Dero (DERO) Market Capitalization Reaches $8.21 Million

Dero (DERO) traded up 7.4% against the US dollar during the 1 day period ending at 12:00 PM ET on November 13th. One Dero coin can currently be bought for $0.57 or 0.00000557 BTC on major cryptocurrency exchanges. Dero has a market cap of $8.21 million and approximately $15.97 thousand worth of Dero was traded on exchanges in the last 24 hours. Over the last seven days, Dero has traded up 32.3% against the US dollar.

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

• Arweave (AR) traded 4.9% lower against the dollar and now trades at $4.84 or 0.00004703 BTC.
• Bitcoin (BTC) traded 0.8% lower against the dollar and now trades at $102,957.58 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 0.3% lower against the dollar and now trades at $0.18 or 0.00000171 BTC.
• Bitcoin Cash (BCH) traded 0.4% higher against the dollar and now trades at $529.85 or 0.00514633 BTC.
• UNUS SED LEO (LEO) traded down 1.8% against the dollar and now trades at $9.07 or 0.00008807 BTC.
• Zcash (ZEC) traded 7.3% higher against the dollar and now trades at $507.56 or 0.00492982 BTC.
• Litecoin (LTC) traded down 2.1% against the dollar and now trades at $100.35 or 0.00097464 BTC.
• Monero (XMR) traded up 1.2% against the dollar and now trades at $389.44 or 0.00378251 BTC.
• Ethereum Classic (ETC) traded 1.7% lower against the dollar and now trades at $15.71 or 0.00015263 BTC.
• NyanCoin (NYAN) traded 2.2% lower against the dollar and now trades at $2.40 or 0.00008809 BTC.

Dero Coin 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 official website for Dero is dero.io. Dero’s official Twitter account is @deroproject and its Facebook page is accessible here. Dero’s official message board 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.

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

DERO/USD price chart by TradingView