About Dero
Dero (DERO) is a cryptocurrency . Users are able to generate DERO through the process of mining. Dero has a current supply of 18,400,000 with 14,312,916 in circulation. The last known price of Dero is 0.49839857 USD and is down -0.07 over the last 24 hours. It is currently trading on 15 active market(s) with $14,257.07 traded over the last 24 hours. More information can be found at
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Market Stats
Market Cap
$8.20M
FDV
$12.04M
Circ. Supply
14M DERO
Max Supply
21M DERO
Total Supply
18M DERO
Performance
Popularity
Not enough data
Dominance
0%
Volume (24H)
$22.58K
-27.63%
Volume (7D)
$182.12K
Volume (30D)
$745.87K
All time high
$25.42
Price Change (1Y)
-77.48%
Additional info about Dero
Recent trends
The latest DERO price is $0.57. Compared to Dero's value of $0.57 from 24 hours ago, there's been a -0% decrease, while the current price is -1% down from $0.58 which was recorded one week ago. Dero's all time high is $25.42, which was reached on November 12, 2021. This is a -98% change from its price today.
The current circulating supply of Dero is 14,312,916. This is 68% of its max supply of 21,000,000 DERO and 78% of its total supply of 18,400,000. The market cap is currently $8.20M, which is a result of multiplying the current price of Dero($0.57) by the total supply(18,400,000 DERO). The fully diluted valuation of Dero is $12.04M. The diluted valuation of Dero is $12.04M.
Market details
DERO vs markets
↘ 83.46%
DERO vs BTC
↘ 85.74%
DERO vs ETH
↘ 64.44%
Tags
mineable
defi
privacy
smart-contracts
Network & Addresses
Network | Address |
|---|
Price history
Time | Price | Change |
|---|---|---|
Today | $0.57 | ↘ 0.44% |
1 Day | $0.57 | ↘ 0.29% |
1 Week | $0.58 | ↘ 0.78% |
1 Month | $0.29 | ↗ 95.94% |
1 Year | $2.54 | ↘ 77.48% |
FAQ
Dero (DERO) is a distinctive cryptocurrency project that merges a proof-of-work blockchain with a Directed Acyclic Graph (DAG) block structure, with the aim to facilitate completely anonymous transactions. Dero's design is a combination of the notable features of both consensus mechanisms, aiming to provide the security and decentralization of a proof-of-work blockchain with the scalability and transaction speed of DAG technology. The project was initiated in December 2017 by an anonymous team of developers with extensive experience in cryptography and blockchain development. Dero's primary objective is to establish a blockchain network that can cater to businesses and individuals globally, supporting secure, fast, and anonymous transactions and smart contract execution.
Dero's unique implementation constructs a main chain from the DAG network of blocks, which includes main blocks and side blocks. Side blocks contribute to the chain's proof-of-work security, making traditional 51% attacks impossible. Unlike traditional blockchains, Dero considers the transaction as the smallest unit of computation, not the block. This means that blocks on Dero can contain duplicate or double-spend transactions, but these are filtered by the client protocol and ignored by the network. Dero also employs the CryptoNote protocol, which conceals the sender and receiver of a transaction, ensuring privacy. Moreover, Dero is the first blockchain to have complete SSL in the peer-to-peer layer, encrypting all its network traffic and concealing it from internet service providers wishing to analyze the traffic.
Dero seeks to cater to use cases that necessitate privacy, such as voting services, escrow services, and address certification/verification. The platform's key features, including its use of CryptoNote and its capacity to support 75 transactions per second on its native blockchain without using any scaling solutions, make it suitable for these applications. Dero's security mechanism, which includes a new mining algorithm called AstroBWT, also makes it a viable option for applications that require a high level of security.
Dero was initiated in December 2017 by a team of three full-time developers. The team, which remains anonymous, claims to have over a decade of experience in cryptography each, with multiple years of experience in blockchain development. The project's complexity and the milestones the team has reached, such as designing an entirely new consensus mechanism in Golang, suggest that Dero was created by individuals with extensive hands-on experience in cryptography. Dero was developed from scratch with the intention to support users with reliability, privacy, security, and usability. The team focused on designing working technology first, before focusing on outreach activities. Dero has a maximum supply of 18.4 million, with an initial pre-mine of two million DERO established on network launch to support development and outreach activities.
We update our Dero to USD currency in real-time. Get the live price of Dero on Coinbase.
The current market cap of Dero is $8.20M. A high market cap implies that the asset is highly valued by the market.
The all-time high of Dero is $25.42. This all-time high is highest price paid for Dero since it was launched.
Over the last 24 hours, the trading volume of Dero is $22.58K.
Assets that have a similar market cap to Dero include FEED EVERY GORILLA, Bloktopia, Singularity Finance, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of Dero is 14 million.
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Terms apply. Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
Social stats
Popularity in posts
#2134
Contributors
459
Posts
911
% About Dero
0.016%
Hold times
0 days
X (Twitter)
41.77% bullish
Sentiment
2.7 ★
Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset.
Highlights
459 unique individuals are talking about Dero and it is ranked #2,134 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Dero has an average sentiment score of 53 out of 5. Finally, Dero is becoming less newsworthy, with 0 news articles published about Dero.
On Twitter, people are mostly neutral about Dero. There were 46.78% of tweets with bullish sentiment compared to 12% of tweets with a bearish sentiment about Dero. 53.22% of tweets were neutral about Dero. These sentiments are based on 193 tweets.
On Reddit, Dero was mentioned in 13 Reddit posts and there were 22 comments about Dero. On average, there were less upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.
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Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.