Ergo (ERG) Trading 0.2% Lower Over Last 7 Days

Ergo (ERG) traded down 2.6% against the US dollar during the 1 day period ending at 20:00 PM ET on April 19th. One Ergo coin can now be bought for approximately $1.57 or 0.00002459 BTC on popular exchanges. Over the last seven days, Ergo has traded 0.2% lower against the US dollar. Ergo has a market cap of $117.53 million and $356,002.30 worth of Ergo was traded on exchanges in the last 24 hours.

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

• Bitcoin (BTC) traded 0.7% higher against the dollar and now trades at $63,960.69 or 1.00000000 BTC.
• Dogecoin (DOGE) traded up 2.9% against the dollar and now trades at $0.16 or 0.00000245 BTC.
• Bitcoin Cash (BCH) traded down 1% against the dollar and now trades at $478.42 or 0.00747983 BTC.
• Litecoin (LTC) traded up 0.3% against the dollar and now trades at $81.03 or 0.00126694 BTC.
• UNUS SED LEO (LEO) traded down 0.3% against the dollar and now trades at $5.83 or 0.00009121 BTC.
• Ethereum Classic (ETC) traded 0% higher against the dollar and now trades at $26.13 or 0.00040858 BTC.
• Monero (XMR) traded up 0.6% against the dollar and now trades at $117.10 or 0.00183075 BTC.
• Arweave (AR) traded 10.3% higher against the dollar and now trades at $27.66 or 0.00043238 BTC.
• Bitcoin SV (BSV) traded down 1.8% against the dollar and now trades at $65.99 or 0.00103175 BTC.
• eCash (XEC) traded 1.6% lower against the dollar and now trades at $0.0001 or 0.00000000 BTC.

Ergo Profile

Ergo (ERG) is a proof-of-work (PoW) coin that uses the Autolykos hashing algorithm. Its genesis date was July 1st, 2019. Ergo’s total supply is 74,739,783 coins and its circulating supply is 74,740,404 coins. 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. 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 presently possible to buy alternative cryptocurrencies such as Ergo directly using U.S. dollars. Investors seeking to acquire Ergo should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as GDAX, Gemini or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Ergo using one of the exchanges listed above.

ERG/USD price chart by TradingView