Dero Price Down 16.3% Over Last 7 Days (DERO)

Dero (DERO) traded 0.5% lower against the US dollar during the 24-hour period ending at 21:00 PM ET on March 10th. One Dero coin can now be bought for approximately $4.56 or 0.00006664 BTC on exchanges. Dero has a market capitalization of $65.20 million and $19,433.09 worth of Dero was traded on exchanges in the last 24 hours. Over the last week, Dero has traded down 16.3% against the US dollar.

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

  • Bitcoin (BTC) traded 1.1% lower against the dollar and now trades at $68,361.09 or 1.00000000 BTC.
  • Dogecoin (DOGE) traded down 7% against the dollar and now trades at $0.17 or 0.00000242 BTC.
  • Bitcoin Cash (BCH) traded down 5.6% against the dollar and now trades at $413.25 or 0.00604517 BTC.
  • Litecoin (LTC) traded 4.5% lower against the dollar and now trades at $86.08 or 0.00125918 BTC.
  • UNUS SED LEO (LEO) traded 0.3% higher against the dollar and now trades at $5.67 or 0.00008300 BTC.
  • Ethereum Classic (ETC) traded 6.4% lower against the dollar and now trades at $35.09 or 0.00051335 BTC.
  • Monero (XMR) traded up 0.6% against the dollar and now trades at $144.33 or 0.00211124 BTC.
  • Arweave (AR) traded down 6% against the dollar and now trades at $40.56 or 0.00059339 BTC.
  • Bitcoin SV (BSV) traded 5.3% lower against the dollar and now trades at $105.62 or 0.00154509 BTC.
  • eCash (XEC) traded down 9.5% against the dollar and now trades at $0.0001 or 0.00000000 BTC.

About Dero

Dero (CRYPTO: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. The official message board for Dero is forum.dero.io. Dero’s official Twitter account is @deroproject and its Facebook page is accessible here.

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.”

Buying and Selling Dero

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

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