Ergo Reaches 24 Hour Volume of $100,836.47 (ERG)

Ergo (ERG) traded up 1.3% against the US dollar during the twenty-four hour period ending at 9:00 AM ET on October 31st. In the last week, Ergo has traded up 3.1% against the US dollar. One Ergo coin can currently be purchased for approximately $0.68 or 0.00000951 BTC on popular exchanges. Ergo has a market capitalization of $53.10 million and approximately $100,836.47 worth of Ergo was traded on exchanges in the last day.

Here is how other cryptocurrencies have performed in the last day:

• Bitcoin (BTC) traded down 0.8% against the dollar and now trades at $71,400.38 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 1.5% lower against the dollar and now trades at $0.17 or 0.00000235 BTC.
• Bitcoin Cash (BCH) traded up 0.6% against the dollar and now trades at $371.17 or 0.00519812 BTC.
• UNUS SED LEO (LEO) traded down 0.1% against the dollar and now trades at $6.05 or 0.00008479 BTC.
• Litecoin (LTC) traded down 0.5% against the dollar and now trades at $71.49 or 0.00100125 BTC.
• Monero (XMR) traded down 2.8% against the dollar and now trades at $158.96 or 0.00222625 BTC.
• Ethereum Classic (ETC) traded down 1.4% against the dollar and now trades at $19.20 or 0.00026888 BTC.
• Arweave (AR) traded down 2.9% against the dollar and now trades at $16.09 or 0.00022537 BTC.
• Bitcoin SV (BSV) traded up 3.6% against the dollar and now trades at $52.13 or 0.00073006 BTC.
• NyanCoin (NYAN) traded 2.2% lower against the dollar and now trades at $2.40 or 0.00008809 BTC.

Ergo Coin Profile

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 78,189,396 coins and its circulating supply is 78,188,934 coins. Ergo’s official Twitter account is @ergo_platform and its Facebook page is accessible here. The official website for Ergo is ergoplatform.org. 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.

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 purchase alternative cryptocurrencies such as Ergo directly using U.S. dollars. Investors seeking to acquire Ergo should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Changelly, GDAX or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Ergo using one of the aforementioned exchanges.

ERG/USD price chart by TradingView