Ergo Price Tops $0.90 (ERG)

Ergo (ERG) traded down 1.4% against the U.S. dollar during the 1 day period ending at 21:00 PM Eastern on June 28th. Over the last seven days, Ergo has traded down 6.6% against the U.S. dollar. One Ergo coin can now be bought for approximately $0.90 or 0.00001477 BTC on popular cryptocurrency exchanges. Ergo has a total market capitalization of $68.30 million and approximately $659,763.90 worth of Ergo was traded on exchanges in the last 24 hours.

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

• Bitcoin (BTC) traded 1.8% lower against the dollar and now trades at $60,754.25 or 1.00000000 BTC.
• Dogecoin (DOGE) traded down 2.6% against the dollar and now trades at $0.12 or 0.00000203 BTC.
• Bitcoin Cash (BCH) traded down 0.2% against the dollar and now trades at $388.50 or 0.00639462 BTC.
• Litecoin (LTC) traded 0.3% lower against the dollar and now trades at $73.09 or 0.00120312 BTC.
• UNUS SED LEO (LEO) traded down 0.7% against the dollar and now trades at $5.73 or 0.00009434 BTC.
• Ethereum Classic (ETC) traded down 2.7% against the dollar and now trades at $23.48 or 0.00038648 BTC.
• Monero (XMR) traded up 0.7% against the dollar and now trades at $167.69 or 0.00276010 BTC.
• Arweave (AR) traded up 1.5% against the dollar and now trades at $26.76 or 0.00044050 BTC.
• Bitcoin SV (BSV) traded 1.8% lower against the dollar and now trades at $44.51 or 0.00073270 BTC.
• NyanCoin (NYAN) traded 2.2% lower against the dollar and now trades at $2.40 or 0.00008809 BTC.

Ergo Coin Profile

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 76,090,188 coins and its circulating supply is 76,090,080 coins. Ergo’s official message board is www.ergoforum.org. Ergo’s official Twitter account is @ergo_platform and its Facebook page is accessible here. The official website for Ergo is ergoplatform.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 presently possible to buy alternative cryptocurrencies such as Ergo directly using US dollars. Investors seeking to trade Ergo should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Changelly, Gemini or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Ergo using one of the aforementioned exchanges.

ERG/USD price chart by TradingView