Ergo Trading Up 3.7% Over Last 7 Days (ERG)

Ergo (ERG) traded down 1.7% against the dollar during the one day period ending at 19:00 PM ET on September 12th. Ergo has a market cap of $55.59 million and $270,257.69 worth of Ergo was traded on exchanges in the last day. One Ergo coin can currently be purchased for about $0.72 or 0.00001237 BTC on popular exchanges. Over the last seven days, Ergo has traded up 3.7% against the dollar.

Here is how other cryptocurrencies have performed over the last day:

• Bitcoin (BTC) traded 1% higher against the dollar and now trades at $58,070.86 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 1.4% higher against the dollar and now trades at $0.10 or 0.00000177 BTC.
• Bitcoin Cash (BCH) traded 1% lower against the dollar and now trades at $332.86 or 0.00573188 BTC.
• UNUS SED LEO (LEO) traded up 3.9% against the dollar and now trades at $5.79 or 0.00009972 BTC.
• Litecoin (LTC) traded 1% higher against the dollar and now trades at $62.80 or 0.00108146 BTC.
• Monero (XMR) traded 0.3% lower against the dollar and now trades at $173.00 or 0.00297905 BTC.
• Ethereum Classic (ETC) traded up 0.3% against the dollar and now trades at $18.53 or 0.00031907 BTC.
• Arweave (AR) traded 0.1% lower against the dollar and now trades at $19.98 or 0.00034414 BTC.
• Bitcoin SV (BSV) traded 1.8% lower against the dollar and now trades at $48.67 or 0.00083814 BTC.
• NyanCoin (NYAN) traded 2.2% lower 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 77,409,300 coins and its circulating supply is 77,409,636 coins. Ergo’s official Twitter account is @ergo_platform and its Facebook page is accessible here. The official message board for Ergo is www.ergoforum.org. Ergo’s official website is ergoplatform.org. The Reddit community for Ergo is https://reddit.com/r/ergonauts and the currency’s Github account can be viewed 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.”

Buying and Selling Ergo

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

ERG/USD price chart by TradingView