Dero (DERO) Hits 1-Day Volume of $5.67 Thousand

Dero (DERO) traded 0.5% lower against the dollar during the 1 day period ending at 11:00 AM ET on January 24th. One Dero coin can currently be bought for about $0.24 or 0.00000271 BTC on major cryptocurrency exchanges. In the last week, Dero has traded 23.9% lower against the dollar. Dero has a market capitalization of $3.47 million and $5.67 thousand worth of Dero was traded on exchanges in the last day.

Here is how similar cryptocurrencies have performed in the last day:

  • Arweave (AR) traded 0.5% lower against the dollar and now trades at $3.53 or 0.00003949 BTC.
  • Bitcoin (BTC) traded 1% lower against the dollar and now trades at $89,387.57 or 1.00000000 BTC.
  • Dogecoin (DOGE) traded 0.4% lower against the dollar and now trades at $0.12 or 0.00000139 BTC.
  • Bitcoin Cash (BCH) traded up 0.1% against the dollar and now trades at $596.13 or 0.00666900 BTC.
  • Monero (XMR) traded up 1.6% against the dollar and now trades at $518.78 or 0.00580367 BTC.
  • UNUS SED LEO (LEO) traded 0.7% higher against the dollar and now trades at $8.97 or 0.00010039 BTC.
  • Zcash (ZEC) traded up 2.2% against the dollar and now trades at $370.89 or 0.00414925 BTC.
  • Litecoin (LTC) traded up 0.8% against the dollar and now trades at $68.66 or 0.00076812 BTC.
  • Ethereum Classic (ETC) traded down 0.2% against the dollar and now trades at $11.69 or 0.00013073 BTC.
  • NyanCoin (NYAN) traded down 2.2% against the dollar and now trades at $2.40 or 0.00008809 BTC.

Dero Profile

Dero (CRYPTO:DERO) is a proof-of-work (PoW) coin that uses the CryptoNight hashing algorithm. Its genesis date was June 27th, 2018. Dero’s total supply is 18,400,000 coins and its circulating supply is 14,312,916 coins. 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. Dero’s official website is dero.io. Dero’s official Twitter account is @deroproject and its Facebook page is accessible here.

According to CryptoCompare, “Dero is the first crypto project to combine a Proof of Work blockchain with a DAG block structure and wholly anonymous transactions. The fully distributed ledger processes transactions with a twelve-second average block time and is secure against majority hashrate attacks. Dero will be the first CryptoNote blockchain to have smart contracts on its native chain without any extra layers or secondary blockchains.”

Dero Coin Trading

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

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