Ergo (ERG) Hits One Day Trading Volume of $88,733.32

Ergo (ERG) traded 1.1% lower against the dollar during the 1 day period ending at 10:00 AM Eastern on October 23rd. During the last week, Ergo has traded down 2.3% against the dollar. Ergo has a market capitalization of $50.03 million and $88,733.32 worth of Ergo was traded on exchanges in the last day. One Ergo coin can now be bought for about $0.64 or 0.00000960 BTC on exchanges.

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

• Bitcoin (BTC) traded 0.1% lower against the dollar and now trades at $66,785.88 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 0.6% higher against the dollar and now trades at $0.14 or 0.00000209 BTC.
• Bitcoin Cash (BCH) traded 1.1% lower against the dollar and now trades at $351.54 or 0.00526362 BTC.
• UNUS SED LEO (LEO) traded 0.4% lower against the dollar and now trades at $6.08 or 0.00009099 BTC.
• Litecoin (LTC) traded down 0.7% against the dollar and now trades at $69.30 or 0.00103764 BTC.
• Monero (XMR) traded 0.1% lower against the dollar and now trades at $156.33 or 0.00234071 BTC.
• Ethereum Classic (ETC) traded down 1.1% against the dollar and now trades at $18.79 or 0.00028134 BTC.
• Arweave (AR) traded 0.3% lower against the dollar and now trades at $18.11 or 0.00027110 BTC.
• Bitcoin SV (BSV) traded 1.4% lower against the dollar and now trades at $47.24 or 0.00070732 BTC.
• NyanCoin (NYAN) traded down 2.2% against the dollar and now trades at $2.40 or 0.00008809 BTC.

Ergo Profile

Ergo (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 78,069,276 coins and its circulating supply is 78,068,814 coins. 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. 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.”

Buying and Selling Ergo

It is usually not currently possible to purchase alternative cryptocurrencies such as Ergo directly using U.S. dollars. Investors seeking to trade Ergo should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Gemini, Coinbase or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Ergo using one of the aforementioned exchanges.

ERG/USD price chart by TradingView