Dero (DERO) Trading Down 14.4% This Week

Dero (DERO) traded down 5% against the dollar during the 24-hour period ending at 8:00 AM Eastern on April 3rd. During the last week, Dero has traded down 14.4% against the dollar. Dero has a market cap of $4.47 million and approximately $11,122.69 worth of Dero was traded on exchanges in the last 24 hours. One Dero coin can now be bought for about $0.31 or 0.00000378 BTC on exchanges.

Here’s how related cryptocurrencies have performed during the last 24 hours:

• Arweave (AR) traded 6.3% lower against the dollar and now trades at $5.67 or 0.00006872 BTC.
• Bitcoin (BTC) traded down 3.6% against the dollar and now trades at $82,554.54 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 6.5% lower against the dollar and now trades at $0.16 or 0.00000193 BTC.
• UNUS SED LEO (LEO) traded 0.2% lower against the dollar and now trades at $9.42 or 0.00011413 BTC.
• Litecoin (LTC) traded down 0.6% against the dollar and now trades at $82.02 or 0.00099355 BTC.
• Bitcoin Cash (BCH) traded 1% lower against the dollar and now trades at $301.75 or 0.00365518 BTC.
• Monero (XMR) traded 0.1% lower against the dollar and now trades at $214.51 or 0.00259841 BTC.
• Ethereum Classic (ETC) traded down 3.4% against the dollar and now trades at $15.88 or 0.00019231 BTC.
• NyanCoin (NYAN) traded down 2.2% against the dollar and now trades at $2.40 or 0.00008809 BTC.
• Zcash (ZEC) traded down 0.7% against the dollar and now trades at $39.29 or 0.00047594 BTC.

About Dero

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. Dero’s official Twitter account is @deroproject and its Facebook page is accessible here. Dero’s official website is dero.io. 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 US dollars. Investors seeking to trade Dero should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Gemini, GDAX or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Dero using one of the aforementioned exchanges.

DERO/USD price chart by TradingView