#dcr
DCR ~ The Chinese version of Decred, which was founded in 2016, is a hybrid cryptocurrency based on the PoW + PoS mechanism.
In the early days, it was priced at around $0.75 to $0.8. At that time, I did not see the project team’s ICO in the Babbit community, but there were evangelists from the project team in the community emphasizing that the reason they did not conduct an ICO was that they felt ICOs were unfair in terms of distribution and costs.
This coin is mainly popular in the European and American markets, as well as in Japan and South Korea, so the Chinese community is not very interested in it.
This coin was only accepted and familiar to some people in China after it broke through $90 in 2018.
In the bull market of 2021, it broke through $200, with a total supply of 21 million coins.
I vaguely remember that in 2021, DCR mining machines were priced at 60,000 RMB each on Xianyu, and there was more demand than supply, producing 1.4 to 3 coins daily.
Although Decred has been very popular in the European community for many years, I personally have always considered it a Japanese project. I participated in several DCR transactions in 2019 and 2021.
In 2021, XMR, ZEC, DASH, and DCR were the four major mining coins...
In this bear market, Binance delisted the perpetual contracts for DCR, so I stopped paying attention to it. Recently, the surge in anonymous coins among the two major mining coins reminded me of this forgotten mining coin from over a year ago...
Over the years, I have a habit of not buying coins that do not have perpetual contracts on Binance because I believe that coins without contract restrictions can drop endlessly...
Remember, DCR was also the god of mining coins in the last two bull markets. Now that there are no contracts, everyone should conduct their due diligence...
