Ergo (ERG) Achieves Self Reported Market Capitalization of $53.70 Million

Ergo (ERG) traded 1.1% lower against the dollar during the one day period ending at 23:00 PM E.T. on September 5th. Ergo has a total market cap of $53.70 million and $324,289.93 worth of Ergo was traded on exchanges in the last 24 hours. One Ergo coin can currently be purchased for about $0.69 or 0.00001225 BTC on major cryptocurrency exchanges. Over the last week, Ergo has traded down 4.3% against the dollar.

Here is how similar cryptocurrencies have performed over the last 24 hours:

• Bitcoin (BTC) traded 0.8% lower against the dollar and now trades at $56,743.90 or 1.00000000 BTC.
• Dogecoin (DOGE) traded up 2.9% against the dollar and now trades at $0.0992 or 0.00000175 BTC.
• Bitcoin Cash (BCH) traded 0.1% lower against the dollar and now trades at $310.59 or 0.00547532 BTC.
• UNUS SED LEO (LEO) traded 5% lower against the dollar and now trades at $5.55 or 0.00009783 BTC.
• Litecoin (LTC) traded 1.7% higher against the dollar and now trades at $66.50 or 0.00117229 BTC.
• Monero (XMR) traded 1.8% higher against the dollar and now trades at $173.00 or 0.00304976 BTC.
• Ethereum Classic (ETC) traded down 0.8% against the dollar and now trades at $17.75 or 0.00031283 BTC.
• Arweave (AR) traded 2.6% higher against the dollar and now trades at $21.50 or 0.00037902 BTC.
• Bitcoin SV (BSV) traded 3.4% higher against the dollar and now trades at $45.78 or 0.00080701 BTC.
• NyanCoin (NYAN) traded down 2.2% against the dollar and now trades at $2.40 or 0.00008809 BTC.

Ergo Profile

Ergo is a proof-of-work (PoW) coin that uses the Autolykos hashing algorithm. Its launch date was July 1st, 2019. Ergo’s total supply is 77,290,908 coins and its circulating supply is 77,291,820 coins. Ergo’s official Twitter account is @ergo_platform and its Facebook page is accessible here. The official website for Ergo 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 currently possible to purchase alternative cryptocurrencies such as Ergo directly using US dollars. Investors seeking to trade Ergo should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as GDAX, Gemini or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Ergo using one of the aforementioned exchanges.

ERG/USD price chart by TradingView