeia update, the project has no guidance at all in the traditional sense of the word.
Since its founding in 2016, the Decred project has achieved a lot. In the second quarter of 2017, the development team created blockchain-based timestamps; in the third quarter of the same year, it made atomic swaps with Bitcoin and Litecoin, and in October 2018 launched Politeia.
The following goals in the roadmap include:
- Android Wallet and Trezor Introduction
- Lightning network
- Introduction Decrediton Politeia
- Private functionality
- Creation of new decentralized autonomous entities
When the Decred cryptocurrency was launched, it was pre-mine, a one-time issue of a certain number of coins. The output amounted to 1.68 million DCR, which amounted to 8% of the maximum possible emission of 21 million DCR. The coins received were distributed as follows:
- 840 thousand coins – a reward to the developers of the project;
- 840 thousand coins – distributed according to the Airdrop program to active users who have contributed to the popularization of the platform.
Initial funding was provided by honest investors and Company Zero. The cost of the project amounted to 0.3 million USD, half of the amount is the salary of programmers, and another half is operating expenses.
During the pre-mine, all coins were given as payment or were sold at a price of 0.49 USD. Accordingly, the developers did not receive free coins and for them, there is a restriction on the sale of coins for one year. For Company Zero, this restriction is two years.
The AirDrop program was carried out until the beginning of 2016. To participate, it was necessary to apply. Under this program, 4% of DCR coins of the total issue were distributed. Participants underwent a rigorous selection process and not everyone was able to participate.
Decred (DCR) Price Analysis
According to the latest data gathered, the current price of Decred is $$23.70, and DCR is presently ranked No. 110 in the entire crypto ecosystem. The circulation supply of Decred is 14,705,253 DCR, with a market cap of $348,554,270.67.
In the past 24 hours, the crypto has increased by $1.74 in its current value.
Decred is facing a hard time getting on board with other crypto coins. DCR has fallen by almost 0.32% in the last 7 days. With concerns about the associated risks intensifying in the past few days, we don’t think the coin would be a profitable asset in the short term, even though it might have strong fundamentals.
During the last month, the price of DCR has increased by 27.15%, adding a colossal average amount of $6.44 to its current value. This sudden growth means that the coin can become a solid asset now if it continues to grow.
Decred (DCR) Prediction Table
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Decred Price Prediction 2023
According to the technical analysis of Decred prices expected in 2023, the minimum cost of Decred will be $32.78. The maximum level that the DCR price can reach is $40.65. The average trading price is expected around $33.98.
DCR Price Forecast for January 2023
Based on the price fluctuations of Decred at the beginning of 2022, crypto experts expect the average DCR rate of $25.04 in January 2023. Its minimum and maximum prices can be expected at $22.65 and at $25.75, respectively.
February 2023: Decred Price Forecast
Cryptocurrency experts are ready to announce their forecast for the DCR price in February 2023. The minimum trading cost might be $24.34, while the maximum might reach $27.00 during this month. On average, it is expected that the value of Decred might be around $25.54.
DCR Price Forecast for March 2023
Crypto analysts have checked the price fluctuations of Decred in 2022 and in previous years, so the average DCR rate they predict might be around $26.56 in March 2023. It can drop to $25.37 as a minimum. The maximum value might be $28.02.
April 2023: Decred Price Forecast
In the middle of the year 2022, the DCR price will be traded at $27.09 on average. April 2023 might also witness an increase in the Decred value to $29.35. It is assumed that the price will not drop lower than $26.14 in April 2023.
DCR Price Forecast for May 2023
Crypto experts have analyzed Decred prices in 2022, so they are ready to provide their estimated trading average for May 2023 — $27.63. The lowest and peak DCR rates might be $26.44 and $30.71.
June 2023: Decred Price Forecast
Crypto analysts expect that at the end of summer 2022, the DCR price will be around $28.18. In June 2023, the Decred cost may drop to a minimum of $27.23. The expected peak value might be $32.09 in June 2023.
DCR Price Forecast for July 2023
Having analyzed Decred prices, cryptocurrency experts expect that the DCR rate might reach a maximum of $33.22 in July 2023. It might, however, drop to $28.36. For July 2023, the forecasted average of Decred is nearly $29.31.
August 2023: Decred Price Forecast
In the middle of autumn 2022, the Decred cost will be traded at the average level of $30.19. Crypto analysts expect that in August 2023, the DCR price might fluctuate between $29.24 and $34.68.
DCR Price Forecast for September 2023
Market experts expect that in September 2023, the Decred value will not drop below a minimum of $29.84. The maximum peak expected this month is $35.89. The estimated average trading value will be at the level of $30.79.
October 2023: Decred Price Forecast
Cryptocurrency experts have carefully analyzed the range of DCR prices throughout 2022. For October 2023, their forecast is the following: the maximum trading value of Decred will be around $37.43, with a possibility of dropping to a minimum of $30.53. In October 2023, the average cost will be $31.72.
DCR Price Forecast for November 2023
Based on the price fluctuations of Decred at the beginning of 2022, crypto experts expect the average DCR rate of $32.67 in November 2023. Its minimum and maximum prices can be expected at $31.48 and at $39.02, respectively.
December 2023: Decred Price Forecast
Cryptocurrency experts are ready to announce their forecast for the DCR price in December 2023. The minimum trading cost might be $32.78, while the maximum might reach $40.65 during this month. On average, it is expected that the value of Decred might be around $33.98.
Decred Price Prediction 2024
After the analysis of the prices of Decred in previous years, it is assumed that in 2024, the minimum price of Decred will be around $47.53. The maximum expected DCR price may be around $57.41. On average, the trading price might be $48.89 in 2024.
Month Minimum Price Average Price Maximum Price January 2024 $34.01 $35.22 $42.04 February 2024 $35.23 $36.46 $43.44 March 2024 $36.46 $37.70 $44.84 April 2024 $37.69 $38.95 $46.24 May 2024 $38.92 $40.19 $47.63 June 2024 $40.15 $41.43 $49.03 July 2024 $41.38 $42.67 $50.43 August 2024 $42.61 $43.92 $51.82 September 2024 $43.84 $45.16 $53.22 October 2024 $45.07 $46.40 $54.62 November 2024 $46.30 $47.64 $56.02 December 2024 $47.53 $48.89 $57.41
Decred Price Prediction 2025
Based on the technical analysis by cryptocurrency experts regarding the prices of Decred, in 2025, DCR is expected to have the following minimum and maximum prices: about $71.38 and $81.70, respectively. The average expected trading cost is $73.83.
Month Minimum Price Average Price Maximum Price January 2025 $49.51 $50.96 $59.44 February 2025 $51.50 $53.04 $61.46 March 2025 $53.49 $55.12 $63.49 April 2025 $55.48 $57.20 $65.51 May 2025 $57.47 $59.28 $67.53 June 2025 $59.45 $61.36 $69.56 July 2025 $61.44 $63.44 $71.58 August 2025 $63.43 $65.52 $73.61 September 2025 $65.42 $67.60 $75.63 October 2025 $67.41 $69.67 $77.65 November 2025 $69.39 $71.75 $79.68 December 2025 $71.38 $73.83 $81.70
Decred Price Prediction 2026
The experts in the field of cryptocurrency have analyzed the prices of Decred and their fluctuations during the previous years. It is assumed that in 2026, the minimum DCR price might drop to $101.51, while its maximum can reach $124.29. On average, the trading cost will be around $105.21.
Month Minimum Price Average Price Maximum Price January 2026 $73.89 $76.45 $85.25 February 2026 $76.40 $79.06 $88.80 March 2026 $78.91 $81.68 $92.35 April 2026 $81.43 $84.29 $95.90 May 2026 $83.94 $86.91 $99.45 June 2026 $86.45 $89.52 $102.99 July 2026 $88.96 $92.14 $106.54 August 2026 $91.47 $94.75 $110.09 September 2026 $93.98 $97.37 $113.64 October 2026 $96.49 $99.98 $117.19 November 2026 $99.00 $102.59 $120.74 December 2026 $101.51 $105.21 $124.29
Decred Price Prediction 2027
Based on the analysis of the costs of Decred by crypto experts, the following maximum and minimum DCR prices are expected in 2027: $181.43 and $144.27. On average, it will be traded at $148.48.
Month Minimum Price Average Price Maximum Price January 2027 $105.07 $108.81 $129.05 February 2027 $108.64 $112.42 $133.81 March 2027 $112.20 $116.03 $138.57 April 2027 $115.76 $119.63 $143.34 May 2027 $119.32 $123.24 $148.10 June 2027 $122.89 $126.84 $152.86 July 2027 $126.45 $130.45 $157.62 August 2027 $130.01 $134.05 $162.38 September 2027 $133.58 $137.66 $167.15 October 2027 $137.14 $141.26 $171.91 November 2027 $140.70 $144.87 $176.67 December 2027 $144.27 $148.48 $181.43
Decred Price Prediction 2028
Crypto experts are constantly analyzing the fluctuations of Decred. Based on their predictions, the estimated average DCR price will be around $213.64. It might drop to a minimum of $207.70, but it still might reach $254.20 throughout 2028.
Month Minimum Price Average Price Maximum Price January 2028 $149.55 $153.91 $187.50 February 2028 $154.84 $159.34 $193.56 March 2028 $160.12 $164.77 $199.63 April 2028 $165.41 $170.20 $205.69 May 2028 $170.70 $175.63 $211.75 June 2028 $175.98 $181.06 $217.82 July 2028 $181.27 $186.49 $223.88 August 2028 $186.55 $191.92 $229.95 September 2028 $191.84 $197.35 $236.01 October 2028 $197.13 $202.78 $242.08 November 2028 $202.41 $208.21 $248.14 December 2028 $207.70 $213.64 $254.20
Decred Price Prediction 2029
Every year, cryptocurrency experts prepare forecasts for the price of Decred. It is estimated that DCR will be traded between $308.91 and $357.88 in 2029. Its average cost is expected at around $319.59 during the year.
Month Minimum Price Average Price Maximum Price January 2029 $216.13 $222.47 $262.84 February 2029 $224.57 $231.30 $271.48 March 2029 $233.00 $240.13 $280.12 April 2029 $241.44 $248.96 $288.76 May 2029 $249.87 $257.78 $297.40 June 2029 $258.30 $266.61 $306.04 July 2029 $266.74 $275.44 $314.68 August 2029 $275.17 $284.27 $323.32 September 2029 $283.61 $293.10 $331.96 October 2029 $292.04 $301.93 $340.60 November 2029 $300.47 $310.76 $349.24 December 2029 $308.91 $319.59 $357.88
Decred Price Prediction 2030
Cryptocurrency analysts are ready to announce their estimations of the Decred’s price. The year 2030 will be determined by the maximum DCR price of $536.33. However, its rate might drop to around $448.40. So, the expected average trading price is $464.37.
Month Minimum Price Average Price Maximum Price January 2030 $320.53 $331.65 $372.75 February 2030 $332.16 $343.72 $387.62 March 2030 $343.78 $355.78 $402.49 April 2030 $355.40 $367.85 $417.36 May 2030 $367.03 $379.92 $432.24 June 2030 $378.65 $391.98 $447.11 July 2030 $390.28 $404.05 $461.98 August 2030 $401.90 $416.11 $476.85 September 2030 $413.52 $428.18 $491.72 October 2030 $425.15 $440.24 $506.59 November 2030 $436.77 $452.31 $521.46 December 2030 $448.40 $464.37 $536.33
Decred Price Prediction 2031
After years of analysis of the Decred price, crypto experts are ready to provide their DCR cost estimation for 2031. It will be traded for at least $656.17, with the possible maximum peaks at $778.06. Therefore, on average, you can expect the DCR price to be around $674.75 in 2031.
Month Minimum Price Average Price Maximum Price January 2031 $465.71 $481.91 $556.47 February 2031 $483.03 $499.44 $576.62 March 2031 $500.34 $516.97 $596.76 April 2031 $517.65 $534.50 $616.90 May 2031 $534.97 $552.03 $637.05 June 2031 $552.28 $569.56 $657.19 July 2031 $569.60 $587.09 $677.34 August 2031 $586.91 $604.63 $697.48 September 2031 $604.23 $622.16 $717.63 October 2031 $621.54 $639.69 $737.77 November 2031 $638.86 $657.22 $757.92 December 2031 $656.17 $674.75 $778.06
Decred Price Prediction 2032
Cryptocurrency analysts are ready to announce their estimations of the Decred’s price. The year 2032 will be determined by the maximum DCR price of $1,157.16. However, its rate might drop to around $956.12. So, the expected average trading price is $989.86.
Month Minimum Price Average Price Maximum Price January 2032 $681.17 $701.01 $809.65 February 2032 $706.17 $727.27 $841.25 March 2032 $731.16 $753.53 $872.84 April 2032 $756.16 $779.79 $904.43 May 2032 $781.15 $806.05 $936.02 June 2032 $806.15 $832.31 $967.61 July 2032 $831.15 $858.57 $999.21 August 2032 $856.14 $884.82 $1,030.80 September 2032 $881.14 $911.08 $1,062.39 October 2032 $906.13 $937.34 $1,093.98 November 2032 $931.13 $963.60 $1,125.57 December 2032 $956.12 $989.86 $1,157.16
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Decred price now
As of now, Decred (DCR) price is $23.81 with Decred market capitalization of $349,959,935.62.
Is Decred a good investment?
The forecast for Decred price is quite positive. It is expected that DCR price might meet a bull trend in the nearest future. We kindly remind you to always do your own research before investing in any asset.
Can Decred rise?
It seems that the average price of Decred might reach {AveragePrice2022} in the end of the year. In five-year plan perspective, the cryptocurrency could probably rise up to $147.31. Due to price fluctuations on the market, please always do your research before invest money in any project, network, asset, etc.
How much will Decred be worth 2023?
DCR minimum and maximum prices might hit $32.75 and $40.69 accordingly.
How much will Decred be worth 2025?
Decred network is developing rapidly. DCR price forecast for 2025 is rather positive. The DCR average price is expected to reach minimum and maximum prices of $70.55 and $83.88 respectively.
How much will Decred be worth 2030?
DCR is provided with suitable environment to reach new heights in terms of price. DCR price prediction is quite positive. Business analysts predict that DCR might reach the maximum price of $523.92 by 2030. Please take into account that none of the data provided above is neither fundamental analysis nor investment advice. None of the information provided is
Disclaimer: Please note that the contents of this article are not financial or investing advice. The information provided in this article is the author’s opinion only and should not be considered as offering trading or investing recommendations. We do not make any warranties about the completeness, reliability and accuracy of this information. The cryptocurrency market suffers from high volatility and occasional arbitrary movements. Any investor, trader, or regular crypto users should research multiple viewpoints and be familiar with all local regulations before committing to an investment.
