Ergo (ERG) Trading Up 1.8% This Week

Ergo (ERG) traded 5% lower against the dollar during the one day period ending at 17:00 PM Eastern on October 31st. Ergo has a market capitalization of $52.40 million and $142,488.32 worth of Ergo was traded on exchanges in the last 24 hours. One Ergo coin can now be bought for about $0.67 or 0.00000957 BTC on popular cryptocurrency exchanges. In the last seven days, Ergo has traded up 1.8% against the dollar.

Here’s how other cryptocurrencies have performed in the last 24 hours:

• Bitcoin (BTC) traded 3% lower against the dollar and now trades at $70,031.06 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 6.8% lower against the dollar and now trades at $0.16 or 0.00000226 BTC.
• Bitcoin Cash (BCH) traded down 5.4% against the dollar and now trades at $352.37 or 0.00503345 BTC.
• UNUS SED LEO (LEO) traded up 0.1% against the dollar and now trades at $6.05 or 0.00008646 BTC.
• Litecoin (LTC) traded down 4.9% against the dollar and now trades at $68.74 or 0.00098194 BTC.
• Monero (XMR) traded 4% lower against the dollar and now trades at $155.54 or 0.00222190 BTC.
• Ethereum Classic (ETC) traded 5.8% lower against the dollar and now trades at $18.47 or 0.00026389 BTC.
• Arweave (AR) traded 8.5% lower against the dollar and now trades at $15.33 or 0.00021902 BTC.
• Bitcoin SV (BSV) traded 0.4% lower against the dollar and now trades at $50.71 or 0.00072444 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. It was first traded on July 1st, 2019. Ergo’s total supply is 78,193,092 coins and its circulating supply is 78,193,323 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. The official message board for Ergo is www.ergoforum.org. The official website for Ergo 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.”

Ergo Coin Trading

It is usually not presently possible to buy alternative cryptocurrencies such as Ergo directly using U.S. dollars. Investors seeking to acquire Ergo should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as GDAX, Changelly or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Ergo using one of the exchanges listed above.

ERG/USD price chart by TradingView