Ergo Price Reaches $0.70 on Major Exchanges (ERG)

Ergo (ERG) traded 2.3% lower against the U.S. dollar during the 1 day period ending at 15:00 PM Eastern on September 15th. Ergo has a total market capitalization of $54.58 million and $338,135.96 worth of Ergo was traded on exchanges in the last 24 hours. During the last week, Ergo has traded 1.7% higher against the U.S. dollar. One Ergo coin can now be bought for about $0.70 or 0.00001176 BTC on cryptocurrency exchanges.

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

• Bitcoin (BTC) traded 0.1% higher against the dollar and now trades at $59,897.62 or 1.00000000 BTC.
• Dogecoin (DOGE) traded up 0.7% against the dollar and now trades at $0.11 or 0.00000177 BTC.
• Bitcoin Cash (BCH) traded down 2.6% against the dollar and now trades at $320.14 or 0.00534478 BTC.
• UNUS SED LEO (LEO) traded down 0.5% against the dollar and now trades at $5.71 or 0.00009527 BTC.
• Litecoin (LTC) traded down 3.4% against the dollar and now trades at $64.09 or 0.00107007 BTC.
• Monero (XMR) traded up 0.5% against the dollar and now trades at $169.90 or 0.00283652 BTC.
• Ethereum Classic (ETC) traded down 2.6% against the dollar and now trades at $18.11 or 0.00030237 BTC.
• Arweave (AR) traded 3.2% lower against the dollar and now trades at $19.34 or 0.00032281 BTC.
• Bitcoin SV (BSV) traded down 1.5% against the dollar and now trades at $47.58 or 0.00079430 BTC.
• NyanCoin (NYAN) traded down 2.2% against the dollar and now trades at $2.40 or 0.00008809 BTC.

About Ergo

Ergo (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 77,455,884 coins and its circulating supply is 77,457,924 coins. Ergo’s official message board 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 website is ergoplatform.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.”

Buying and Selling Ergo

It is usually not 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