Ergo Trading 4.8% Higher Over Last Week (ERG)

Ergo (ERG) traded down 1.4% against the US dollar during the 1 day period ending at 14:00 PM E.T. on November 2nd. Ergo has a total market capitalization of $51.89 million and $74,735.15 worth of Ergo was traded on exchanges in the last day. One Ergo coin can now be purchased for about $0.66 or 0.00000957 BTC on popular exchanges. During the last week, Ergo has traded up 4.8% against the US dollar.

Here is how similar cryptocurrencies have performed during the last day:

• Bitcoin (BTC) traded up 0.2% against the dollar and now trades at $69,345.33 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 2.3% lower against the dollar and now trades at $0.16 or 0.00000228 BTC.
• Bitcoin Cash (BCH) traded 1.2% lower against the dollar and now trades at $346.15 or 0.00499223 BTC.
• UNUS SED LEO (LEO) traded 0% lower against the dollar and now trades at $6.05 or 0.00008730 BTC.
• Litecoin (LTC) traded down 1.1% against the dollar and now trades at $69.41 or 0.00100109 BTC.
• Monero (XMR) traded down 0.7% against the dollar and now trades at $155.76 or 0.00224634 BTC.
• Ethereum Classic (ETC) traded down 2.5% against the dollar and now trades at $18.09 or 0.00026087 BTC.
• Bitcoin SV (BSV) traded down 3.4% against the dollar and now trades at $48.60 or 0.00070094 BTC.
• Arweave (AR) traded down 6.9% against the dollar and now trades at $14.25 or 0.00020555 BTC.
• NyanCoin (NYAN) traded down 2.2% against the dollar and now trades at $2.40 or 0.00008809 BTC.

Ergo Profile

Ergo 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 78,220,455 coins and its circulating supply is 78,220,770 coins. 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. 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 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 Gemini, Changelly or GDAX. 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