Ergo Price Tops $1.85 (ERG)

Ergo (ERG) traded down 1.4% against the U.S. dollar during the 1-day period ending at 10:00 AM Eastern on March 29th. Ergo has a total market capitalization of $137.34 million and $465,791.83 worth of Ergo was traded on exchanges in the last 24 hours. During the last seven days, Ergo has traded up 1.4% against the U.S. dollar. One Ergo coin can now be purchased for approximately $1.85 or 0.00002625 BTC on exchanges.

Here’s how similar cryptocurrencies have performed during the last 24 hours:

• Bitcoin (BTC) traded 1.7% lower against the dollar and now trades at $70,403.83 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 0.5% lower against the dollar and now trades at $0.22 or 0.00000309 BTC.
• Bitcoin Cash (BCH) traded up 7.8% against the dollar and now trades at $617.62 or 0.00877253 BTC.
• Litecoin (LTC) traded up 10.6% against the dollar and now trades at $105.08 or 0.00149255 BTC.
• UNUS SED LEO (LEO) traded 0.3% higher against the dollar and now trades at $6.09 or 0.00008649 BTC.
• Ethereum Classic (ETC) traded up 6.6% against the dollar and now trades at $34.43 or 0.00048898 BTC.
• Arweave (AR) traded down 3.2% against the dollar and now trades at $41.01 or 0.00058254 BTC.
• Monero (XMR) traded 1.3% lower against the dollar and now trades at $134.39 or 0.00190878 BTC.
• Bitcoin SV (BSV) traded 4.9% higher against the dollar and now trades at $97.09 or 0.00137908 BTC.
• Conflux (CFX) traded up 1.3% against the dollar and now trades at $0.48 or 0.00000689 BTC.

Ergo Coin Profile

ERG is a proof-of-work (PoW) coin that uses the Autolykos hashing algorithm. Its genesis date was July 1st, 2019. Ergo’s total supply is 74,304,552 coins and its circulating supply is 74,306,352 coins. The Reddit community for Ergo is https://reddit.com/r/ergonauts and the currency’s Github account can be viewed here. The official message board for Ergo is www.ergoforum.org. Ergo’s official Twitter account is @ergo_platform and its Facebook page is accessible here. Ergo’s official website is ergoplatform.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.”

Buying and Selling Ergo

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 Coinbase, Gemini 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