Ergo (ERG) Hits Self Reported Market Capitalization of $37.16 Million

Ergo (ERG) traded down 3.2% against the US dollar during the 24-hour period ending at 8:00 AM Eastern on January 8th. Ergo has a market cap of $37.16 million and approximately $157.61 thousand worth of Ergo was traded on exchanges in the last day. In the last seven days, Ergo has traded down 4.4% against the US dollar. One Ergo coin can currently be purchased for about $0.45 or 0.00000500 BTC on major exchanges.

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

• Arweave (AR) traded 7.2% lower against the dollar and now trades at $3.75 or 0.00004174 BTC.
• Bitcoin (BTC) traded down 2.3% against the dollar and now trades at $89,838.04 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 5.9% lower against the dollar and now trades at $0.14 or 0.00000156 BTC.
• Bitcoin Cash (BCH) traded 0.8% lower against the dollar and now trades at $625.32 or 0.00695909 BTC.
• UNUS SED LEO (LEO) traded up 1.8% against the dollar and now trades at $9.17 or 0.00010208 BTC.
• Monero (XMR) traded 2.8% higher against the dollar and now trades at $457.99 or 0.00509691 BTC.
• Zcash (ZEC) traded 18.5% lower against the dollar and now trades at $397.74 or 0.00442640 BTC.
• Litecoin (LTC) traded down 2.2% against the dollar and now trades at $80.64 or 0.00089744 BTC.
• Ethereum Classic (ETC) traded 4.3% lower against the dollar and now trades at $12.47 or 0.00013876 BTC.
• NyanCoin (NYAN) traded 2.2% lower against the dollar and now trades at $2.40 or 0.00008809 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 82,699,830 coins and its circulating supply is 82,699,884 coins. The official website for Ergo is ergoplatform.org. The official message board for Ergo is www.ergoforum.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.

According to CryptoCompare, “Ergo builds advanced cryptographic features and radically new DeFi functionality on the rock-solid foundations laid by a decade of blockchain theory and development. Ergo is the open protocol that implements modern scientific ideas in the blockchain area. Ergo operates an open contributor model where anyone is welcome to contribute.EFYT (Ergo First Year Tokens) served the dual purposes of helping to build an early community of stake holders and enthusiasts for Ergo and of raising a small amount of funds for the platform before launch to fund development, promotion etc. EFYT is strictly a Waves token and is not the same as an ERG, which is the Ergo mainnet native token mined after Ergo’s mainnet launch.EFYT were swapped with a fraction of the ERG mined within the first 1 year post mainnet launch (July 1st 2019)”

Ergo Coin Trading

It is usually not currently 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 Changelly, 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