Ergo (ERG) Trading Up 4.9% Over Last Week

Ergo (ERG) traded 2.1% lower against the dollar during the twenty-four hour period ending at 8:00 AM Eastern on April 24th. Ergo has a market cap of $114.23 million and $342,865.11 worth of Ergo was traded on exchanges in the last 24 hours. One Ergo coin can currently be purchased for about $1.53 or 0.00002291 BTC on cryptocurrency exchanges. During the last seven days, Ergo has traded up 4.9% against the dollar.

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

• Bitcoin (BTC) traded up 0.8% against the dollar and now trades at $66,620.69 or 1.00000000 BTC.
• Dogecoin (DOGE) traded up 2.4% against the dollar and now trades at $0.16 or 0.00000244 BTC.
• Bitcoin Cash (BCH) traded 0.1% lower against the dollar and now trades at $505.63 or 0.00758954 BTC.
• Litecoin (LTC) traded 2.7% higher against the dollar and now trades at $86.62 or 0.00130017 BTC.
• UNUS SED LEO (LEO) traded up 0.1% against the dollar and now trades at $5.77 or 0.00008657 BTC.
• Ethereum Classic (ETC) traded 1% higher against the dollar and now trades at $28.16 or 0.00042261 BTC.
• Monero (XMR) traded down 0.2% against the dollar and now trades at $121.76 or 0.00182760 BTC.
• Arweave (AR) traded 2.8% lower against the dollar and now trades at $33.52 or 0.00050319 BTC.
• Bitcoin SV (BSV) traded 1.1% higher against the dollar and now trades at $72.25 or 0.00108440 BTC.
• eCash (XEC) traded up 1.4% against the dollar and now trades at $0.0001 or 0.00000000 BTC.

Ergo Coin Profile

ERG is a proof-of-work (PoW) coin that uses the Autolykos hashing algorithm. It launched on July 1st, 2019. Ergo’s total supply is 74,825,508 coins and its circulating supply is 74,826,750 coins. 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. 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.

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 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 Coinbase, GDAX or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Ergo using one of the exchanges listed above.

ERG/USD price chart by TradingView