Dero (DERO) Trading Down 15.4% This Week

Dero (DERO) traded up 7.1% against the U.S. dollar during the 24 hour period ending at 16:00 PM Eastern on April 19th. In the last week, Dero has traded down 15.4% against the U.S. dollar. Dero has a total market capitalization of $48.39 million and approximately $10,720.00 worth of Dero was traded on exchanges in the last 24 hours. One Dero coin can now be bought for $3.38 or 0.00005274 BTC on major exchanges.

Here’s how other cryptocurrencies have performed in the last 24 hours:

• Bitcoin (BTC) traded up 1% against the dollar and now trades at $64,106.00 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 1.5% higher against the dollar and now trades at $0.15 or 0.00000239 BTC.
• Bitcoin Cash (BCH) traded down 0.1% against the dollar and now trades at $482.22 or 0.00752216 BTC.
• Litecoin (LTC) traded up 0.4% against the dollar and now trades at $81.21 or 0.00126687 BTC.
• UNUS SED LEO (LEO) traded down 1% against the dollar and now trades at $5.80 or 0.00009046 BTC.
• Ethereum Classic (ETC) traded up 0.7% against the dollar and now trades at $26.33 or 0.00041075 BTC.
• Monero (XMR) traded 2.9% higher against the dollar and now trades at $119.86 or 0.00186979 BTC.
• Arweave (AR) traded up 10.3% against the dollar and now trades at $27.79 or 0.00043355 BTC.
• Bitcoin SV (BSV) traded 1.4% lower against the dollar and now trades at $66.04 or 0.00103025 BTC.
• eCash (XEC) traded 0.1% higher against the dollar and now trades at $0.0001 or 0.00000000 BTC.

About Dero

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

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 presently possible to buy alternative cryptocurrencies such as Dero directly using U.S. dollars. Investors seeking to acquire Dero should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Gemini, Changelly or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Dero using one of the exchanges listed above.

DERO/USD price chart by TradingView