Ergo Hits One Day Trading Volume of $775,182.79 (ERG)

Ergo (ERG) traded 1.7% lower against the US dollar during the 24 hour period ending at 16:00 PM Eastern on May 23rd. Over the last seven days, Ergo has traded down 2% against the US dollar. Ergo has a market capitalization of $92.76 million and $775,182.79 worth of Ergo was traded on exchanges in the last day. One Ergo coin can currently be purchased for about $1.23 or 0.00001826 BTC on cryptocurrency exchanges.

Here’s how similar cryptocurrencies have performed over the last day:

• Bitcoin (BTC) traded 3% lower against the dollar and now trades at $67,380.92 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 4.6% lower against the dollar and now trades at $0.16 or 0.00000234 BTC.
• Bitcoin Cash (BCH) traded down 3.1% against the dollar and now trades at $486.28 or 0.00721693 BTC.
• Litecoin (LTC) traded 2.7% lower against the dollar and now trades at $83.70 or 0.00124213 BTC.
• UNUS SED LEO (LEO) traded 0.9% higher against the dollar and now trades at $5.98 or 0.00008881 BTC.
• Ethereum Classic (ETC) traded up 7.4% against the dollar and now trades at $32.59 or 0.00048368 BTC.
• Arweave (AR) traded down 10.9% against the dollar and now trades at $41.21 or 0.00061158 BTC.
• Monero (XMR) traded up 1.7% against the dollar and now trades at $140.69 or 0.00208797 BTC.
• Bitcoin SV (BSV) traded 3.1% lower against the dollar and now trades at $63.59 or 0.00094375 BTC.
• eCash (XEC) traded down 4.9% against the dollar and now trades at $0.0000 or 0.00000000 BTC.

Ergo Profile

Ergo (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 75,392,292 coins and its circulating supply is 75,392,211 coins. 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. Ergo’s official website is ergoplatform.org. The official message board for Ergo is www.ergoforum.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.”

Ergo Coin Trading

It is usually not presently 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 Changelly, GDAX or Coinbase. 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