Ergo (ERG) Reaches One Day Trading Volume of $753,476.57

Ergo (ERG) traded down 0.2% against the US dollar during the 1 day period ending at 15:00 PM Eastern on July 21st. In the last seven days, Ergo has traded 4.8% lower against the US dollar. Ergo has a total market cap of $69.27 million and approximately $753,476.57 worth of Ergo was traded on exchanges in the last 24 hours. One Ergo coin can now be purchased for approximately $0.91 or 0.00001352 BTC on major cryptocurrency exchanges.

Here is how similar cryptocurrencies have performed in the last 24 hours:

  • Bitcoin (BTC) traded down 0.2% against the dollar and now trades at $66,954.67 or 1.00000000 BTC.
  • Dogecoin (DOGE) traded 4.9% lower against the dollar and now trades at $0.13 or 0.00000192 BTC.
  • Bitcoin Cash (BCH) traded down 3.7% against the dollar and now trades at $384.08 or 0.00573497 BTC.
  • Litecoin (LTC) traded 1.5% lower against the dollar and now trades at $72.56 or 0.00108351 BTC.
  • UNUS SED LEO (LEO) traded 0.3% higher against the dollar and now trades at $5.72 or 0.00008544 BTC.
  • Ethereum Classic (ETC) traded down 3.4% against the dollar and now trades at $23.35 or 0.00034859 BTC.
  • Monero (XMR) traded 0.3% higher against the dollar and now trades at $164.90 or 0.00246227 BTC.
  • Arweave (AR) traded 3.1% lower against the dollar and now trades at $32.93 or 0.00049165 BTC.
  • Bitcoin SV (BSV) traded 3.4% lower against the dollar and now trades at $46.00 or 0.00068683 BTC.
  • NyanCoin (NYAN) traded down 2.2% against the dollar and now trades at $2.40 or 0.00008809 BTC.

Ergo Coin Profile

Ergo (CRYPTO: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 76,499,436 coins and its circulating supply is 76,498,548 coins. 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. 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 buy alternative cryptocurrencies such as Ergo directly using U.S. dollars. Investors seeking to trade Ergo should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Coinbase, Gemini or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Ergo using one of the exchanges listed above.

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