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Decred Price Prediction

An up-to-date Decred price prediction for 2022, 2023, 2024, 2025, 2030. Wondering what is the future of DCR price? Find out Decred price forecast with historical, fundamental and technical analysis.
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Decred Fundamental Analysis

Project name
Decred
Stock Symbol
DCR
Current Price
26.33
Current Supply
14402651.41202586
Launch Date
2016
Official Website

Decred – abbreviated as DCR and short for Decentralised Credit – is a sustainable autonomously-run digital asset with changes voted on and introduced directly by those who use and mine the crypto. DCR has adapted the most-liked features of Bitcoin combining them with total decentralization, democratic self-governance, and responsive framework. DCR was created by the same team that was involved in the early stages of Bitcoin development and who created btcdsuite, a Bitcoin implementation in Go. The developers identified an inefficiency in the way BTC works: the decision-making process behind the crypto became excessively centralized and significant changes and upgrades were no longer possible without a hard fork. The team thus embarked on a quest to make Decred everything that Bitcoin could have been but failed in the long run. The team behind DCR is focused on keeping its decentralized community motivated to contribute. Unlike many other blockchains, Decred allows anyone to submit a proposal for improvement, which is voted on Politeia by the stakeholders who decide if it is approved or not. Once the improvement is approved by the Assembly, it is developed and tested before being added to the original code as “dormant code”. After this, the community of miners and stakers can vote on the improvement. Tracking is done through Politeia – an unregulated time-stamped software. Successfully passing an improvement required a 75% majority. If the majority cannot be reached, the voting is started over. Another innovation implemented by Decred is the Lightning Network, which operates as an off-blockchain means of resolving payments. This decentralized network uses smart contracts to enable instant transactions across a network of participants.

Decred Live Price Chart

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Decred Technical Analysis

Despite the fact that 100% accurate technical analysis for Decred cryptocurrency is hardly possible, on this advanced technical analysis tool by TradingView you can see the real-time aggregated DCR buy-and-sell rating for selected timeframe. The summary for DCR/USD is based on the most popular technical indicators — Moving Averages, Oscillators and Pivots.

Decred Price Prediction

Below we have collected the most reliable price projections for Decred (DCR) from popular forecast platforms.

Decred Price Prediction for 2022

As of the end of 2022, Decred price predictions are mostly pessimistic, predicting a decline to $11.0586 (WalletInvestor) and even lower, down to $0 (according to TradingBeast) by the end of 2022.
Potential ROI: -82% Sell

Decred Price Prediction for 2023

According to TradingBeast, in 2023 Decred price is predicted to decline to $0, which makes Decred a poor investment option. WalletInvestor, in turn, predicts the price drop to $18.6943, and PricePrediction.net agrees with a predicted price fall down to $9.7421.
Potential ROI: -64% Sell

Decred Price Prediction for 2024

Decred price predictions for 2024 are still predominantly positive, with some analysts promising prices in the $45.8142–$51.6068 range (WalletInvestor, PricePrediction.net), while TradingBeast takes a different view and cites the possibility of the price reaching $0 in December 2024.
Potential ROI: 23% Buy

Decred Price Prediction for 2025

WalletInvestor has only optimism in store for the 2025 Decred price prediction, valuing Decred at $31.8593 by the end of 2025. PricePrediction.net agrees with a positive forecast and predicts, in turn, $38.4418 for the same period. On the other hand, TradingBeast’s team is more pessimistic — their Decred price prediction for December of this year is just $0.
Potential ROI: -11% Sell

Decred Price Prediction for 2030

Most experts are expecting a bleak future for Decred: long-term Decred price predictions promise significant decline by 2030. PricePrediction.net predicts the price to reach $20.2741, while WalletInvestor goes down for $10.532. TradingBeast also puts not so big hopes on Decred in the long term: its Decred prediction for 2030 is $0.
Potential ROI: -61% Sell
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Summary

As it can be clear from the analysis cited above, Decred (DCR) projections are rather contradictory. There is no universal consensus either about positive or negative future DCR price movements. Indeed, the future possible growth depends on various factors: announcements, new technological solutions of the Decred projects, the crypto environment in general, legal position, and so on. We kindly remind you that before investing in any cryptocurrency, it is essential to do your own research (DYOR).
Disclaimer: This article should not be considered as offering trading recommendations. The cryptocurrency market suffers from high volatility and occasional arbitrary movements. Any investor should research multiple viewpoints and be familiar with all local regulations before committing to an investment.

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