Ergo (ERG) Self Reported Market Capitalization Achieves $67.82 Million

Ergo (ERG) traded 1% lower against the dollar during the 1 day period ending at 23:00 PM Eastern on July 12th. Ergo has a total market cap of $67.82 million and approximately $446,436.20 worth of Ergo was traded on exchanges in the last day. One Ergo coin can now be bought for about $0.89 or 0.00001535 BTC on popular exchanges. In the last seven days, Ergo has traded up 6.7% against the dollar.

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

• Bitcoin (BTC) traded 1.7% higher against the dollar and now trades at $57,862.73 or 1.00000000 BTC.
• Dogecoin (DOGE) traded up 1.6% against the dollar and now trades at $0.11 or 0.00000187 BTC.
• Bitcoin Cash (BCH) traded up 7.4% against the dollar and now trades at $374.20 or 0.00646711 BTC.
• UNUS SED LEO (LEO) traded 2.6% lower against the dollar and now trades at $5.71 or 0.00009866 BTC.
• Litecoin (LTC) traded up 2% against the dollar and now trades at $69.48 or 0.00120069 BTC.
• Ethereum Classic (ETC) traded up 3.8% against the dollar and now trades at $21.58 or 0.00037291 BTC.
• Monero (XMR) traded up 0.6% against the dollar and now trades at $160.48 or 0.00277344 BTC.
• Arweave (AR) traded down 0.7% against the dollar and now trades at $24.08 or 0.00041618 BTC.
• NyanCoin (NYAN) traded down 2.2% against the dollar and now trades at $2.40 or 0.00008809 BTC.
• Bitcoin SV (BSV) traded up 4.5% against the dollar and now trades at $39.45 or 0.00068181 BTC.

Ergo Profile

Ergo (CRYPTO: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 76,350,228 coins and its circulating supply is 76,351,908 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. Ergo’s official Twitter account is @ergo_platform and its Facebook page is accessible here. Ergo’s official website 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 possible to purchase alternative cryptocurrencies such as Ergo directly using U.S. dollars. Investors seeking to acquire 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