Ergo Price Hits $0.48 on Top Exchanges (ERG)

Ergo (ERG) traded down 2.8% against the dollar during the one day period ending at 8:00 AM Eastern on January 16th. One Ergo coin can now be purchased for $0.48 or 0.00000502 BTC on popular cryptocurrency exchanges. Ergo has a market cap of $39.67 million and approximately $180.84 thousand worth of Ergo was traded on exchanges in the last day. Over the last seven days, Ergo has traded 5.4% higher against the dollar.

Here’s how related cryptocurrencies have performed over the last day:

• Arweave (AR) traded 1.2% lower against the dollar and now trades at $4.00 or 0.00004185 BTC.
• Bitcoin (BTC) traded down 1.4% against the dollar and now trades at $95,498.59 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 4.2% lower against the dollar and now trades at $0.14 or 0.00000145 BTC.
• Monero (XMR) traded 3.9% lower against the dollar and now trades at $704.08 or 0.00737263 BTC.
• Bitcoin Cash (BCH) traded down 2.7% against the dollar and now trades at $599.89 or 0.00628165 BTC.
• UNUS SED LEO (LEO) traded up 0.1% against the dollar and now trades at $8.91 or 0.00009327 BTC.
• Zcash (ZEC) traded 7.7% lower against the dollar and now trades at $408.34 or 0.00427586 BTC.
• Litecoin (LTC) traded 4.3% lower against the dollar and now trades at $72.44 or 0.00075857 BTC.
• Ethereum Classic (ETC) traded down 3.7% against the dollar and now trades at $12.54 or 0.00013131 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 82,734,054 coins and its circulating supply is 82,734,132 coins. Ergo’s official Twitter account is @ergo_platform and its Facebook page is accessible here. 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. The official message board for Ergo is www.ergoforum.org.

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)”

Buying and Selling Ergo

It is usually not presently possible to buy alternative cryptocurrencies such as Ergo directly using US dollars. Investors seeking to acquire Ergo should first buy 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 buy Ergo using one of the aforementioned exchanges.

ERG/USD price chart by TradingView