Dero (DERO) traded up 10% against the US dollar during the twenty-four hour period ending at 14:00 PM E.T. on July 24th. In the last seven days, Dero has traded down 16.2% against the US dollar. One Dero coin can now be bought for approximately $1.49 or 0.00002247 BTC on exchanges. Dero has a market capitalization of $21.31 million and $26,907.09 worth of Dero was traded on exchanges in the last 24 hours.
Here is how related cryptocurrencies have performed in the last 24 hours:
- Bitcoin (BTC) traded 0.5% higher against the dollar and now trades at $66,191.37 or 1.00000000 BTC.
- Dogecoin (DOGE) traded down 0.3% against the dollar and now trades at $0.13 or 0.00000197 BTC.
- Bitcoin Cash (BCH) traded up 0.2% against the dollar and now trades at $366.84 or 0.00553831 BTC.
- Litecoin (LTC) traded 1.4% higher against the dollar and now trades at $72.93 or 0.00110105 BTC.
- UNUS SED LEO (LEO) traded up 2.1% against the dollar and now trades at $5.86 or 0.00008852 BTC.
- Ethereum Classic (ETC) traded down 3.2% against the dollar and now trades at $23.19 or 0.00035014 BTC.
- Monero (XMR) traded 2.6% higher against the dollar and now trades at $162.82 or 0.00245813 BTC.
- Arweave (AR) traded up 4.4% against the dollar and now trades at $31.51 or 0.00047568 BTC.
- Bitcoin SV (BSV) traded 3.6% higher against the dollar and now trades at $45.94 or 0.00069361 BTC.
- NyanCoin (NYAN) traded down 2.2% against the dollar and now trades at $2.40 or 0.00008809 BTC.
Dero Coin Profile
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. 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. The official website for Dero is dero.io.
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 Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Dero using one of the exchanges listed above.
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