Ergo Trading 4.1% Higher Over Last Week (ERG)

Ergo (ERG) traded 0.7% higher against the US dollar during the twenty-four hour period ending at 13:00 PM ET on September 12th. Ergo has a market capitalization of $55.70 million and approximately $286,582.96 worth of Ergo was traded on exchanges in the last 24 hours. In the last seven days, Ergo has traded up 4.1% against the US dollar. One Ergo coin can now be purchased for $0.72 or 0.00001242 BTC on major exchanges.

Here’s how other cryptocurrencies have performed in the last 24 hours:

• Bitcoin (BTC) traded up 0.7% against the dollar and now trades at $57,925.45 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 0.2% higher against the dollar and now trades at $0.10 or 0.00000175 BTC.
• Bitcoin Cash (BCH) traded down 1.3% against the dollar and now trades at $331.92 or 0.00573020 BTC.
• UNUS SED LEO (LEO) traded up 4% against the dollar and now trades at $5.76 or 0.00009941 BTC.
• Litecoin (LTC) traded up 1.5% against the dollar and now trades at $62.74 or 0.00108316 BTC.
• Monero (XMR) traded 0.7% higher against the dollar and now trades at $170.64 or 0.00294584 BTC.
• Ethereum Classic (ETC) traded up 0.5% against the dollar and now trades at $18.48 or 0.00031907 BTC.
• Arweave (AR) traded 0.6% higher against the dollar and now trades at $19.99 or 0.00034503 BTC.
• Bitcoin SV (BSV) traded 2.6% lower against the dollar and now trades at $48.56 or 0.00083835 BTC.
• NyanCoin (NYAN) traded down 2.2% against the dollar and now trades at $2.40 or 0.00008809 BTC.

Ergo Profile

Ergo (ERG) is a proof-of-work (PoW) coin that uses the Autolykos hashing algorithm. It was first traded on July 1st, 2019. Ergo’s total supply is 77,402,604 coins and its circulating supply is 77,404,500 coins. The official message board for Ergo is www.ergoforum.org. Ergo’s official website is ergoplatform.org. The Reddit community for Ergo is https://reddit.com/r/ergonauts and the currency’s Github account can be viewed here. Ergo’s official Twitter account is @ergo_platform and its Facebook page is accessible here.

According to CryptoCompare, “Ergo (ERG) is a decentralized, blockchain-based platform designed for secure and efficient financial contracts, utilizing advanced Sigma protocols and blockchain technology. It was developed by Alex Chepurnoy and Dmitry Meshkov, experts in cryptography and blockchain. The ERG token, native to the Ergo platform, is used for transaction fees, to execute smart contracts, and in DeFi applications such as lending, borrowing, and yield farming. The platform uses a unique Proof-of-Work consensus algorithm, “Autolykos,” offering enhanced ASIC-resistance and security, with miners rewarded in ERG tokens. Before Ergo’s launch, Ergo First Year Tokens (EFYT) were distributed on the Waves platform to build a community and fundraise. These were swapped with a fraction of ERG tokens after the mainnet launch in July 2019.”

Ergo Coin Trading

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

ERG/USD price chart by TradingView