Ergo Self Reported Market Cap Achieves $93.52 Million (ERG)

Ergo (ERG) traded 7.6% lower against the dollar during the 24-hour period ending at 11:00 AM E.T. on November 14th. One Ergo coin can now be bought for approximately $1.19 or 0.00001343 BTC on exchanges. In the last week, Ergo has traded up 62.3% against the dollar. Ergo has a market cap of $93.52 million and $397,448.47 worth of Ergo was traded on exchanges in the last 24 hours.

Here is how similar cryptocurrencies have performed in the last 24 hours:

• Bitcoin (BTC) traded 3.5% lower against the dollar and now trades at $88,804.29 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 4.5% lower against the dollar and now trades at $0.40 or 0.00000445 BTC.
• Bitcoin Cash (BCH) traded 2.6% lower against the dollar and now trades at $426.14 or 0.00479864 BTC.
• UNUS SED LEO (LEO) traded down 1.1% against the dollar and now trades at $7.44 or 0.00008373 BTC.
• Litecoin (LTC) traded up 4.8% against the dollar and now trades at $80.01 or 0.00090101 BTC.
• Ethereum Classic (ETC) traded 3.7% lower against the dollar and now trades at $21.86 or 0.00024617 BTC.
• Monero (XMR) traded 3.1% lower against the dollar and now trades at $145.69 or 0.00164059 BTC.
• Bitcoin SV (BSV) traded up 3.2% against the dollar and now trades at $63.57 or 0.00071580 BTC.
• Arweave (AR) traded down 6.1% against the dollar and now trades at $16.79 or 0.00018903 BTC.
• eCash (XEC) traded down 0.1% against the dollar and now trades at $0.0000 or 0.00000000 BTC.

About Ergo

Ergo (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 78,400,950 coins and its circulating supply is 78,400,551 coins. 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. 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.

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 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 Changelly, Gemini or GDAX. 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