Ergo (ERG) Reaches Self Reported Market Capitalization of $90.21 Million

Ergo (ERG) traded 1.2% lower against the US dollar during the 24 hour period ending at 0:00 AM Eastern on February 11th. Ergo has a market cap of $90.21 million and approximately $277,157.63 worth of Ergo was traded on exchanges in the last day. One Ergo coin can now be bought for approximately $1.23 or 0.00002555 BTC on popular exchanges. In the last week, Ergo has traded 6.2% higher against the US dollar.

Here is how similar cryptocurrencies have performed in the last day:

  • Bitcoin (BTC) traded 0.1% lower against the dollar and now trades at $48,142.90 or 1.00000000 BTC.
  • Dogecoin (DOGE) traded 2.1% lower against the dollar and now trades at $0.0802 or 0.00000167 BTC.
  • Bitcoin Cash (BCH) traded 0.8% higher against the dollar and now trades at $271.21 or 0.00563252 BTC.
  • Litecoin (LTC) traded 1.8% lower against the dollar and now trades at $71.08 or 0.00147610 BTC.
  • UNUS SED LEO (LEO) traded 1.3% lower against the dollar and now trades at $4.10 or 0.00008507 BTC.
  • Ethereum Classic (ETC) traded 1.7% lower against the dollar and now trades at $25.76 or 0.00053500 BTC.
  • Monero (XMR) traded 2.4% higher against the dollar and now trades at $121.41 or 0.00252136 BTC.
  • Bitcoin SV (BSV) traded down 2.1% against the dollar and now trades at $78.94 or 0.00163944 BTC.
  • Conflux (CFX) traded down 2.7% against the dollar and now trades at $0.22 or 0.00000455 BTC.
  • NyanCoin (NYAN) traded 2.2% lower 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. It was first traded on July 1st, 2019. Ergo’s total supply is 73,312,242 coins and its circulating supply is 73,313,112 coins. 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 message board for Ergo is www.ergoforum.org. 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.”

Ergo Coin Trading

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 exchanges listed above.

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