Decred (DCR), a token built for autonomy and decentralized governance, extended gains even as the broader market led by bitcoin struggled.
The token has risen 16% in the past 24 hours and now trades at $34.58, the highest since November, CoinDesk data show. It’s the best-performing top-100 token over the past four weeks, having gained more than 80% after a Feb. 8 change to its treasury rules.
Bitcoin, for its part, is facing renewed selling pressure, trading just around $67,000, a weak follow-through after bouncing to $70,000 on Wednesday. The cryptocurrency is down 2% on a 24-hour basis, with ether (ETH), XRP (XRP), solana (SOL), and the CoinDesk 20 Index (CD20) registering similar losses.
Market participants remain cautious…
