Dero Price Hits $2.15 on Top Exchanges (DERO)

Dero (DERO) traded 3.1% lower against the dollar during the 24 hour period ending at 20:00 PM Eastern on June 16th. Dero has a market cap of $30.72 million and approximately $10,236.52 worth of Dero was traded on exchanges in the last day. In the last week, Dero has traded 24.7% lower against the dollar. One Dero coin can now be purchased for approximately $2.15 or 0.00003224 BTC on popular cryptocurrency exchanges.

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

  • Bitcoin (BTC) traded up 0.6% against the dollar and now trades at $66,579.13 or 1.00000000 BTC.
  • Dogecoin (DOGE) traded up 0.2% against the dollar and now trades at $0.14 or 0.00000206 BTC.
  • Bitcoin Cash (BCH) traded down 0.4% against the dollar and now trades at $427.66 or 0.00642224 BTC.
  • Litecoin (LTC) traded 0.2% lower against the dollar and now trades at $78.90 or 0.00118489 BTC.
  • UNUS SED LEO (LEO) traded up 2.3% against the dollar and now trades at $5.88 or 0.00008827 BTC.
  • Ethereum Classic (ETC) traded 0.8% lower against the dollar and now trades at $25.39 or 0.00038128 BTC.
  • Monero (XMR) traded 0.4% higher against the dollar and now trades at $176.64 or 0.00265270 BTC.
  • Arweave (AR) traded 0.9% higher against the dollar and now trades at $28.46 or 0.00042744 BTC.
  • Bitcoin SV (BSV) traded 0.7% lower against the dollar and now trades at $49.35 or 0.00074113 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. Dero’s official Twitter account is @deroproject and its Facebook page is accessible here. Dero’s official message board is forum.dero.io. The official website for Dero is 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 presently 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 Coinbase, GDAX or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Dero using one of the exchanges listed above.

Receive News & Updates for Dero Daily - Enter your email address below to receive a concise daily summary of the latest news and updates for Dero and related cryptocurrencies with MarketBeat.com's FREE CryptoBeat newsletter.