Ergo Price Up 3.3% Over Last 7 Days (ERG)

Ergo (ERG) traded 4.8% lower against the U.S. dollar during the 1-day period ending at 20:00 PM E.T. on November 2nd. Ergo has a total market cap of $51.11 million and $85,581.64 worth of Ergo was traded on exchanges in the last day. During the last seven days, Ergo has traded 3.3% higher against the U.S. dollar. One Ergo coin can now be purchased for $0.65 or 0.00000943 BTC on major cryptocurrency exchanges.

Here is how related cryptocurrencies have performed during the last day:

• Bitcoin (BTC) traded down 0.4% against the dollar and now trades at $69,289.50 or 1.00000000 BTC.
• Dogecoin (DOGE) traded down 0.3% against the dollar and now trades at $0.16 or 0.00000230 BTC.
• Bitcoin Cash (BCH) traded 0.9% higher against the dollar and now trades at $353.14 or 0.00509658 BTC.
• UNUS SED LEO (LEO) traded up 0.1% against the dollar and now trades at $6.05 or 0.00008736 BTC.
• Litecoin (LTC) traded down 1.7% against the dollar and now trades at $69.15 or 0.00099803 BTC.
• Monero (XMR) traded 1.7% lower against the dollar and now trades at $153.77 or 0.00221928 BTC.
• Ethereum Classic (ETC) traded 2% lower against the dollar and now trades at $18.11 or 0.00026132 BTC.
• Bitcoin SV (BSV) traded 1.9% lower against the dollar and now trades at $48.89 or 0.00070561 BTC.
• Arweave (AR) traded 2.1% lower against the dollar and now trades at $14.44 or 0.00020839 BTC.
• NyanCoin (NYAN) traded down 2.2% against the dollar and now trades at $2.40 or 0.00008809 BTC.

Ergo Profile

Ergo (CRYPTO: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 78,224,340 coins and its circulating supply is 78,224,697 coins. 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 message board 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 possible to buy alternative cryptocurrencies such as Ergo directly using U.S. dollars. Investors seeking to acquire Ergo should first buy Bitcoin or Ethereum using an exchange that deals in U.S. 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