Dero (DERO) Trading Up 0.7% Over Last Week

Dero (DERO) traded up 10.1% against the U.S. dollar during the one day period ending at 10:00 AM E.T. on January 4th. In the last week, Dero has traded 0.7% higher against the U.S. dollar. Dero has a total market capitalization of $4.94 million and approximately $7.10 thousand worth of Dero was traded on exchanges in the last day. One Dero coin can now be bought for approximately $0.35 or 0.00000378 BTC on major cryptocurrency exchanges.

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

• Arweave (AR) traded up 5.2% against the dollar and now trades at $4.02 or 0.00004404 BTC.
• Bitcoin (BTC) traded 1.4% higher against the dollar and now trades at $91,256.49 or 1.00000000 BTC.
• Dogecoin (DOGE) traded up 6.3% against the dollar and now trades at $0.15 or 0.00000166 BTC.
• Bitcoin Cash (BCH) traded 0.2% higher against the dollar and now trades at $640.86 or 0.00702260 BTC.
• Zcash (ZEC) traded 0.1% higher against the dollar and now trades at $507.88 or 0.00556537 BTC.
• UNUS SED LEO (LEO) traded 3.9% lower against the dollar and now trades at $8.94 or 0.00009794 BTC.
• Monero (XMR) traded up 1.4% against the dollar and now trades at $433.66 or 0.00475209 BTC.
• Litecoin (LTC) traded up 1.6% against the dollar and now trades at $82.41 or 0.00090306 BTC.
• Ethereum Classic (ETC) traded up 3.4% against the dollar and now trades at $12.84 or 0.00014066 BTC.
• NyanCoin (NYAN) traded 2.2% lower against the dollar and now trades at $2.40 or 0.00008809 BTC.

About Dero

Dero (DERO) is a proof-of-work (PoW) coin that uses the CryptoNight hashing algorithm. It launched on June 27th, 2018. Dero’s total supply is 18,400,000 coins and its circulating supply is 14,312,916 coins. Dero’s official Twitter account is @deroproject and its Facebook page is accessible here. Dero’s official website is dero.io. 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.”

Dero Coin Trading

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

DERO/USD price chart by TradingView