Ergo (ERG) Achieves Self Reported Market Capitalization of $36.06 Million

Ergo (ERG) traded down 0.1% against the US dollar during the one day period ending at 8:00 AM Eastern on January 24th. One Ergo coin can now be bought for about $0.44 or 0.00000487 BTC on cryptocurrency exchanges. Ergo has a market capitalization of $36.06 million and approximately $161.12 thousand worth of Ergo was traded on exchanges in the last 24 hours. During the last seven days, Ergo has traded down 8.6% against the US dollar.

Here’s how related cryptocurrencies have performed during the last 24 hours:

• Arweave (AR) traded 0.9% higher against the dollar and now trades at $3.57 or 0.00003987 BTC.
• Bitcoin (BTC) traded 0.2% higher against the dollar and now trades at $89,515.29 or 1.00000000 BTC.
• Dogecoin (DOGE) traded down 0.4% against the dollar and now trades at $0.12 or 0.00000139 BTC.
• Bitcoin Cash (BCH) traded up 0.5% against the dollar and now trades at $597.62 or 0.00667621 BTC.
• Monero (XMR) traded up 2% against the dollar and now trades at $521.06 or 0.00582086 BTC.
• UNUS SED LEO (LEO) traded 1.1% higher against the dollar and now trades at $8.98 or 0.00010029 BTC.
• Zcash (ZEC) traded 2.3% higher against the dollar and now trades at $372.11 or 0.00415689 BTC.
• Litecoin (LTC) traded up 0.1% against the dollar and now trades at $68.43 or 0.00076450 BTC.
• Ethereum Classic (ETC) traded 0.2% lower against the dollar and now trades at $11.69 or 0.00013065 BTC.
• NyanCoin (NYAN) traded down 2.2% against the dollar and now trades at $2.40 or 0.00008809 BTC.

About Ergo

Ergo 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 82,768,566 coins and its circulating supply is 82,768,182 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. 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.

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 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, Changelly or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Ergo using one of the aforementioned exchanges.

ERG/USD price chart by TradingView