Ergo One Day Volume Tops $98,978.89 (ERG)

Ergo (ERG) traded down 4.2% against the dollar during the 24-hour period ending at 15:00 PM ET on November 3rd. During the last week, Ergo has traded down 5% against the dollar. One Ergo coin can currently be bought for approximately $0.64 or 0.00000933 BTC on cryptocurrency exchanges. Ergo has a market cap of $50.07 million and $98,978.89 worth of Ergo was traded on exchanges in the last day.

Here’s how similar cryptocurrencies have performed during the last day:

• Bitcoin (BTC) traded 1.3% lower against the dollar and now trades at $68,618.69 or 1.00000000 BTC.
• Dogecoin (DOGE) traded down 7.1% against the dollar and now trades at $0.15 or 0.00000216 BTC.
• Bitcoin Cash (BCH) traded down 4.4% against the dollar and now trades at $340.21 or 0.00495800 BTC.
• UNUS SED LEO (LEO) traded down 0.2% against the dollar and now trades at $6.04 or 0.00008807 BTC.
• Litecoin (LTC) traded down 4.2% against the dollar and now trades at $66.55 or 0.00096991 BTC.
• Monero (XMR) traded 1.6% higher against the dollar and now trades at $156.47 or 0.00228029 BTC.
• Ethereum Classic (ETC) traded 2.1% lower against the dollar and now trades at $17.77 or 0.00025904 BTC.
• Bitcoin SV (BSV) traded down 6% against the dollar and now trades at $46.67 or 0.00068019 BTC.
• Arweave (AR) traded 4.8% lower against the dollar and now trades at $13.74 or 0.00020027 BTC.
• NyanCoin (NYAN) traded 2.2% lower against the dollar and now trades at $2.40 or 0.00008809 BTC.

Ergo Profile

Ergo (ERG) is a proof-of-work (PoW) coin that uses the Autolykos hashing algorithm. It was first traded on July 1st, 2019. Ergo’s total supply is 78,238,116 coins and its circulating supply is 78,238,452 coins. The official website for Ergo is ergoplatform.org. The official message board for Ergo 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.

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

ERG/USD price chart by TradingView