Ergo Tops 24 Hour Trading Volume of $131,874.44 (ERG)

Ergo (ERG) traded 0.5% lower against the U.S. dollar during the 24-hour period ending at 10:00 AM ET on November 4th. Ergo has a market cap of $49.56 million and approximately $131,874.44 worth of Ergo was traded on exchanges in the last day. In the last seven days, Ergo has traded down 4.6% against the U.S. dollar. One Ergo coin can now be bought for approximately $0.63 or 0.00000926 BTC on major cryptocurrency exchanges.

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

• Bitcoin (BTC) traded 0.4% higher against the dollar and now trades at $68,419.43 or 1.00000000 BTC.
• Dogecoin (DOGE) traded up 7.6% against the dollar and now trades at $0.16 or 0.00000229 BTC.
• Bitcoin Cash (BCH) traded 0.1% higher against the dollar and now trades at $336.58 or 0.00491937 BTC.
• UNUS SED LEO (LEO) traded down 0.1% against the dollar and now trades at $6.04 or 0.00008835 BTC.
• Litecoin (LTC) traded up 1.1% against the dollar and now trades at $66.54 or 0.00097254 BTC.
• Monero (XMR) traded 2.7% higher against the dollar and now trades at $160.68 or 0.00234838 BTC.
• Ethereum Classic (ETC) traded 1% higher against the dollar and now trades at $17.74 or 0.00025935 BTC.
• Bitcoin SV (BSV) traded 0.7% lower against the dollar and now trades at $46.09 or 0.00067361 BTC.
• Arweave (AR) traded 2.1% higher against the dollar and now trades at $13.66 or 0.00019960 BTC.
• NyanCoin (NYAN) traded 2.2% lower 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 78,248,847 coins and its circulating supply is 78,249,120 coins. 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. Ergo’s official website is ergoplatform.org. 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 currently possible to purchase alternative cryptocurrencies such as Ergo directly using US dollars. Investors seeking to acquire Ergo should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Coinbase, GDAX or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Ergo using one of the aforementioned exchanges.

ERG/USD price chart by TradingView