Compare Decred (DCR) vs Monero (XMR) Coin

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On this page, you can compare Decred (DCR) with Monero (XMR). Which coin is better to buy now? What will be the better investment?

You can read more about cryptocurrency investment strategies in this article. Some additional rules you can also find here. Finally, you can read about the top 10 trading mistakes leading to failure in this article.

Company

User rating

4.3 / 5 3 user reviews 5 / 5 3 user reviews

Cryptogeek rating

3.6 / 5 4 / 5

Trust Score

How it works
4 / 5 3.95 / 5

About

Decred is currently based on cryptocurrency Blake 256 protocol. You can check Decred's market cap and volume on widget of our partner. Also you can see the latest DCR price on Cryptogeek.info. You can leave your feedback and reviews about Decred cryptocurrency here.
Monero is the most significant privacy-focused cryptocurrency on the market. It was created in 2014. The main feature of Monero is mixing of transactions in the blockchain. Third parties can't see amounts of money sent in transactions and addresses participating in operations, so all payments are untraceable. The developers are keeping it ASIC-resistant. It saves this network from centralization and gives an opportunity for GPU owners to earn something from mining Monero. Despite its lack of serious marketing campaign Monero has gained a strong following on different forums and social media platforms. In 2016 the price of Monero began to grow. Nowadays this currency is one of the top 15 cryptocurrencies by its market cap.

Type

coin coin

Founding Date

2016 2014

Country

International International

Languages

No data No data

Team

Public Not Public

Protocol

Public blockchain Public blockchain

Current price (USD)

14.9062 321.1938

All-time high (USD)

99.7400 495.8400

Price change (24h)

2.19 0.62

Volume (24h)

2483077.69021 32636373.35189

Hashrate

332900000 1

Max Supply

21000000.00000 No data

Total supply

No data No data

Circulating Supply

16836301.31349 18604194.04207

Transaction speed / Block time

7 26

Transaction fee

No data No data

Mining profitability

No data No data

Algorithm

BLAKE256 CryptoNight-V7

Proof type

PoW/PoS PoW

Fully premined

No data No data

Smart contract address

No data No data

Total coins mined

11749340.09957 17632039.18461

Is trading

yes yes

Block reward

14.644417129025 1.554846810247

Block time

299 120
Company
User rating User rating 4.3 / 5 3 user reviews User rating 5 / 5 3 user reviews
Cryptogeek rating Cryptogeek rating 3.6 / 5 Cryptogeek rating 4 / 5
Trust Score How it works Trust Score 4 / 5 Trust Score 3.95 / 5
About
Decred is currently based on cryptocurrency Blake 256 protocol. You can check Decred's market cap and volume on widget of our partner. Also you can see the latest DCR price on Cryptogeek.info. You can leave your feedback and reviews about Decred cryptocurrency here.
Monero is the most significant privacy-focused cryptocurrency on the market. It was created in 2014. The main feature of Monero is mixing of transactions in the blockchain. Third parties can't see amounts of money sent in transactions and addresses participating in operations, so all payments are untraceable. The developers are keeping it ASIC-resistant. It saves this network from centralization and gives an opportunity for GPU owners to earn something from mining Monero. Despite its lack of serious marketing campaign Monero has gained a strong following on different forums and social media platforms. In 2016 the price of Monero began to grow. Nowadays this currency is one of the top 15 cryptocurrencies by its market cap.
Type Type coin Type coin
Founding Date Founding Date 2016 Founding Date 2014
Country Country International Country International
Languages Languages No data Languages No data
Team Team Public Team Not Public
Protocol Protocol Public blockchain Protocol Public blockchain
Current price (USD) Current price (USD) 14.9062 Current price (USD) 321.1938
All-time high (USD) All-time high (USD) 99.7400 All-time high (USD) 495.8400
Price change (24h) Price change (24h) 2.19 Price change (24h) 0.62
Volume (24h) Volume (24h) 2483077.69021 Volume (24h) 32636373.35189
Hashrate Hashrate 332900000 Hashrate 1
Max Supply Max Supply 21000000.00000 Max Supply No data
Total supply Total supply No data Total supply No data
Circulating Supply Circulating Supply 16836301.31349 Circulating Supply 18604194.04207
Transaction speed / Block time Transaction speed / Block time 7 Transaction speed / Block time 26
Transaction fee Transaction fee No data Transaction fee No data
Mining profitability Mining profitability low Mining profitability low
Algorithm Algorithm BLAKE256 Algorithm CryptoNight-V7
Proof type Proof type PoW/PoS Proof type PoW
Fully premined Fully premined No data Fully premined No data
Smart contract address Smart contract address No data Smart contract address No data
Total coins mined Total coins mined 11749340.09957 Total coins mined 17632039.18461
Is trading Is trading yes Is trading yes
Block reward Block reward 14.644417129025 Block reward 1.554846810247
Block time Block time 299 Block time 120

Social

Website

decred.org ww.getmonero.org

Twitter

@decredproject Monero
Website Website decred.org Website ww.getmonero.org
Twitter Twitter @decredproject Twitter Monero

Advantages

Open-source Can be mined Secure Untraceable Could grow rapidly with arms trading Private, untraceable and unfungible

Disadvantages

Similar to other coins Not backed Transaction around 5 min Can be used for shady things Not physically-backed Risk of regulation

Rating

User rating User rating 4.3 / 5 3 user reviews User rating 5 / 5 3 user reviews
Cryptogeek rating Cryptogeek rating 3.6 / 5 Cryptogeek rating 4 / 5
Advantages Advantages Open-source Can be mined Advantages Secure Untraceable Could grow rapidly with arms trading Private, untraceable and unfungible
Disadvantages Disadvantages Similar to other coins Not backed Transaction around 5 min Disadvantages Can be used for shady things Not physically-backed Risk of regulation

Decred (DCR) user rating is 4.3, based on 3 user reviews. Monero (XMR) user rating is 5, based on 3 user reviews.

We also calculate the special Cryptogeek TrustScore based on the characteristics of each coin.

We choose the winner based on our TrustScore Rating. Please remember, it’s still up to you which company to choose! How do we calculate Trust Score?
Trust Score: 4 / 5 Write review
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Decred (DCR) features

At the moment Decred (DCR) price is 15.9062. Its 24h volume is 2,483,078.69021. 24h price change is 2.19.

Decred (DCR) max supply is 21,000,000.0. The circulating supply is 16,836,301.31349.

Decred (DCR) hash rate is 332900000. Decred (DCR) transaction speed/block time is 7. Block reward is 15.644417129025.

At the moment the number of coins mined is 11,749,340.9957. Mining profitability is low.

Decred (DCR) Cryptogeek user rating is 4.3, based on 3 user reviews.

Monero (XMR) features

Monero (XMR) price is 321.1938. Its 24h volume is 32,636,373.35189. 24h price change is 1.62.

The circulating supply is 18,604,194.4207.

Monero (XMR) hash rate is 1. Monero (XMR) transaction speed/block time is 26. Block reward is 2.554846810247.

At the moment the number of coins mined is 17,632,039.18461. Mining profitability is low.

Monero (XMR) Cryptogeek user rating is 5, based on 3 user reviews.

Some basic rules

When trading cryptocurrency, you should take into account the following rules:

Keep track of emotions

Put emotions aside and do not try to run after prices - the time will come and your token will go up. In a bull market, each asset has its finest hour.

Beware of hype

Transparency in the cryptocurrency market is a scarce commodity. Be on the lookout for everything you hear critically, and think about the possible reasons for the newsmaker before spreading the news.

Study the topic yourself, taking into account other people's opinions. Take the news critically. People name different reasons for the recent decline in the cryptocurrency market - these are :baseCompany futures, the Chinese New Year, the loss of interest in :baseCompany, and the downside game by large players ... However, it is possible that the whole thing is false news.

Don't be taken in by false news

An important lesson: do not believe the news, study the topic yourself.

Apply investments diversification strategy and risk management

Diversification is one of the oldest and most important concepts for an investor. Here's how to do it.

  1. Low risk, high market capitalization: 40% of your portfolio. These are the safest and most stable investments, 10 leading tokens. Popular options: :baseCompany, :compareCompany, Neo, and so on. These tokens most likely have a great future, and in the event of market volatility, they will be least affected.
  2. An average risk, average market capitalization: 30% of the portfolio. These are promising and developing projects with great growth potential from the top 50. Popular options: VeChain (VEN), ICON (ICX), Omisego (OMG), and so on.
  3. High risk, low market capitalization: 30% of the portfolio. Here we are talking about active trading and highly profitable instruments, and constant attention is required. This category may include, for example, Red Pulse (RPX) and Internet Node Token (INT).

Lesson: never put all your eggs in one basket.

Do not store tokens on exchanges

Lesson: while tokens are stored on the exchange, do not consider them as yours.

On this page, you can compare Decred (DCR) with Monero (XMR). Which coin is better to buy now? What will be the better investment?

You can read more about cryptocurrency investment strategies in this article. Some additional rules you can also find here. Finally, you can read about the top 10 trading mistakes leading to failure in this article.