Dero (DERO) Price Down 22.3% Over Last Week

Dero (DERO) traded 4.9% lower against the U.S. dollar during the 1 day period ending at 11:00 AM Eastern on December 31st. Over the last seven days, Dero has traded 22.3% lower against the U.S. dollar. One Dero coin can now be purchased for $0.29 or 0.00000327 BTC on popular cryptocurrency exchanges. Dero has a market capitalization of $4.11 million and $6.78 thousand worth of Dero was traded on exchanges in the last 24 hours.

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

• Arweave (AR) traded 1.5% lower against the dollar and now trades at $3.47 or 0.00003948 BTC.
• Bitcoin (BTC) traded 0.9% lower against the dollar and now trades at $87,915.29 or 1.00000000 BTC.
• Dogecoin (DOGE) traded down 2.8% against the dollar and now trades at $0.12 or 0.00000137 BTC.
• Bitcoin Cash (BCH) traded down 1% against the dollar and now trades at $594.48 or 0.00676200 BTC.
• UNUS SED LEO (LEO) traded up 5.7% against the dollar and now trades at $9.34 or 0.00010624 BTC.
• Zcash (ZEC) traded 6.3% lower against the dollar and now trades at $503.91 or 0.00573175 BTC.
• Monero (XMR) traded up 0.4% against the dollar and now trades at $437.79 or 0.00497964 BTC.
• Litecoin (LTC) traded 1.2% lower against the dollar and now trades at $77.36 or 0.00087990 BTC.
• Ethereum Classic (ETC) traded 1.9% lower against the dollar and now trades at $11.71 or 0.00013323 BTC.
• NyanCoin (NYAN) traded 2.2% lower against the dollar and now trades at $2.40 or 0.00008809 BTC.

Dero Profile

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. Dero’s official website is dero.io. Dero’s official Twitter account is @deroproject and its Facebook page is accessible here. The Reddit community for Dero is https://reddit.com/r/deroproject and the currency’s Github account can be viewed here. Dero’s official message board is forum.dero.io.

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.”

Buying and Selling Dero

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

DERO/USD price chart by TradingView