Dero (DERO) Reaches 24-Hour Volume of $17,871.32

Dero (DERO) traded 5.4% lower against the US dollar during the twenty-four hour period ending at 9:00 AM E.T. on April 7th. Dero has a total market cap of $3.68 million and $17,871.32 worth of Dero was traded on exchanges in the last day. Over the last week, Dero has traded down 14.2% against the US dollar. One Dero coin can currently be purchased for approximately $0.26 or 0.00000333 BTC on exchanges.

Here’s how other cryptocurrencies have performed over the last day:

• Arweave (AR) traded 8.9% lower against the dollar and now trades at $5.00 or 0.00006475 BTC.
• Bitcoin (BTC) traded down 6.1% against the dollar and now trades at $77,203.72 or 1.00000000 BTC.
• Dogecoin (DOGE) traded down 13.7% against the dollar and now trades at $0.14 or 0.00000182 BTC.
• UNUS SED LEO (LEO) traded down 1.1% against the dollar and now trades at $8.91 or 0.00011546 BTC.
• Bitcoin Cash (BCH) traded 9.5% lower against the dollar and now trades at $265.17 or 0.00343467 BTC.
• Litecoin (LTC) traded down 15.6% against the dollar and now trades at $68.25 or 0.00088397 BTC.
• Monero (XMR) traded 7.3% lower against the dollar and now trades at $196.39 or 0.00254381 BTC.
• Ethereum Classic (ETC) traded 8.9% lower against the dollar and now trades at $14.29 or 0.00018503 BTC.
• NyanCoin (NYAN) traded down 2.2% against the dollar and now trades at $2.40 or 0.00008809 BTC.
• IOTA (MIOTA) traded 11.2% lower against the dollar and now trades at $0.14 or 0.00000185 BTC.

About 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 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. Dero’s official Twitter account is @deroproject and its Facebook page is accessible 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.”

Buying and Selling Dero

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

DERO/USD price chart by TradingView