Ergo (ERG) Price Down 4.1% Over Last 7 Days

Ergo (ERG) traded down 0.5% against the US dollar during the 1 day period ending at 21:00 PM E.T. on November 3rd. Ergo has a market cap of $50.17 million and $113,920.49 worth of Ergo was traded on exchanges in the last 24 hours. One Ergo coin can currently be bought for $0.64 or 0.00000927 BTC on cryptocurrency exchanges. During the last seven days, Ergo has traded 4.1% lower against the US dollar.

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

• Bitcoin (BTC) traded up 1.5% against the dollar and now trades at $69,147.60 or 1.00000000 BTC.
• Dogecoin (DOGE) traded down 1% against the dollar and now trades at $0.15 or 0.00000220 BTC.
• Bitcoin Cash (BCH) traded down 3.1% against the dollar and now trades at $339.01 or 0.00490272 BTC.
• UNUS SED LEO (LEO) traded 0% lower against the dollar and now trades at $6.05 or 0.00008750 BTC.
• Litecoin (LTC) traded 1.3% lower against the dollar and now trades at $67.35 or 0.00097405 BTC.
• Monero (XMR) traded 0.4% higher against the dollar and now trades at $156.60 or 0.00226475 BTC.
• Ethereum Classic (ETC) traded 0.6% lower against the dollar and now trades at $17.85 or 0.00025818 BTC.
• Bitcoin SV (BSV) traded down 0.3% against the dollar and now trades at $47.65 or 0.00068907 BTC.
• Arweave (AR) traded 1.5% lower against the dollar and now trades at $14.00 or 0.00020244 BTC.
• NyanCoin (NYAN) traded 2.2% lower against the dollar and now trades at $2.40 or 0.00008809 BTC.

Ergo Profile

Ergo (CRYPTO:ERG) 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 78,241,791 coins and its circulating supply is 78,242,064 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 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.”

Ergo Coin Trading

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

ERG/USD price chart by TradingView