In this guide, we will voice our own and market’s opinion on DCR future while discussing Decred price forecast for 2022 and beyond.

Please bear in mind that you should take this and any other prediction with a grain of salt since predicting anything is a thankless task, let alone predicting the future of a novel, highly volatile financial asset like Decred.

Now, let’s head into it. Before we delve deep into the Decred price prediction and answer questions if DCR is a good investment or not, why will DCR succeed or fail or why will Decred price rise or drop, let’s quickly throw a glance at what is DCR and its to date history.

Decred (DCR) is a cryptocurrency that was designed to provide a solution to the scalability problem that plagued Bitcoin. Decred (DCR) is a blockchain-based cryptocurrency launched in February 2016. The Decred token and protocol were created to facilitate open governance, community interaction, and sustainable funding policies.

Decred is designed to build upon the perceived flaws of Bitcoin. Specifically that Bitcoin is at risk of becoming too centralized and that it was too easy for large mining interests to dominate the dialogue over the future of the blockchain.

In order to prevent a similar problem occurring in the future, Decred gives its users the ability to vote on proposals regarding the future of the blockchain. To ensure that both miners and ordinary users have a say in how the blockchain develops, Decred joins Dash in combining Proof-of-Work and Proof-of-Stake consensus methods. Decred uses a decentralized lottery to select PoS miners to vote for PoW blocks. The PoS and PoW subsidies account for 60% and 30% of each block subsidy, with 10% being set aside to compensate developers for future work. This system is similar to the Proof-of-Activity system developed by Iddo Bentov, Charles Lee, Alex Mizrahi, and Meni Rosenfeld.

The DCR token is the focal point of the Decred ecosystem, with each token representing a voting right. There is a maximum cap of 21 million DCR coins available for mining. The circulating supply of DCR coins as of July 2021 is a little over half of this, 12.7 million.

The Decred (DCR) coin launched in 2016 with a starting price of $0.95. Its price peaked during one of the bull markets to $200, then dropping back.

The whole crypto market is currently on the verge of a real bull run.

There is no broader consensus as crypto analysts are divided as some of them are still calling this market a bull trap.

Others, lead by famous on-chain experts like Will Clemente and Willy Woo, are calling this a preparation stage for a face-melting bull run. As always, bitcoin has the final say and altcoins will follow suit once the flag bearer decides the direction. Right now, Bitcoin is sucking the life out of altcoins but once it settles in the new price range, altcoins will start to pump - we have witnessed this scenario dozens of times in the distanced and more recent history.

Our price prediction model is bullish for the next 90 days with a hint of a bear market at the turn of the year. We expect whales and other bigger players in the market to take their profits around that time which will cause a typical and sudden crypto crash.

CaptainAltcoin team created a price prediction model with a multi-faceted approach to crypto that takes into account both technical analysis and fundamental assessment of each project.

Fundamentals that we evaluate are team, tokenomics, use case, community, marketing efforts, liquidity and exchange availability, hype & speculative potential and some other proprietary factors developed in our crypto lab.



Below is a tabular overview of how will DCR develop in the short-term (for the next 90 days), according to our prediction model:

Quick reminder for crypto newcomers

Essential tools you need to succeed in crypto are a good exchange, safe hardware wallet and a reliable crypto tax tool.

If you plan to be a day trader, then a good charting tool and efficient trading bot are also a must.

If you plan to …

Essential tools you need to succeed in crypto are a good exchange, safe hardware wallet and a reliable crypto tax tool.

If you plan to be a day trader, then a good charting tool and efficient trading bot are also a must.

If you plan to be a holder, then why not put that crypto to work by borrowing it out on crypto lending platforms.

Below are our recommendations:

Exchange: Binance for highest liquidity and coin choice. Gate.io & KuCoin for gem hunters. ByBit for leveraged trading (Margex for really crazy leverages).

Safe hardware wallet: Ledger Nano X, Trezor or CoolWallet Pro.

Tax Tool: Koinly, Cointracking or ZenLedger.

Charting tools & bots: Bitsgap, Coinrule or Cryptohopper.

Lending platforms: BlockFi (for US residents), YouHodler (for EU and rest of the world).

Our prediction model sees a temporary switch to a bear market at the beginning of 2022 before we move onto another leg up in Q3 & Q4 of 2022.

Our prediction model sees DCR reaching new highs in 2025:

DCR price in 2030 & 2040 should be a couple of orders of magnitude higher than our 2025 prediction.

Read also:

The post Decred Price Prediction 2022 – 2025 – 2030 | DCR Price Forecast appeared first on CaptainAltcoin.

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