Ergo Price Tops $0.83 on Top Exchanges (ERG)

Ergo (ERG) traded 5.5% lower against the dollar during the 1-day period ending at 14:00 PM Eastern on August 25th. Ergo has a total market capitalization of $63.68 million and $368,492.54 worth of Ergo was traded on exchanges in the last day. During the last seven days, Ergo has traded up 9.6% against the dollar. One Ergo coin can now be purchased for approximately $0.83 or 0.00001287 BTC on major exchanges.

Here is how similar cryptocurrencies have performed during the last day:

• Bitcoin (BTC) traded 0.3% lower against the dollar and now trades at $64,184.56 or 1.00000000 BTC.
• Dogecoin (DOGE) traded down 3.4% against the dollar and now trades at $0.11 or 0.00000172 BTC.
• Bitcoin Cash (BCH) traded 2.3% lower against the dollar and now trades at $359.50 or 0.00560106 BTC.
• UNUS SED LEO (LEO) traded 1.6% higher against the dollar and now trades at $5.98 or 0.00009314 BTC.
• Litecoin (LTC) traded 3.9% lower against the dollar and now trades at $65.15 or 0.00101505 BTC.
• Monero (XMR) traded down 1.2% against the dollar and now trades at $170.57 or 0.00265744 BTC.
• Ethereum Classic (ETC) traded 3.2% lower against the dollar and now trades at $20.19 or 0.00031460 BTC.
• Arweave (AR) traded 6.1% lower against the dollar and now trades at $25.48 or 0.00039699 BTC.
• Bitcoin SV (BSV) traded down 3.7% against the dollar and now trades at $46.38 or 0.00072260 BTC.
• NyanCoin (NYAN) traded 2.2% lower against the dollar and now trades at $2.40 or 0.00008809 BTC.

About Ergo

Ergo 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 77,096,844 coins and its circulating supply is 77,097,828 coins. Ergo’s official Twitter account is @ergo_platform and its Facebook page is accessible here. Ergo’s official website is ergoplatform.org. The official message board for Ergo is www.ergoforum.org. The Reddit community for Ergo is https://reddit.com/r/ergonauts and the currency’s Github account can be viewed 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 possible to purchase alternative cryptocurrencies such as Ergo directly using U.S. dollars. Investors seeking to acquire Ergo should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as GDAX, Coinbase or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Ergo using one of the exchanges listed above.

ERG/USD price chart by TradingView