Ergo (ERG) Price Tops $0.90

Ergo (ERG) traded down 1.8% against the US dollar during the 24-hour period ending at 9:00 AM ET on July 21st. One Ergo coin can now be bought for $0.90 or 0.00001344 BTC on popular exchanges. During the last week, Ergo has traded down 5.3% against the US dollar. Ergo has a total market cap of $68.56 million and $721,782.06 worth of Ergo was traded on exchanges in the last 24 hours.

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

• Bitcoin (BTC) traded 0.3% higher against the dollar and now trades at $66,686.63 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 3.1% higher against the dollar and now trades at $0.13 or 0.00000197 BTC.
• Bitcoin Cash (BCH) traded 0.4% lower against the dollar and now trades at $388.52 or 0.00582602 BTC.
• Litecoin (LTC) traded 0.8% higher against the dollar and now trades at $73.27 or 0.00109871 BTC.
• UNUS SED LEO (LEO) traded down 0.6% against the dollar and now trades at $5.69 or 0.00008528 BTC.
• Ethereum Classic (ETC) traded down 0.1% against the dollar and now trades at $23.58 or 0.00035353 BTC.
• Monero (XMR) traded 0.5% higher against the dollar and now trades at $163.87 or 0.00245728 BTC.
• Arweave (AR) traded 2.6% higher against the dollar and now trades at $34.12 or 0.00051157 BTC.
• Bitcoin SV (BSV) traded down 0.9% against the dollar and now trades at $46.65 or 0.00069951 BTC.
• NyanCoin (NYAN) traded down 2.2% against the dollar and now trades at $2.40 or 0.00008809 BTC.

About Ergo

Ergo 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 76,495,044 coins and its circulating supply is 76,494,876 coins. The official website for Ergo is ergoplatform.org. The official message board for Ergo is www.ergoforum.org. 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.

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 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 Changelly, Gemini or GDAX. 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