Ergo (ERG) Price Down 4.1% Over Last 7 Days

Ergo (ERG) traded down 0.5% against the dollar during the one day period ending at 21:00 PM ET on November 3rd. One Ergo coin can now be purchased for about $0.64 or 0.00000927 BTC on major exchanges. During the last week, Ergo has traded down 4.1% against the dollar. Ergo has a market capitalization of $50.17 million and $113,920.49 worth of Ergo was traded on exchanges in the last day.

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

• Bitcoin (BTC) traded up 1.5% against the dollar and now trades at $69,147.60 or 1.00000000 BTC.
• Dogecoin (DOGE) traded down 1% against the dollar and now trades at $0.15 or 0.00000220 BTC.
• Bitcoin Cash (BCH) traded down 3.1% against the dollar and now trades at $339.01 or 0.00490272 BTC.
• UNUS SED LEO (LEO) traded 0% lower against the dollar and now trades at $6.05 or 0.00008750 BTC.
• Litecoin (LTC) traded 1.3% lower against the dollar and now trades at $67.35 or 0.00097405 BTC.
• Monero (XMR) traded 0.4% higher against the dollar and now trades at $156.60 or 0.00226475 BTC.
• Ethereum Classic (ETC) traded down 0.6% against the dollar and now trades at $17.85 or 0.00025818 BTC.
• Bitcoin SV (BSV) traded down 0.3% against the dollar and now trades at $47.65 or 0.00068907 BTC.
• Arweave (AR) traded 1.5% lower against the dollar and now trades at $14.00 or 0.00020244 BTC.
• NyanCoin (NYAN) traded 2.2% lower against the dollar and now trades at $2.40 or 0.00008809 BTC.

Ergo Coin 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 78,241,791 coins and its circulating supply is 78,242,064 coins. The official website for Ergo is ergoplatform.org. Ergo’s official message board is www.ergoforum.org. 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.

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 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 Changelly, GDAX or Coinbase. 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