Ergo Price Hits $0.65 on Exchanges (ERG)

Ergo (ERG) traded up 1.4% against the dollar during the 24-hour period ending at 22:00 PM Eastern on October 24th. In the last week, Ergo has traded 2.4% lower against the dollar. Ergo has a total market capitalization of $50.42 million and approximately $108,531.42 worth of Ergo was traded on exchanges in the last 24 hours. One Ergo coin can currently be purchased for approximately $0.65 or 0.00000952 BTC on popular cryptocurrency exchanges.

Here’s how related cryptocurrencies have performed in the last 24 hours:

• Bitcoin (BTC) traded 0.8% higher against the dollar and now trades at $67,842.05 or 1.00000000 BTC.
• Dogecoin (DOGE) traded down 0.8% against the dollar and now trades at $0.14 or 0.00000205 BTC.
• Bitcoin Cash (BCH) traded up 3.3% against the dollar and now trades at $365.45 or 0.00538684 BTC.
• UNUS SED LEO (LEO) traded 0.4% higher against the dollar and now trades at $6.10 or 0.00008995 BTC.
• Litecoin (LTC) traded up 1.2% against the dollar and now trades at $71.20 or 0.00104946 BTC.
• Monero (XMR) traded 0.5% higher against the dollar and now trades at $156.94 or 0.00231331 BTC.
• Ethereum Classic (ETC) traded 0.1% lower against the dollar and now trades at $18.74 or 0.00027619 BTC.
• Arweave (AR) traded 0.9% higher against the dollar and now trades at $18.19 or 0.00026811 BTC.
• Bitcoin SV (BSV) traded up 1.9% against the dollar and now trades at $48.18 or 0.00071012 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. Its genesis date was July 1st, 2019. Ergo’s total supply is 78,091,158 coins and its circulating supply is 78,091,452 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. The official message board for Ergo 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 presently possible to purchase alternative cryptocurrencies such as Ergo directly using U.S. dollars. Investors seeking to acquire Ergo should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Gemini, GDAX or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Ergo using one of the aforementioned exchanges.

ERG/USD price chart by TradingView