Ergo Trading 3% Higher Over Last Week (ERG)

Ergo (ERG) traded 2.7% higher against the dollar during the twenty-four hour period ending at 13:00 PM ET on September 10th. Over the last week, Ergo has traded 3% higher against the dollar. One Ergo coin can now be purchased for approximately $0.73 or 0.00001284 BTC on exchanges. Ergo has a total market capitalization of $56.51 million and $259,455.30 worth of Ergo was traded on exchanges in the last day.

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

• Bitcoin (BTC) traded up 1.2% against the dollar and now trades at $56,893.89 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 0.4% lower against the dollar and now trades at $0.10 or 0.00000180 BTC.
• Bitcoin Cash (BCH) traded up 2.5% against the dollar and now trades at $326.39 or 0.00573679 BTC.
• UNUS SED LEO (LEO) traded 4.4% higher against the dollar and now trades at $5.64 or 0.00009909 BTC.
• Litecoin (LTC) traded up 0.5% against the dollar and now trades at $60.94 or 0.00107108 BTC.
• Monero (XMR) traded down 0.4% against the dollar and now trades at $170.11 or 0.00298994 BTC.
• Ethereum Classic (ETC) traded 1.7% higher against the dollar and now trades at $18.46 or 0.00032440 BTC.
• Arweave (AR) traded down 2.2% against the dollar and now trades at $20.08 or 0.00035287 BTC.
• Bitcoin SV (BSV) traded up 9.3% against the dollar and now trades at $50.27 or 0.00088366 BTC.
• NyanCoin (NYAN) traded 2.2% lower against the dollar and now trades at $2.40 or 0.00008809 BTC.

Ergo Profile

Ergo (CRYPTO:ERG) is a proof-of-work (PoW) coin that uses the Autolykos hashing algorithm. Its launch date was July 1st, 2019. Ergo’s total supply is 77,370,708 coins and its circulating supply is 77,370,420 coins. Ergo’s official Twitter account is @ergo_platform and its Facebook page is accessible here. The Reddit community for Ergo is https://reddit.com/r/ergonauts and the currency’s Github account can be viewed here. Ergo’s official website is ergoplatform.org. The official message board for Ergo 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 currently possible to purchase alternative cryptocurrencies such as Ergo directly using US dollars. Investors seeking to trade Ergo should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as GDAX, Changelly 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