Ergo Self Reported Market Capitalization Achieves $65.98 Million (ERG)

Ergo (ERG) traded up 3.7% against the dollar during the 1 day period ending at 16:00 PM ET on July 27th. In the last week, Ergo has traded down 4.9% against the dollar. Ergo has a market capitalization of $65.98 million and approximately $518,168.43 worth of Ergo was traded on exchanges in the last 24 hours. One Ergo coin can now be bought for $0.86 or 0.00001288 BTC on exchanges.

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

• Bitcoin (BTC) traded 1.4% lower against the dollar and now trades at $66,866.76 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 1.2% lower against the dollar and now trades at $0.13 or 0.00000197 BTC.
• Bitcoin Cash (BCH) traded up 3.6% against the dollar and now trades at $389.13 or 0.00581953 BTC.
• UNUS SED LEO (LEO) traded 0.7% higher against the dollar and now trades at $5.84 or 0.00008738 BTC.
• Litecoin (LTC) traded down 0.6% against the dollar and now trades at $70.63 or 0.00105627 BTC.
• Ethereum Classic (ETC) traded 0.1% higher against the dollar and now trades at $22.79 or 0.00034078 BTC.
• Monero (XMR) traded 0.2% lower against the dollar and now trades at $163.41 or 0.00244378 BTC.
• Arweave (AR) traded 1% lower against the dollar and now trades at $31.06 or 0.00046457 BTC.
• Bitcoin SV (BSV) traded up 2.4% against the dollar and now trades at $45.71 or 0.00068359 BTC.
• NyanCoin (NYAN) traded down 2.2% against the dollar and now trades at $2.40 or 0.00008809 BTC.

Ergo Coin 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 76,602,660 coins and its circulating supply is 76,603,524 coins. Ergo’s official message board is www.ergoforum.org. 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 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 possible to purchase alternative cryptocurrencies such as Ergo directly using US dollars. Investors seeking to acquire Ergo should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Changelly, GDAX or Coinbase. 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