Ergo (ERG) Reaches One Day Trading Volume of $389,104.33

Ergo (ERG) traded up 3.5% against the dollar during the 24-hour period ending at 12:00 PM Eastern on February 26th. One Ergo coin can now be purchased for approximately $0.90 or 0.00001031 BTC on major exchanges. Ergo has a market capitalization of $71.54 million and approximately $389,104.33 worth of Ergo was traded on exchanges in the last day. Over the last week, Ergo has traded down 17.5% against the dollar.

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

• Bitcoin (BTC) traded down 0.2% against the dollar and now trades at $86,861.94 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 0.3% lower against the dollar and now trades at $0.21 or 0.00000237 BTC.
• Litecoin (LTC) traded 13.8% higher against the dollar and now trades at $127.54 or 0.00146825 BTC.
• UNUS SED LEO (LEO) traded up 1.1% against the dollar and now trades at $8.97 or 0.00010326 BTC.
• Bitcoin Cash (BCH) traded up 3.4% against the dollar and now trades at $295.89 or 0.00340642 BTC.
• Monero (XMR) traded 0.3% higher against the dollar and now trades at $217.67 or 0.00250590 BTC.
• Ethereum Classic (ETC) traded 1.8% higher against the dollar and now trades at $18.86 or 0.00021718 BTC.
• NyanCoin (NYAN) traded down 2.2% against the dollar and now trades at $2.40 or 0.00008809 BTC.
• IOTA (MIOTA) traded 4.4% higher against the dollar and now trades at $0.21 or 0.00000236 BTC.
• Bitcoin SV (BSV) traded up 0.7% against the dollar and now trades at $35.13 or 0.00040445 BTC.

Ergo Coin Profile

ERG 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 79,849,308 coins and its circulating supply is 79,849,038 coins. Ergo’s official message board 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. Ergo’s official website 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 purchase alternative cryptocurrencies such as Ergo directly using US dollars. Investors seeking to acquire Ergo should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Changelly, Coinbase or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Ergo using one of the exchanges listed above.

ERG/USD price chart by TradingView