Dero Price Tops $4.29 on Major Exchanges (DERO)
DERO has lost value against the USD, down 6.6% in the last week.
() fell 2.7% against U.S. Dollar during the 24-hour period ending at 20:30 Eastern Time on the 12th of July. Dero's value against the U.S. Dollar has fallen 6.6% in the past seven days. On popular exchanges, one Dero coin is currently available for $4.29 (or 0.00014114 BTC). Dero's total market capitalization is $58.78million and the exchanges have traded approximately $103,393.61 in Dero over the past day.
The performance of related cryptocurrencies over the past day is shown below:
Bitcoin (BTC), which is currently valued at $30,385.77 BTC or 0.6% less than the dollar, traded down by 0.6%.
Dogecoin's (DOGE) price is now $0.0648, or 0.00000213 BTC. This is a 0.7% decline against the dollar.
Litecoin (LTC), which is currently trading at $96.17, or 0.00316493 BTC, has traded down 0.7% against the dollar.
Bitcoin Cash (BCH), which is also known as Bitcoin, has traded up by 3.4% in relation to the dollar. It now trades for $283.18 or about 0.00931948 BTC.
UNUS SED LEO LEO (LEO), which is currently trading at $4.05, or 0.00013342 Bitcoins, has gained 0.3% in value against the US dollar.
Monero (XMR), which is currently trading at $163.27, or 0.00537334 BTC, has fallen 1.1% against the dollar.
Ethereum Classic (ETC), which is a cryptocurrency, traded at $18.75 per 0.00061703 BTC or 0.8% less than the dollar.
DEI (DEI), which is currently trading at $0.0324, or 0.00000107 Bitcoins, has traded 58.7% below the dollar.
NyanCoin, or NYAN, is now trading at $2.40 (0.00008809 BTC) after a 2.2% decline against the dollar.
Bitcoin SV (BSV), which is a fork of Bitcoin, has traded at $39.52 or 0.00130067 BTC. This is a 0.6% decline against the US dollar.
It is a Proof-of-Work (PoW), which uses the CryptoNight algorithm. It was traded for the first time on June 27, 2018. Dero has a total supply of 18,400,000 coins, and a circulating supply of 13,704,988. Here is a link to the article
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CryptoCompare states that 'Dero combines a proof-ofwork blockchain with a DAG-block structure and completely anonymous transactions. It is designed to be a radical improvement over existing privacy coins such as Monero (XMR), or Z-Cash(ZEC). Dero aims to achieve this by combining both the best consensus mechanisms.
The implementation creates a mainchain from the DAG block network, which includes both main blocks and sideblocks. Side blocks are essential for chain proof-of work security and make traditional 51% attacks unachievable. Dero, unlike traditional blockchains treats the transaction, and not the block, as the smallest computation unit. Dero blocks can have duplicate or double-spend transaction, but they are ignored by the Dero network.
Dero's goal is to combine the security and decentralization benefits of a proof of work blockchain with the speed and scalability of DAG. Dero's aim is to create a blockchain network which can support anonymous, secure and fast transactions, as well as smart contracts.
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Dero is not currently available to be purchased directly with US dollars. MarketBeat.com’s FREE CryptoBeat Newsletter
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