Ergo (ERG) Hits Self Reported Market Cap of $99.65 Million

Ergo (ERG) traded up 31.4% against the US dollar during the twenty-four hour period ending at 12:00 PM ET on November 10th. In the last seven days, Ergo has traded 103% higher against the US dollar. One Ergo coin can currently be bought for approximately $1.27 or 0.00001595 BTC on major exchanges. Ergo has a market cap of $99.65 million and approximately $541,188.49 worth of Ergo was traded on exchanges in the last 24 hours.

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

• Bitcoin (BTC) traded up 4.5% against the dollar and now trades at $79,755.92 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 26.7% higher against the dollar and now trades at $0.26 or 0.00000325 BTC.
• Bitcoin Cash (BCH) traded 17.6% higher against the dollar and now trades at $448.33 or 0.00562122 BTC.
• UNUS SED LEO (LEO) traded 14.6% higher against the dollar and now trades at $6.96 or 0.00008731 BTC.
• Litecoin (LTC) traded 7.4% higher against the dollar and now trades at $77.92 or 0.00097697 BTC.
• Ethereum Classic (ETC) traded up 13% against the dollar and now trades at $23.23 or 0.00029127 BTC.
• Monero (XMR) traded up 0.7% against the dollar and now trades at $163.58 or 0.00205097 BTC.
• Arweave (AR) traded 7.9% higher against the dollar and now trades at $19.47 or 0.00024411 BTC.
• Bitcoin SV (BSV) traded up 17.6% against the dollar and now trades at $61.07 or 0.00076575 BTC.
• NyanCoin (NYAN) traded down 2.2% against the dollar and now trades at $2.40 or 0.00008809 BTC.

About Ergo

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 78,340,029 coins and its circulating supply is 78,339,882 coins. The official message board for Ergo is www.ergoforum.org. The official website for Ergo is ergoplatform.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.

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 currently possible to buy alternative cryptocurrencies such as Ergo directly using US dollars. Investors seeking to acquire Ergo should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as GDAX, Gemini or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Ergo using one of the aforementioned exchanges.

ERG/USD price chart by TradingView