Ergo (ERG) Trading 1.7% Higher Over Last Week

Ergo (ERG) traded up 12.1% against the US dollar during the 1-day period ending at 14:00 PM E.T. on May 9th. One Ergo coin can currently be bought for about $1.31 or 0.00002120 BTC on popular exchanges. In the last seven days, Ergo has traded 1.7% higher against the US dollar. Ergo has a total market cap of $98.76 million and approximately $1.10 million worth of Ergo was traded on exchanges in the last 24 hours.

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

• Bitcoin (BTC) traded 0.6% lower against the dollar and now trades at $62,024.32 or 1.00000000 BTC.
• Dogecoin (DOGE) traded down 0% against the dollar and now trades at $0.15 or 0.00000240 BTC.
• Bitcoin Cash (BCH) traded down 3% against the dollar and now trades at $444.43 or 0.00716541 BTC.
• Litecoin (LTC) traded up 0.6% against the dollar and now trades at $82.08 or 0.00132343 BTC.
• UNUS SED LEO (LEO) traded 1.6% lower against the dollar and now trades at $5.81 or 0.00009366 BTC.
• Ethereum Classic (ETC) traded down 2.9% against the dollar and now trades at $27.32 or 0.00044048 BTC.
• Arweave (AR) traded 11.6% higher against the dollar and now trades at $41.69 or 0.00067220 BTC.
• Monero (XMR) traded 4.1% higher against the dollar and now trades at $134.73 or 0.00217214 BTC.
• Bitcoin SV (BSV) traded down 0.7% against the dollar and now trades at $63.59 or 0.00102531 BTC.
• eCash (XEC) traded 0.4% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.

Ergo Coin Profile

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 75,120,213 coins and its circulating supply is 75,120,780 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. Ergo’s official message board 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 US dollars. Investors seeking to acquire Ergo should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as GDAX, Coinbase or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Ergo using one of the aforementioned exchanges.

ERG/USD price chart by TradingView