Ergo Self Reported Market Capitalization Achieves $71.54 Million (ERG)

Ergo (ERG) traded up 3.5% against the US dollar during the 24 hour period ending at 12:00 PM Eastern on February 26th. Ergo has a total market cap of $71.54 million and $389,104.33 worth of Ergo was traded on exchanges in the last 24 hours. During the last week, Ergo has traded down 17.5% against the US dollar. One Ergo coin can currently be purchased for $0.90 or 0.00001031 BTC on popular exchanges.

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

• Bitcoin (BTC) traded 0.2% lower against the dollar and now trades at $86,861.94 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 0.3% lower against the dollar and now trades at $0.21 or 0.00000237 BTC.
• Litecoin (LTC) traded up 13.8% against the dollar and now trades at $127.54 or 0.00146825 BTC.
• UNUS SED LEO (LEO) traded up 1.1% against the dollar and now trades at $8.97 or 0.00010326 BTC.
• Bitcoin Cash (BCH) traded up 3.4% against the dollar and now trades at $295.89 or 0.00340642 BTC.
• Monero (XMR) traded 0.3% higher against the dollar and now trades at $217.67 or 0.00250590 BTC.
• Ethereum Classic (ETC) traded up 1.8% against the dollar and now trades at $18.86 or 0.00021718 BTC.
• NyanCoin (NYAN) traded down 2.2% against the dollar and now trades at $2.40 or 0.00008809 BTC.
• IOTA (MIOTA) traded 4.4% higher against the dollar and now trades at $0.21 or 0.00000236 BTC.
• Bitcoin SV (BSV) traded 0.7% higher against the dollar and now trades at $35.13 or 0.00040445 BTC.

About Ergo

Ergo (ERG) is a proof-of-work (PoW) coin that uses the Autolykos hashing algorithm. It launched on July 1st, 2019. Ergo’s total supply is 79,849,308 coins and its circulating supply is 79,849,038 coins. The Reddit community for Ergo is https://reddit.com/r/ergonauts and the currency’s Github account can be viewed here. Ergo’s official Twitter account is @ergo_platform and its Facebook page is accessible here. Ergo’s official message board is www.ergoforum.org. The official website for Ergo is ergoplatform.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.”

Buying and Selling Ergo

It is usually not possible to purchase alternative cryptocurrencies such as Ergo directly using U.S. dollars. Investors seeking to trade Ergo should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Changelly, Coinbase or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Ergo using one of the exchanges listed above.

ERG/USD price chart by TradingView