Ergo Price Hits $0.74 on Major Exchanges (ERG)

Ergo (ERG) traded up 1.4% against the US dollar during the twenty-four hour period ending at 0:00 AM Eastern on August 30th. Over the last week, Ergo has traded 12.1% lower against the US dollar. Ergo has a total market cap of $56.80 million and approximately $334,984.68 worth of Ergo was traded on exchanges in the last 24 hours. One Ergo coin can currently be purchased for about $0.74 or 0.00001242 BTC on major exchanges.

Here is how similar cryptocurrencies have performed over the last 24 hours:

• Bitcoin (BTC) traded 0.2% higher against the dollar and now trades at $59,239.50 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 1.2% higher against the dollar and now trades at $0.10 or 0.00000171 BTC.
• Bitcoin Cash (BCH) traded up 1.3% against the dollar and now trades at $326.09 or 0.00550466 BTC.
• UNUS SED LEO (LEO) traded 2.3% higher against the dollar and now trades at $5.94 or 0.00010023 BTC.
• Litecoin (LTC) traded 5.6% higher against the dollar and now trades at $65.75 or 0.00110998 BTC.
• Monero (XMR) traded 4.6% higher against the dollar and now trades at $169.79 or 0.00286609 BTC.
• Ethereum Classic (ETC) traded up 0.6% against the dollar and now trades at $18.54 or 0.00031291 BTC.
• Arweave (AR) traded 0.3% lower against the dollar and now trades at $21.87 or 0.00036911 BTC.
• Bitcoin SV (BSV) traded 1.6% higher against the dollar and now trades at $42.79 or 0.00072230 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 77,188,476 coins and its circulating supply is 77,189,484 coins. 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. The official website for Ergo is ergoplatform.org. Ergo’s official Twitter account is @ergo_platform and its Facebook page is accessible 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.”

Ergo Coin Trading

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

ERG/USD price chart by TradingView