Dero Hits Market Cap of $4.49 Million (DERO)

Dero (DERO) traded 4.1% higher against the dollar during the 1 day period ending at 11:00 AM E.T. on December 19th. During the last week, Dero has traded 6.1% lower against the dollar. One Dero coin can currently be bought for $0.31 or 0.00000356 BTC on major exchanges. Dero has a total market cap of $4.49 million and $7.06 thousand worth of Dero was traded on exchanges in the last day.

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

• Arweave (AR) traded 0.5% higher against the dollar and now trades at $3.43 or 0.00003894 BTC.
• Bitcoin (BTC) traded 0.4% higher against the dollar and now trades at $88,105.05 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 0.5% lower against the dollar and now trades at $0.13 or 0.00000147 BTC.
• Bitcoin Cash (BCH) traded up 3.3% against the dollar and now trades at $592.06 or 0.00671988 BTC.
• Monero (XMR) traded up 0.3% against the dollar and now trades at $429.73 or 0.00487746 BTC.
• Zcash (ZEC) traded 7.9% higher against the dollar and now trades at $432.09 or 0.00490427 BTC.
• UNUS SED LEO (LEO) traded up 12.4% against the dollar and now trades at $7.37 or 0.00008361 BTC.
• Litecoin (LTC) traded down 2.1% against the dollar and now trades at $76.49 or 0.00086812 BTC.
• Ethereum Classic (ETC) traded down 0.5% against the dollar and now trades at $12.26 or 0.00013919 BTC.
• NyanCoin (NYAN) traded down 2.2% against the dollar and now trades at $2.40 or 0.00008809 BTC.

About Dero

DERO is a proof-of-work (PoW) coin that uses the CryptoNight hashing algorithm. Its launch 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 website is dero.io. Dero’s official Twitter account is @deroproject and its Facebook page is accessible here. The official message board for Dero 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.”

Dero Coin Trading

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

DERO/USD price chart by TradingView