Dero 24 Hour Trading Volume Reaches $14,409.89 (DERO)

Dero (DERO) traded 2.3% lower against the US dollar during the 1 day period ending at 12:00 PM E.T. on July 4th. During the last week, Dero has traded down 8.1% against the US dollar. Dero has a total market cap of $25.00 million and $14,409.89 worth of Dero was traded on exchanges in the last 24 hours. One Dero coin can currently be purchased for approximately $1.75 or 0.00003017 BTC on popular cryptocurrency exchanges.

Here is how other cryptocurrencies have performed during the last 24 hours:

• Bitcoin (BTC) traded down 4.3% against the dollar and now trades at $57,911.96 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 7.9% lower against the dollar and now trades at $0.11 or 0.00000188 BTC.
• Bitcoin Cash (BCH) traded down 7.7% against the dollar and now trades at $344.04 or 0.00594076 BTC.
• UNUS SED LEO (LEO) traded 0.9% lower against the dollar and now trades at $5.74 or 0.00009911 BTC.
• Litecoin (LTC) traded 7.4% lower against the dollar and now trades at $68.76 or 0.00118732 BTC.
• Ethereum Classic (ETC) traded down 4.5% against the dollar and now trades at $21.51 or 0.00037143 BTC.
• Monero (XMR) traded 4.5% lower against the dollar and now trades at $158.05 or 0.00272917 BTC.
• Arweave (AR) traded down 10.9% against the dollar and now trades at $23.79 or 0.00041074 BTC.
• NyanCoin (NYAN) traded down 2.2% against the dollar and now trades at $2.40 or 0.00008809 BTC.
• Bitcoin SV (BSV) traded 10.5% lower against the dollar and now trades at $38.41 or 0.00066325 BTC.

Dero Profile

Dero is a proof-of-work (PoW) coin that uses the CryptoNight hashing algorithm. Its launch date was June 27th, 2018. Dero’s total supply is 18,400,000 coins and its circulating supply is 14,312,916 coins. Dero’s official Twitter account is @deroproject and its Facebook page is accessible here. The official website for Dero is dero.io. The Reddit community for Dero is https://reddit.com/r/deroproject and the currency’s Github account can be viewed here. The official message board for Dero is forum.dero.io.

According to CryptoCompare, “Dero is a crypto project to combine a proof-of-work blockchain with a DAG block structure and wholly anonymous transactions. It aims to be a revolutionary improvement from existing privacy coins like Monero (XMR) or Z-Cash (ZEC). Dero intends to do that by combining the best of both consensus mechanisms.

Its implementation builds out a main chain from the DAG network of blocks, which refers to main blocks and side blocks. Side blocks contribute to chain proof-of-work security, making traditional 51% attacks impossible. In contrast to traditional blockchains, Dero considers the transaction as the smallest unit of computation, not the block. Therefore, blocks on Dero can contain duplicate or double-spend transactions, but these are filtered by the client protocol and ignored by the network.

Dero aims to manage combining the security and decentralization of a proof-of-work blockchain with the scalability and transaction speed of DAG technology. Dero’s goal is a blockchain network that can serve businesses and individuals worldwide and support secure, fast, and anonymous transactions and smart contract execution.”

Dero Coin Trading

It is usually not currently possible to buy alternative cryptocurrencies such as Dero directly using U.S. dollars. Investors seeking to trade Dero should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as GDAX, Gemini or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Dero using one of the aforementioned exchanges.

DERO/USD price chart by TradingView