Discover the 7 top Sui meme coins in 2025, from MIU to HIPPO, as they gain traction with fast growth, strong communities, and unique use cases.

 blockchains, have continued to rally as investors make bold moves with renewed risk appetites. As a 

 blockchain, Sui has continued to attract crypto enthusiasts — especially meme coin lovers, who appreciate the platform's speed and affordability.

Recent surges in trading volumes and market caps of SUI meme coins — such as MIU, LOFI and BLUB — highlight growing investor interest. For instance, BLUB experienced an 88% increase in just 24 hours from Apr 22–23, 2025, contributing to the broader rally of SUI as its price surged over 63% in April 2025.

These coins often incorporate unique themes and philanthropic efforts, such as HIPPO's wildlife conservation donations, that foster strong community support.

Let's look at the top Sui meme coins making waves in the crypto market.

​Sui-based meme coins are rapidly gaining traction due to a combination of technological advantages and vibrant community engagement. The 

 parallel transaction execution and unique gas pricing mechanism enable ultrafast transaction speeds and minimal fees. This makes Sui an ideal platform for the high-volume, speculative trading that meme coins often entail. Sui’s scalability and secure Move programming language attract developers seeking efficient and safe environments for launching their new tokens.​

 (DeFi) further supports meme coin growth, providing avenues for increased utility beyond mere speculation. Following are the top ​Sui meme coins based on market cap, as of Apr 30, 2025.

 is currently the leading ​Sui-based “cat meme coin,” with a market cap of $70.6 million. It draws in investors with its fun, energetic branding and community-driven spirit. MIU also features expanded utility beyond its cute cat hype, allowing users to access DeFi and 

 (NFT) opportunities on its platform. It also promotes long-term commitment via its 

 process, as stakers can earn up to 15% APR with 12 months of staking.

The project frequently launches community events and contests, strengthening its dedicated holder base. MIU’s success highlights the growing appetite for meme tokens on scalable blockchains like Sui. Its playful appeal and strong tokenomics have positioned it at the top of the ​Sui meme sector. MIU is a 

 coin: its total supply is 9 trillion tokens, of which 55% are dedicated to a 

, 15% allocated to staking rewards, 15% to ecosystem development, 10% to community and 5% reserved for the team.

MIU continues to ride the wave of growing meme adoption, aiming to become a lasting force within the Sui ecosystem and beyond.

With a market cap of $35.86 million and over 50 million app users, 

 (MEMEFI) is an ambitious Telegram project that blends the world of memes with SocialFi utilities. Unlike typical meme coins that rely solely on hype, MemeFi aims to engage Telegram users with an interactive web3 meme-themed clicker game that offers daily giveaways and incentivizes ad creations for enterprises.

Its native token, MEMEFI, is more than just a mere meme coin, and has use cases for 

You can trade MEMEFI on Bybit’s Spot trading platform (

 is a rising ​Sui meme coin known for its chill "lofi vibes" branding that resonates with a younger, internet-native audience. Beyond its fun appearance, LOFI has demonstrated solid growth by tapping into communities through music, lifestyle and crypto.

The project also ties in eco-conscious initiatives, focusing on providing clean water sources for global communities and addressing the impact of ocean waste and plastic on marine health, giving it a mission-driven angle not typically seen in meme coins. Besides direct donating, minting LOFI Mystic Yetis NFTs also helps contribute to the cause, with 20% of the proceeds going to the LOFI Foundation.

Lofi’s accessible vibe and shrewd marketing strategy continue to attract new supporters, helping LOFI to stand out in the increasingly crowded ​Sui meme scene. 

 (commonly known as HIPPO) is a community favorite in the ​Sui meme world. The HIPPO token mixes humor with philanthropy, donating a portion of its revenues to wildlife conservation initiatives, starting with Thailand’s Khao Kheow Open Zoo that houses Moo Deng, the adorable pygmy hippopotamus that inspired this viral meme coin. This feel-good approach has helped build an extremely loyal community around the HIPPO token.

Sudeng’s dual focus on memes and real-world impact gives it staying power. The project’s growing community engagement ensures that HIPPO remains relevant in a fast-moving crypto space.

You can buy HIPPO as a USDT Perpetual contract on Bybit (

 is making waves in the ​Sui meme coin ecosystem with its aquatic-themed branding and integration of meme culture. Known for its friendly, community-first approach, BLUB frequently hosts giveaways, meme competitions and liquidity incentives to maximize engagement.

The coin’s fun branding and its steady increase in active users have helped BLUB climb the ranks quickly. Its strong online presence and viral meme campaigns have attracted crypto enthusiasts who are looking for the next breakout meme project. As it continues building partnerships and expanding its reach, BLUB demonstrates strong potential to become a staple in the Sui meme scene.

 (TOILET) is a rising meme coin on ​Sui that embraces humor and absurdity in a way that resonates with crypto culture. Its branding focuses on being intentionally ridiculous, tapping into the viral tone of meme coins that don't take themselves too seriously.

The project’s organic, community-driven growth has made it one of the most talked-about newer entrants in the ​Sui meme space. Frequent meme contests, community raids and spontaneous airdrops help fuel engagement. One of its biggest events is the distribution of Toilet Club Alpha Pass NFTs to the top 100 TOILET holders (as indicated by the Apr 21, 2025 screenshot), which gives holders access to all of Toilet Dust's projects and events and the right to vote on Toilet Dust's future development.

Despite its humorous façade, TOILET’s strong holder base and active marketing tactics suggest it may remain relevant as Sui’s meme coin ecosystem continues to expand.

 (FUD), another top project in the ​Sui meme coin category, is built around an adorable pug mascot battling FUD (fear, uncertainty and doubt) in the crypto world. With a humorous tone and clever marketing, FUD has built a vibrant community of holders who embrace both its memes and its mission.

FUD leverages trending memes, contests and airdrop rewards to keep its community marketing fresh and viral, helping it steadily grow in popularity. Its deep integration of ​Sui apps like 

 — as well as its deflationary tokenomics, whereby 20% is dedicated to token burning — makes FUD a strong contender for future growth in the meme space.

Buying ​Sui meme coins on Bybit can be exciting. Nevertheless, it's important to recognize the risks and rewards involved. 

, and their prices can swing wildly and quickly, offering chances for sizeable gains as well as sudden losses.

Always approach these investments with caution, never risking more than you can afford to lose. That said, the fast-growing ​Sui ecosystem and meme culture can create rewarding opportunities for traders who stay informed and manage their risk properly.

Currently, you can buy MEMEFI as a Spot pair and Perpetual contract on Bybit. HIPPO is also available as a Perpetual contract. This gives traders the flexibility to choose the type of exposure they want — simple buying and holding with Spot, or leveraged trading with Perpetual contracts.

Spot trading is the most straightforward way to buy ​Sui meme coins, as you directly purchase the coin and own it outright. On Bybit, the process is simple. After choosing the Spot pair, such as MEMEFI/USDT, select your preferred order type — e.g., 

(you set the price you're willing to pay) — and confirm the trade to make your purchase.

Spot trading is ideal for beginning traders, as well as anyone who prefers a more straightforward, lower-risk approach as compared to 

Buying Sui meme coins as Perpetual contracts

Bybit offers MEMEFI and HIPPO as USDT Perpetual contracts for those seeking more advanced trading options. With Perpetual trading, you don’t own the actual coins; instead, you speculate on their price movement. Key points to understand include the following:

Perpetual contracts can offer significant rewards, but require a strong understanding of 

. Always start with lower leverage and practice solid trading discipline.

Whether you prefer the simplicity of Spot or the strategy of Perps, Bybit provides flexible ways to explore the booming ​Sui meme coin market.

The rapid rise of meme coins on the Sui blockchain highlights the power of community-driven projects when they’re paired with innovative technology. Thanks to Sui’s high-speed transactions, low fees and developer-friendly environment, Sui meme coins like MIU, LOFI and HIPPO have found a perfect ecosystem in which to thrive. Each project brings something unique to the table — whether humor, philanthropy, DeFi innovation or pure meme culture — creating a vibrant and diverse ​Sui meme coin landscape.

Beginner

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7 top Sui meme coins to pay attention to in 2025

Mastercard has partnered with Circle, Paxos, and Nuvei to allow 150 million merchants to accept stablecoin payments. 

Daily top performer — Drift Protocol (DRIFT)

The S&P 500 rose 0.58% for a sixth straight gain as markets await key inflation and GDP data, alongside earnings from Meta and Microsoft. Gold fell 0.60% to $3,323 as a stronger USD and improved risk appetite limited safe-haven demand. Prices remained range-bound, with key levels at $3,260 support and $3,400 resistance. The Coindesk Indices, which tracks the broader crypto market, rose 0.51%, with Bitcoin and Ether up 0.55% and 1.31%, respectively in the past 24 hours. Trade these markets and more with up to 500x leverage on Bybit MT5 using this 

Today's top performer is DRIFT, which surged 28.7% following the introduction of Amplify, Drift's tool for simplified leverage that boosts yields with increased risk.

Drift Protocol (DRIFT), founded in 2021, is a decentralized exchange (DEX) on Solana offering spot trading, perpetuals, and market-making tools. Drift v2 builds on this by improving trading efficiency, security, and user-centric features, incorporating community feedback to enhance the platform. 

 by Drift automates leveraging strategies for higher yields by recursively borrowing against yield-generating assets. It simplifies the process, making leverage accessible with one click. However, risks such as liquidation, changing interest rates, and oracle failures exist. Amplify is designed for users with JLP or SOL LSTs seeking to boost yields with minimal complexity but comes with increased risk.

Check out the latest prices, charts, and data of 

 with Circle, Paxos, and Nuvei to allow 150 million merchants to accept stablecoin payments. The company aims to make it easier for both merchants and consumers to use stablecoins, promoting blockchain technology's mainstream adoption. Additionally, Mastercard has launched a crypto payments card with MetaMask, enabling self-custodied fund transactions with fast processing speeds. Stablecoin market growth is expected to reach $3.7 trillion by 2030.

Yesterday, Bitcoin spot ETFs saw $43.9 million in net outflows, all from non-GBTC funds, while GBTC recorded zero flows.

, a Layer-1 blockchain focused on AI agents and user-owned IP, is offering a limited-time free ticket to its Summit Series for the next 18 hours. Users can also join the Camp Points Program by completing simple tasks to earn points, which may qualify them for a future $CAMP token airdrop. A minimum of 30 points is required to be eligible. Daily check-ins earn bonus points. VPN use may be needed for access.

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Mastercard partners with Circle, Paxos, and Nuvei to enable stablecoin payments for 150 million merchants

Gold's meteoric rise in 2025 is closely tied to broader macroeconomic factors, particularly the performance of the US dollar and global stock markets. 

Gold's meteoric rise in 2025 is closely tied to broader macroeconomic factors, particularly the performance of the US dollar and global stock markets. A weakening dollar, combined with disappointing equity returns, has created a fertile environment for gold to thrive. With gold priced in dollars, any depreciation in the US currency enhances gold's relative value, attracting both domestic and international investors.

Year-to-date, gold has gained 26%, while the S&P 500 has declined by 11%. This inverse relationship underscores gold's role as a traditional 

 during periods of economic uncertainty and market volatility.

Adding to the bullish momentum, inflationary pressures are remaining persistent, further eroding the purchasing power of fiat currencies and boosting gold's appeal as a hedge against currency devaluation.

Geopolitical uncertainty and tariff risks

Trade policies under U.S. president Trump have reignited fears of global tariff wars. The uncertainty surrounding tariffs has prompted investors to seek refuge in gold, considered the "global currency" during times of economic disruption. Concerns about tariffs on key commodities, including gold itself, have added another layer of complexity to market dynamics.

Potential tariffs on gold could mirror the recent surge in copper prices, as supply constraints and increased demand drive costs higher. Exporters and importers, wary of volatile exchange rates, are increasingly opting to hold gold instead of more vulnerable currencies like the Canadian dollar (CAD), Japanese yen (JPY), euro (EUR), Chinese yuan (CNY) and Mexican peso (MXN).

By serving as a neutral reserve asset, gold provides much-needed stability amid shifting trade patterns and geopolitical tensions. As global commerce adapts to new tariff structures, the demand for gold as a "store of value" is likely to intensify.

Interestingly, the ongoing trade war dynamics suggest that for the first time in decades, gold may be emerging as the 

. As U.S. imports become more expensive due to tariffs, exporting countries earn less revenue and, consequently, reduce their investments in US Treasuries. This dynamic has led to selling pressure on Treasuries, weakening their traditional role as a safe-haven asset — and with Treasuries losing their appeal, investors are increasingly parking their capital in gold, reinforcing its unique position during this period of heightened trade tensions.

From a technical standpoint, gold's rally appears robust. The 

 (MACD) indicator remains positive, signaling that bullish momentum is intact. Notably, the 12-day moving average is above the 26-day moving average, confirming that short-term price action is outpacing longer-term trends.

 (RSI) stands at 60, indicating that while gold is nearing overbought territory, momentum hasn’t yet faded. This technical setup suggests that gold could continue its upward trajectory in the near term, especially if macroeconomic and geopolitical factors remain supportive.

The next upside technical target is pegged at $3,500, with analysts projecting a potential move toward $4,000 by year end if current momentum holds.

China's role in supporting gold prices cannot be overstated. Amid a deepening economic slowdown and strict capital controls, Chinese investors are increasingly turning to gold to preserve their wealth. With over 1.4 billion citizens seeking alternatives to a weakening yuan, demand for gold within China has surged.

This trend is reflective of a broader shift in emerging markets, whereby gold is viewed not just as an investment but as a critical safeguard against economic instability and currency depreciation. Intensifying Chinese demand provides an additional tailwind to global gold prices.

While gold commands the spotlight, silver presents an intriguing complementary opportunity. Historically correlated with gold, silver remains significantly below its ATH of $50, which was set in 2011. Given the momentum in precious metals, silver's relative undervaluation offers considerable upside potential for investors seeking diversification.

With industrial demand also supporting silver prices, silver could benefit from both safe-haven inflows and economic recovery scenarios, making it a compelling addition to a diversified precious metals portfolio.

In conclusion, gold's impressive surge to record highs is being driven by a combination of macroeconomic headwinds, geopolitical uncertainty and strong technical indicators. Trade policy risks, the weakening dollar and growing demand from China reinforce gold's role as a premier safe-haven asset.

Because technical momentum remains positive and investor sentiment strong, gold appears well positioned to continue its ascent toward the $3,500 mark by year end. Investors seeking to hedge against economic instability and currency volatility will likely find gold — and potentially silver — to be attractive additions to their portfolios in 2025.

Advanced

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Bybit x FxStreet Report: Gold could reach US$4,000 per ounce by 2025

USD1 is a stablecoin developed by WLFI that’s fully backed by short-term US government treasuries, US dollar deposits and other cash equivalents. Learn more.

, it seems that everyone is getting involved with creating and launching their own 

 these days. As something that is the lifeblood of every crypto ecosystem today, stablecoins are essential for crypto traders because they provide a stable asset for use as a 

 against the high volatility that’s inherent in other crypto assets like 

. This stability allows traders to protect their assets, particularly during market downturns when the value of more volatile cryptocurrencies can decrease rapidly. This is one reason among many why entities like 

 (WLFI) are stepping up to launch their very own USD1 stablecoins. 

Curious as to what makes USD1 different from the rest of the stablecoins? From understanding why WLFI is joining the stablecoin race to digging into what makes USD1 unique, our USD1 stablecoin guide will help you understand the impact of WLFI’s stablecoin efforts in the grand scheme of things.

 is a stablecoin developed by World Liberty Financial that’s fully backed by short-term US government treasuries, US dollar deposits and other cash equivalents. Designed (among other reasons) to provide stability in an otherwise inherently volatile market, USD1 offers users a reliable digital asset that maintains a 1:1 peg with the US dollar. This means that for every USD1 token in circulation, there is an equivalent amount of reserves held securely.

One of USD1’s standout features is its custodial arrangement with BitGo, a leading provider of institutional-grade security for digital assets. With BitGo managing its reserves, USD1 aims to promote transparency and trustworthiness. These are two critical factors for retail traders and beginners entering the crypto space.

Additionally, USD1 is compatible with major blockchain networks, such as Ethereum and Binance Smart Chain (BSC), making it versatile and accessible for a wide range of use cases. Whether you’re looking to trade cryptocurrencies, participate in 

 (DeFi) or make cross-border payments, USD1 provides a seamless solution.

Why is World Liberty Financial launching a stablecoin?

The decision to launch USD1 stems from World Liberty Financial’s vision to empower individuals and institutions with secure and accessible financial tools. Here are some key reasons behind this strategic move.

Addressing the demand for stablecoin alternatives

The crypto market has seen exponential growth in recent years, with stablecoins playing an increasingly prominent role because of their innate stability. Retail traders are seeking alternatives to traditional banking systems that offer faster transactions and lower fees. That's where USD1 comes in, as it caters to this demand by providing a stable digital asset that’s fully backed by short-term US treasuries, US dollar deposits and other cash equivalents. Additionally, USD1 eliminates transaction fees on minting and redemption, making it even more accessible for users in the market for stablecoins.

 face criticism over their lack of transparency regarding reserve management and overall transparency. To combat this, WLFI aims to set a new standard for trustworthiness in the stablecoin industry with transparent backing. Also, by partnering with BitGo and delegating it to hold its reserves, WLFI aims to ensure a high standard of transparency and security for users and institutions alike as USD1 reserves are subject to quarterly independent audits and real-time on-chain verification.

DeFi has revolutionized the way people access financial services, but it relies heavily on stablecoins for liquidity and transactions. USD1’s compatibility with multiple blockchains like Ethereum and BSC ensures seamless integration into DeFi protocols. This multichain approach supports a wide range of use cases, from retail payments to institutional liquidity management and cross-border settlements.

USD1 would operate as a fully-backed stablecoin that maintains its peg to the US dollar through meticulous reserve management and blockchain technology integration. Here’s a deeper look at its inner workings.

As previously mentioned, each USD1 stablecoin is backed by an equivalent amount of reserves held in US dollars or highly liquid US Treasury securities that are held in custody by BitGo. Thanks to this institutional-grade security and transparency designed to verify reserve holdings, users will be inclined to have more confidence in the stability of their assets.

USD1 is designed to function on leading blockchain networks, such as Ethereum and BSC. Its smart contracts have undergone independent security audits, and utilize multi-signature approvals for transactions, ensuring robust operational security. This interoperability allows users to transact across multiple platforms while benefiting from low fees and high-speed transfers.

WLFI prioritizes compliance with global regulations to ensure that USD1 remains a trusted asset for users worldwide. The platform incorporates 

 protocols, making it suitable for both retail and institutional users who require compliance with international financial standards. By adhering to strict guidelines and conducting regular audits, the company minimizes risks associated with regulatory scrutiny.

How will this impact the current crypto landscape?

The introduction of USD1 has significant implications for the broader crypto ecosystem.

USD1 enters a market dominated by established players like 

. By placing an even greater emphasis on transparency, security and compliance, USD1 adds to the ongoing evolution of industry standards. Its approach may encourage further improvements across the stablecoin ecosystem as the market continues to mature.

Empowering retail traders and driving institutional adoption

For retail traders, USD1 effectively offers an accessible way to engage with crypto without worrying about volatility. Its user-friendly design could encourage more individuals to explore digital assets.

On the institutional side of things, USD1’s regulatory-first design and institutional-grade infrastructure are likely to attract greater institutional participation, providing reliable liquidity for trading, settlement and DeFi applications.

USD1’s transparent reserve management and compliance features may set new industry benchmarks, pressuring other stablecoin issuers to adopt similar practices and potentially shaping future regulatory frameworks.

Stablecoins are integral to DeFi protocols as they provide liquidity for lending, borrowing and trading activities. With its compatibility across major blockchains, USD1 could become a preferred choice for DeFi participants seeking reliable assets.

USD1’s stability makes it an ideal tool for cross-border payments and remittances. By eliminating currency conversion fees and delays associated with traditional banking systems, this stablecoin could revolutionize international commerce.

However, USD1’s launch has also raised concerns regarding potential conflicts of interest, regulatory arbitrage and political influence, highlighting the need for ongoing oversight as stablecoins gain prominence. These risks and criticisms extend beyond the typical scrutiny faced by stablecoins, touching on issues of governance, constitutional law, financial stability and the integrity of US political institutions.

Conflicts of interest and political influence

USD1 stands apart from other stablecoins due to its direct association with a sitting or former US president and his family, who reportedly control 60% of World Liberty Financial’s equity. This unprecedented overlap between private financial interests and public regulatory power raises the specter of significant conflicts of interest. Critics argue that a major political figure issuing a stablecoin could shape regulations to benefit their own financial product, or monetize public policy for personal gain. Such actions could ultimately blur the line between state and personal interests and undermine democratic safeguards.

The introduction of USD1 raises concerns about regulatory arbitrage, whereby gaps in regulations could be exploited. Thus, there are understandably fears that political influence could compromise the impartiality of regulatory agencies, undermining oversight. 

Furthermore, if USD1 gains widespread use without strong federal oversight, it could pose a systemic risk to financial stability, potentially opening it to use for political leverage. Questions also persist regarding the transparency and real-time verification of USD1's reserves, despite claims of full backing by US Treasuries managed by BitGo.

Due to the global and open nature of stablecoins, USD1 could potentially be acquired by anyone, including sanctioned individuals or foreign governments, raising concerns about foreign influence. Observers worry that foreign entities might use USD1 to gain favor or leverage over US policy, bypassing traditional safeguards. Additionally, reported investments from controversial figures under investigation are fueling concerns about the potential for illicit funds entering the DeFi system through USD1.

The potential for those controlling USD1 to influence its regulation creates a conflict of interest, opening doors for market manipulation. Access to regulatory levers and inside information could allow them to unfairly advantage USD1, damaging market competition and investor trust. This situation could also set a dangerous precedent, encouraging other political figures to launch similar ventures — and further blurring the lines between public service and private financial gain.

Calls for oversight and legislative action

In response to these multifaceted risks, prominent lawmakers are demanding ethical investigations and the implementation of stronger regulatory frameworks specifically designed to address the challenges posed by “politically connected” stablecoins such as USD1. Ongoing congressional debate surrounding stablecoin legislation highlights the urgent need to establish clear rules to ensure transparency, compliance and the protection of both the financial system and democratic processes as these digital assets become more globally integrated.

World Liberty Financial’s launch of USD1 marks an important milestone in the evolution of stablecoins. By emphasizing trustworthiness, transparency, usability and regulatory compliance, USD1 addresses key concerns faced by retail traders and institutions alike. Whether you’re new to crypto or an experienced trader looking for reliable assets, USD1 offers a secure gateway into the digital economy. As stablecoins continue to play an essential role in driving global crypto adoption, innovations like USD1 pave the way for a more inclusive financial future.

Intermediate

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USD1: World Liberty Financial's solution to stablecoin demand

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Altcoins

Decred is a cryptocurrency built on Bitcoin's code and it utilizes a community-based governance system. Find out more about how it works in this article.

Many people were first introduced to the idea of cryptocurrency thanks to 

. It’s the oldest continuously active cryptocurrency (2009), having boasted a reliable blockchain technology that wowed its early adopters. However, as 

 by Company 0, Bitcoin’s perceived problems, which included inefficient governance, lack of development funding and excessive miner power, became more prominent as mining operations grew.

As a result, more companies created their own cryptocurrencies, seeking to offer improved features. A group of core developers, however, decided to modify Bitcoin’s codebase instead and create a community-directed cryptocurrency called 

. Read on as we learn about Decred and how it’s designed to be better than Bitcoin.

Decred is a cryptocurrency built on Bitcoin's code, but with a unique 

 process. Unlike many other cryptos, Decred lets all stakeholders vote on making changes to the blockchain.

Originally started as a Bitcoin fork, Decred has evolved into its own distinct project. The main identifying feature of this cryptocurrency is its community-based governance integrated within its system. All users can propose potential changes which stakeholders then vote on.

In addition to its unusual community-based governance process, the Decred system also stands out for its hybrid proof of work (PoW)/proof of stake (PoS) mechanism designed to create a more robust notion of consensus. 

 miners can receive Decred crypto rewards, called DCR, by processing transactions to open a new block on the chain. Anyone who has DCR coins can then stake these coins to become involved in the 

 validation. This verification lets them receive part of the block reward.

The Decred network is one of the earliest hybrid proof of work/proof of stake crypto models. Its history dates back to BitcoinTalk forums in 2013. The crypto was first introduced as 

. White papers posted by a person calling themself Adam Mackenzie emphasized key features such as allowing users to vote and creating a hybrid proof of work/proof of stake system. This innovative idea quickly picked up steam, and a year later, 

The founding core team of the Decred ecosystem is still somewhat unknown. The user named “tacotime” would go on to create 

 while continuing to remain anonymous. Under Company 0’s guidance, Decred was finally formally launched in early 2016.

Over the years, the crypto has undergone many changes. Since it allows user input, a variety of unique and creative ideas have been implemented. In 2017, the Decred blockchain started allowing Decred users to swap tokens with other blockchains. These 

 let people exchange tokens without needing a third-party exchange system. Another helpful addition was the 2019 update that added 

 and off-chain transactions to the network. In 2020, the crypto launched the Decred 

 exchange, which facilitates even more trades.

Decred uses a built-in system to manage community involvement fairly and efficiently. Called the 

, this interface lets all valid community users submit proposals. Proposals can be upvoted and downvoted, similarly to Reddit, to attract more interest from other users. Each Politea proposal is then voted on by stakeholders. Only those who have time-locked DCR are able to vote. To prevent spam or malicious actions, all proposals require a small fee, and administrators can remove proposals they deem to be spam. A proposal is only adopted if 20% of all eligible voters vote and 60% of these votes are a "Yes."

To create the DCR crypto token, the blockchain network runs on the BLAKE algorithm. This hashing algorithm involves using 32-bit words to produce 256-bit digest sizes. It's a fairly early crypto algorithm that still has a lot of benefits. Decred uses it because it 

. The BLAKE-256 algorithm has also gained industry approval for its efficiency- and security-oriented solutions.

The final key to how Decred works is in its blockchain reward allocations. Every block is divided up into multiple rewards to accommodate the hybrid proof of work/proof of stake model. The miners who actually process the transactions by completing computations get 60% of the total block reward. The stakeholders who validate new entries by staking crypto get 30% of the total block reward. The final 10% of each block reward goes into the Decred treasury, which saves assets for development funding to ensure that outside influences can't sway the blockchain's direction through funding.

As one of the earliest cryptos, Decred is often compared to Bitcoin. There are quite a few similarities between the two cryptocurrencies. The initial Decred chain was a Bitcoin fork, so it uses a similar hash function to create tokens. Both cryptos also have the same maximum supply of 21 million tokens. Since they're so similar, they have roughly the same amount of privacy, security and complexity.

However, Decred and Bitcoin aren't identical. The biggest differences are in the way the blockchains are run. Bitcoin has a small board of developers who direct the blockchain's progress and implement new changes. Meanwhile, Decred takes input from the entire community, so it's even more decentralized. Furthermore, Decred doesn't rely solely on a PoW consensus system as Bitcoin does. Its hybrid model provides some additional sustainability and scalability, and it also gives users additional ways to receive block rewards.

In addition to the philosophical differences in how the blockchains work, there are also plenty of smaller differences in their finances and functionality. Decred’s production moves much slower than Bitcoin’s. Its block time is roughly half that of Bitcoin’s, and far fewer DCR tokens have been fully mined. Since DCR isn't as popular as BTC, it tends to be much more affordable. As of August 2022, BTC is roughly 600 times the price of a DCR token. DCR is typically a little more stable than BTC, so the price doesn't jump around quite as much.

Decred is a popular crypto option because it contains so many helpful features. Here are some of the main highlights of working with this type of cryptocurrency.

PoW is Decred’s primary mining system. Miners use computational energy to solve hash functions, and then they create blocks. Miners get 60% of each block they mine. This consensus provides crypto security and incentivizes efficiency and speed. Unlike other cryptos, however, mined blocks 

Decred Coin Staking: Proof of Stake Governance

To validate transactions, Decred uses a staking system. Coin owners 

 that give them the chance to validate a block. For every block, five out of a pool of 20 tickets are chosen, and then the ticket owners verify the blocks. These validators receive 30% of the reward for each block. The PoS system makes it a little easier to protect against centralization because voters can invalidate blocks when necessary.

The Decred treasury is a store of crypto tokens with which Decred users can implement various changes on the blockchain. This treasury is constantly growing, because a small portion of each new block goes into the treasury, which is currently valued at around $21 million. Since the crypto is self-funded, it is less at risk of outside investors having undue influence.

 options. One of its most popular is Decrediton. This graphical UI wallet makes it easy for users to access a variety of features. You can quickly see your DCR total, make on-chain transactions, participate in voting or stake new blocks. It’s available for Windows, macOS and Linux.

Decred also gets users involved in their security. The 

 lets people submit warnings for any bugs they find. There’s a payout system that’s based on how likely the bug is to occur, how much the vulnerability could impact the crypto and whether the user also submits a patch. People can make anywhere from $500 to $30,000 worth of DCR. This provides a lot of benefits for both the blockchain and the community. It helps make security more robust, and gives people an avenue for earning extra DCR.

To make the blockchain as transparent as possible, Decred offers 

 options. Users can look up individual blocks and view their transactions. They can also look at votes, ticket purchases and other details. Despite providing a lot of interesting user data, the block explorer doesn’t give away user identity because Decred still prioritizes user privacy.

People commonly favor PoS consensus for its sustainability. DCR’s hybrid model gives users the benefits of PoW while still reducing environmental impact. Since stakeholders validate blocks, fewer resources are used to generate new tokens.

As of August 7, 2022, DCR tokens are selling at around $37. The coin’s all-time high was $249 in 2021, with an all-time low of $0.43 in 2016. Decred has a circulating supply of 14.2 million tokens, and its market cap is $500 million as of the time of this writing. Though it isn't one of the top coins on the market, DCR consistently ranks within the top 100.

DCR generally exhibits low volatility because its governance process encourages users to stake their tokens. Since people get incentives for holding onto their DCR, the coin is less susceptible to panic selling or day trading. DCR is usually closely compared to BTC, so it's no surprise to see that DCR prices tend to rise and fall roughly with BTC. However, DCR’s peaks and valleys are far less drastic.

Since Decred has community-based governance, it doesn't follow a strict road map like many other cryptos do. Users can start proposing changes at any time they want, so all sorts of surprising features can be added. That being said, there’s still some consensus about where everyone wants the blockchain to go. The company's developers are already working on implementing recent proposals, and users are discussing different solutions for updating the crypto in the future.

In general, the main focus of Decred right now is enhancing privacy and functionality. Most

 for 2022 discuss ways of enhancing the Decred community. There are plans to add more plug-ins for user authentication, notifications and DCR payments. Other future projects include privacy upgrades, more communication options for users and better support for the 

Altogether, these plans will help enhance privacy and decentralization, while making the Decred governance process and crypto trading systems easier to use. Thanks to a fairly large treasury balance, they’ve been able to hire plenty of developers to work on their projects. Therefore, users can expect to see most of these proposals implemented fairly soon.

For the most part, DCR prices look promising. Its summer 2022 prices have hovered in the $20 to $60 range, which is lower than its all-time highs but still much higher than pre-pandemic prices. If it continues to mimic general BTC trends as closely as it has in the past, then DCR prices are likely to increase slowly but steadily throughout the rest of 2022.

A price increase of around $10 to $20 within a year is a fairly reasonable estimate. In the future, prices for Decred also seem likely to rise. The cryptocurrency has proven that it has a robust user base, and a lot of features crypto enthusiasts want. There will inevitably be some fluctuation, but the coin may eventually return to prices of more than $200 again.

There are some potential factors that could affect DCR pricing. Lately, there’s been a growing interest in both PoS crypto and user-led governance processes. As one of the oldest and most reliable cryptocurrencies with these features, DCR seems poised to take off. Just keep in mind that the public is still a little wary of community-based governance, so any big scandals — for instance, a mining company monopolizing staking — could harm crypto prices in general.

If you want to become part of the Decred community, you have a few different options. You can choose to get involved in mining to obtain coins directly, but for most users, it’s easier to purchase coins from someone else. The community does have its own personal exchange, DCRDEX, that you can try. However, going through a third-party exchange may offer the chance for more favorable rates.

It's worth taking the time to check out some of your other options. Bybit is one of the easiest platforms to purchase DCR on. All you need to do is follow the steps below.

 if you don't have one already, and log in on the website or the mobile app that can be downloaded on the 

Link a debit or credit card to your account.

 option and select a crypto such as BTC or USDT. This is the crypto you’ll use to trade for DCR on the exchange.

Look at the order book to see current buy and sell prices for DCR.

 tab on the right side of the page and enter your order details. This lets you select a custom price that you're willing to pay for DCR.

Finalize your order and the DCR will be transferred to your wallet.

For most investors, Decred is a good investment to consider. As one of the most iconic cryptocurrencies with community-based governance, it's worth checking out. The recent addition of more helpful user interfaces and crypto exchanges makes owning Decred a useful way to explore the concept and see if it's right for you. Thanks to their many initiatives like bug bounties and token staking, you can even invest your time into Decred to earn DCR.

Regardless of how you get your DCR, these crypto tokens can be a valuable addition to your portfolio. From a tokenomics viewpoint, DCR is essentially a lower-priced, less volatile version of Bitcoin. This makes it a very useful investment. You can use your funds to explore cryptocurrency investing without risking huge sums of money on a volatile cryptocurrency.

For any investor who wants a simple, reliable crypto, DCR is a solid choice. Though it probably won't be making you a fortune overnight, it's experienced steady growth and the price seems likely to increase long-term. As demand for easy-to-use cryptos with community involvement continues to expand, DCR is poised to grow.

If you like the ethos of Bitcoin but want a cryptocurrency with more user involvement, Decred is a great option. This crypto allows you to really get involved in everything, from creating blocks to steering blockchain development. Even if you aren't overly interested in user-guided crypto, DCR's reliability and rate of growth make it a positive investment opportunity, especially with the current initiatives launched.

Decred (DCR): A Community-Directed Crypto Modified from BTC

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