Ergo (ERG) Price Reaches $1.55 on Top Exchanges

Ergo (ERG) traded down 3.7% against the dollar during the twenty-four hour period ending at 11:00 AM Eastern on January 25th. In the last seven days, Ergo has traded down 13.7% against the dollar. Ergo has a total market cap of $123.26 million and approximately $161,639.69 worth of Ergo was traded on exchanges in the last 24 hours. One Ergo coin can currently be bought for $1.55 or 0.00001480 BTC on popular exchanges.

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

  • Bitcoin (BTC) traded 0.8% lower against the dollar and now trades at $104,845.96 or 1.00000000 BTC.
  • Dogecoin (DOGE) traded down 1% against the dollar and now trades at $0.36 or 0.00000340 BTC.
  • Litecoin (LTC) traded 4% higher against the dollar and now trades at $126.88 or 0.00121016 BTC.
  • UNUS SED LEO (LEO) traded 0.4% higher against the dollar and now trades at $9.78 or 0.00009328 BTC.
  • Bitcoin Cash (BCH) traded up 1.2% against the dollar and now trades at $443.22 or 0.00422734 BTC.
  • Ethereum Classic (ETC) traded down 3% against the dollar and now trades at $27.17 or 0.00025914 BTC.
  • Monero (XMR) traded 1.2% lower against the dollar and now trades at $219.77 or 0.00209610 BTC.
  • IOTA (MIOTA) traded down 1.8% against the dollar and now trades at $0.33 or 0.00000310 BTC.
  • Bitcoin SV (BSV) traded up 1.1% against the dollar and now trades at $52.49 or 0.00050064 BTC.
  • Arweave (AR) traded down 1.5% against the dollar and now trades at $14.67 or 0.00013990 BTC.

About Ergo

Ergo is a proof-of-work (PoW) coin that uses the Autolykos hashing algorithm. It launched on July 1st, 2019. Ergo’s total supply is 79,438,188 coins and its circulating supply is 79,437,936 coins. 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. The official website for Ergo is ergoplatform.org. 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.”

Buying and Selling Ergo

It is usually not 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 Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Ergo using one of the aforementioned exchanges.

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