Ergo 1-Day Trading Volume Tops $270,900.49 (ERG)

Ergo (ERG) traded 1% lower against the US dollar during the 1 day period ending at 11:00 AM ET on April 27th. One Ergo coin can currently be purchased for about $1.40 or 0.00002219 BTC on major cryptocurrency exchanges. During the last seven days, Ergo has traded down 8.8% against the US dollar. Ergo has a market cap of $104.75 million and $270,900.49 worth of Ergo was traded on exchanges in the last 24 hours.

Here is how other cryptocurrencies have performed during the last 24 hours:

• Bitcoin (BTC) traded 0.9% lower against the dollar and now trades at $63,047.61 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 1.2% lower against the dollar and now trades at $0.15 or 0.00000232 BTC.
• Bitcoin Cash (BCH) traded 0.3% lower against the dollar and now trades at $476.98 or 0.00756536 BTC.
• Litecoin (LTC) traded 2.7% lower against the dollar and now trades at $84.70 or 0.00134340 BTC.
• UNUS SED LEO (LEO) traded down 0.6% against the dollar and now trades at $5.81 or 0.00009214 BTC.
• Ethereum Classic (ETC) traded down 0.6% against the dollar and now trades at $26.93 or 0.00042712 BTC.
• Monero (XMR) traded down 0.5% against the dollar and now trades at $121.09 or 0.00192059 BTC.
• Arweave (AR) traded up 0.8% against the dollar and now trades at $32.47 or 0.00051507 BTC.
• Bitcoin SV (BSV) traded 0.5% higher against the dollar and now trades at $65.76 or 0.00104300 BTC.
• eCash (XEC) traded down 1.8% against the dollar and now trades at $0.0001 or 0.00000000 BTC.

About Ergo

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 74,886,042 coins and its circulating supply is 74,886,609 coins. Ergo’s official Twitter account is @ergo_platform and its Facebook page is accessible here. Ergo’s official website is ergoplatform.org. The official message board for Ergo 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.

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 trade Ergo should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as GDAX, Coinbase or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Ergo using one of the exchanges listed above.

ERG/USD price chart by TradingView