Ergo Price Reaches $0.67 (ERG)

Ergo (ERG) traded down 0.5% against the U.S. dollar during the 1-day period ending at 7:00 AM Eastern on October 12th. Ergo has a market capitalization of $52.00 million and approximately $110,270.57 worth of Ergo was traded on exchanges in the last 24 hours. In the last week, Ergo has traded down 1.5% against the U.S. dollar. One Ergo coin can now be purchased for about $0.67 or 0.00001059 BTC on major cryptocurrency exchanges.

Here is how related cryptocurrencies have performed in the last 24 hours:

• Bitcoin (BTC) traded up 3.2% against the dollar and now trades at $63,017.27 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 3% higher against the dollar and now trades at $0.11 or 0.00000177 BTC.
• Bitcoin Cash (BCH) traded up 2.3% against the dollar and now trades at $331.14 or 0.00525475 BTC.
• UNUS SED LEO (LEO) traded 0.2% lower against the dollar and now trades at $6.09 or 0.00009659 BTC.
• Litecoin (LTC) traded up 2% against the dollar and now trades at $66.42 or 0.00105395 BTC.
• Monero (XMR) traded 0.7% higher against the dollar and now trades at $152.99 or 0.00242776 BTC.
• Ethereum Classic (ETC) traded up 2.7% against the dollar and now trades at $18.84 or 0.00029891 BTC.
• Arweave (AR) traded up 4.1% against the dollar and now trades at $19.27 or 0.00030571 BTC.
• Bitcoin SV (BSV) traded 2.8% higher against the dollar and now trades at $45.98 or 0.00072964 BTC.
• NyanCoin (NYAN) traded down 2.2% against the dollar and now trades at $2.40 or 0.00008809 BTC.

Ergo Profile

Ergo (CRYPTO:ERG) is a proof-of-work (PoW) coin that uses the Autolykos hashing algorithm. Its genesis date was July 1st, 2019. Ergo’s total supply is 77,902,032 coins and its circulating supply is 77,901,759 coins. Ergo’s official website is ergoplatform.org. Ergo’s official Twitter account is @ergo_platform and its Facebook page is accessible here. The Reddit community for Ergo is https://reddit.com/r/ergonauts and the currency’s Github account can be viewed here. The official message board for Ergo is www.ergoforum.org.

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 U.S. dollars. Investors seeking to trade Ergo should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Gemini, Changelly or GDAX. 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