Ergo Self Reported Market Capitalization Tops $104.02 Million (ERG)

Ergo (ERG) traded 3.4% lower against the dollar during the 24 hour period ending at 23:00 PM Eastern on April 26th. During the last seven days, Ergo has traded 9.2% lower against the dollar. Ergo has a total market cap of $104.02 million and $275,667.60 worth of Ergo was traded on exchanges in the last day. One Ergo coin can now be bought for approximately $1.39 or 0.00002202 BTC on popular cryptocurrency exchanges.

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

  • Bitcoin (BTC) traded down 2.1% against the dollar and now trades at $63,106.84 or 1.00000000 BTC.
  • Dogecoin (DOGE) traded down 3.2% against the dollar and now trades at $0.15 or 0.00000232 BTC.
  • Bitcoin Cash (BCH) traded 0.5% lower against the dollar and now trades at $475.75 or 0.00754241 BTC.
  • Litecoin (LTC) traded 3.4% higher against the dollar and now trades at $87.74 or 0.00139099 BTC.
  • UNUS SED LEO (LEO) traded up 0.6% against the dollar and now trades at $5.79 or 0.00009172 BTC.
  • Ethereum Classic (ETC) traded 2.1% higher against the dollar and now trades at $27.27 or 0.00043235 BTC.
  • Monero (XMR) traded down 1.4% against the dollar and now trades at $118.35 or 0.00187630 BTC.
  • Arweave (AR) traded down 9.3% against the dollar and now trades at $30.69 or 0.00048650 BTC.
  • Bitcoin SV (BSV) traded 1% lower against the dollar and now trades at $65.39 or 0.00103666 BTC.
  • eCash (XEC) traded down 3.2% against the dollar and now trades at $0.0001 or 0.00000000 BTC.

About Ergo

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 74,875,512 coins and its circulating supply is 74,877,618 coins. Ergo’s official message board is www.ergoforum.org. The official website for Ergo is ergoplatform.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.”

Buying and Selling Ergo

It is usually not presently 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 GDAX, Coinbase or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Ergo using one of the aforementioned exchanges.

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