RATE Group | Why Decred (DCR) is the new Bitcoin
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Why Decred (DCR) is the new Bitcoin

28 May Why Decred (DCR) is the new Bitcoin

Posted at 22:54h in Bitcoin News by

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Of the many similarities Decred (Decentralized Credit) shares with Bitcoin, its steady bullish recent price growth very similar to BTC’s last year is what probably first draws more attention. Take a look at this graph:


Source: https://coinmarketcap.com/

Since its inception, Decred has grown around 11600%, rising to #30 in market cap. Since the beginning of 2018, many big altcoins had huge losses in growth, including Ripple, which lost 34% of their average market cap, and Nano, which lost 64.17%, while Decred grew 23,02%

Also, this is the Rate of Change in relation to Bitcoin for Ripple:

Source: https://coinigy.com/

And this is Decred’s:

Source: https://coinigy.com/

Decred is, financially, in a really good position right now. And when saying that Decred is the new Bitcoin, it’s not as a “silver standard” like Litecoin. Decred is coming to be the Bitcoin 2.0 we need.

Besides having a relatively similar history and being developed by the team which developed the…

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