Ergo (ERG) Hits 24 Hour Volume of $110,106.64

Ergo (ERG) traded down 3.3% against the dollar during the 1 day period ending at 17:00 PM ET on October 25th. Ergo has a total market capitalization of $49.80 million and $110,106.64 worth of Ergo was traded on exchanges in the last day. One Ergo coin can currently be bought for $0.64 or 0.00000954 BTC on cryptocurrency exchanges. Over the last week, Ergo has traded 3.3% lower against the dollar.

Here’s how similar cryptocurrencies have performed over the last day:

• Bitcoin (BTC) traded 2% lower against the dollar and now trades at $66,852.28 or 1.00000000 BTC.
• Dogecoin (DOGE) traded down 4.5% against the dollar and now trades at $0.14 or 0.00000202 BTC.
• Bitcoin Cash (BCH) traded 0.9% lower against the dollar and now trades at $360.92 or 0.00539874 BTC.
• UNUS SED LEO (LEO) traded 0.9% lower against the dollar and now trades at $6.02 or 0.00009003 BTC.
• Litecoin (LTC) traded down 0.5% against the dollar and now trades at $70.75 or 0.00105825 BTC.
• Monero (XMR) traded 1% higher against the dollar and now trades at $157.80 or 0.00236045 BTC.
• Ethereum Classic (ETC) traded up 0.4% against the dollar and now trades at $18.93 or 0.00028314 BTC.
• Arweave (AR) traded 2.9% lower against the dollar and now trades at $17.70 or 0.00026482 BTC.
• Bitcoin SV (BSV) traded 2.6% lower against the dollar and now trades at $47.05 or 0.00070372 BTC.
• NyanCoin (NYAN) traded down 2.2% against the dollar and now trades at $2.40 or 0.00008809 BTC.

Ergo Coin Profile

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 78,103,086 coins and its circulating supply is 78,103,359 coins. Ergo’s official message board 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. 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 presently possible to purchase alternative cryptocurrencies such as Ergo directly using US dollars. Investors seeking to acquire Ergo should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Gemini, GDAX 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