Ergo Trading Up 0.3% Over Last Week (ERG)

Ergo (ERG) traded 4.4% higher against the US dollar during the 1-day period ending at 16:00 PM E.T. on October 24th. Over the last week, Ergo has traded up 0.3% against the US dollar. One Ergo coin can now be purchased for $0.66 or 0.00000972 BTC on popular exchanges. Ergo has a market capitalization of $51.78 million and $110,661.76 worth of Ergo was traded on exchanges in the last 24 hours.

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

• Bitcoin (BTC) traded up 2.4% against the dollar and now trades at $68,252.53 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 2.7% higher against the dollar and now trades at $0.14 or 0.00000209 BTC.
• Bitcoin Cash (BCH) traded up 5.5% against the dollar and now trades at $365.41 or 0.00535380 BTC.
• UNUS SED LEO (LEO) traded 0.7% higher against the dollar and now trades at $6.11 or 0.00008950 BTC.
• Litecoin (LTC) traded 2.2% higher against the dollar and now trades at $70.96 or 0.00103971 BTC.
• Monero (XMR) traded 0.3% lower against the dollar and now trades at $156.04 or 0.00228617 BTC.
• Ethereum Classic (ETC) traded 2.1% higher against the dollar and now trades at $18.89 or 0.00027680 BTC.
• Arweave (AR) traded 3% higher against the dollar and now trades at $18.27 or 0.00026765 BTC.
• Bitcoin SV (BSV) traded 4.2% higher against the dollar and now trades at $48.39 or 0.00070892 BTC.
• NyanCoin (NYAN) traded 2.2% lower against the dollar and now trades at $2.40 or 0.00008809 BTC.

Ergo Profile

ERG is a proof-of-work (PoW) coin that uses the Autolykos hashing algorithm. Its launch date was July 1st, 2019. Ergo’s total supply is 78,087,357 coins and its circulating supply is 78,087,000 coins. The official message board for Ergo 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 website 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.”

Ergo Coin Trading

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

ERG/USD price chart by TradingView