Ergo (ERG) Self Reported Market Capitalization Achieves $103.92 Million

Ergo (ERG) traded 8.1% lower against the dollar during the 1 day period ending at 22:00 PM ET on April 17th. During the last week, Ergo has traded 20.3% lower against the dollar. One Ergo coin can now be bought for $1.39 or 0.00002261 BTC on popular cryptocurrency exchanges. Ergo has a total market cap of $103.92 million and $382,504.92 worth of Ergo was traded on exchanges in the last day.

Here’s how similar cryptocurrencies have performed during the last day:

• Bitcoin (BTC) traded down 3.7% against the dollar and now trades at $61,528.68 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 5.5% lower against the dollar and now trades at $0.15 or 0.00000239 BTC.
• Bitcoin Cash (BCH) traded down 3.1% against the dollar and now trades at $468.76 or 0.00761852 BTC.
• Litecoin (LTC) traded up 0.5% against the dollar and now trades at $80.14 or 0.00130253 BTC.
• UNUS SED LEO (LEO) traded 1% higher against the dollar and now trades at $5.92 or 0.00009614 BTC.
• Ethereum Classic (ETC) traded 2.8% lower against the dollar and now trades at $25.50 or 0.00041438 BTC.
• Monero (XMR) traded 3% lower against the dollar and now trades at $118.30 or 0.00192268 BTC.
• Arweave (AR) traded down 1.2% against the dollar and now trades at $24.00 or 0.00039003 BTC.
• Bitcoin SV (BSV) traded 2.4% lower against the dollar and now trades at $65.29 or 0.00106108 BTC.
• eCash (XEC) traded down 4.4% against the dollar and now trades at $0.0000 or 0.00000000 BTC.

Ergo Coin Profile

Ergo (ERG) is a proof-of-work (PoW) coin that uses the Autolykos hashing algorithm. Its genesis date was July 1st, 2019. Ergo’s total supply is 74,702,199 coins and its circulating supply is 74,702,928 coins. Ergo’s official Twitter account is @ergo_platform and its Facebook page is accessible here. Ergo’s official message board is www.ergoforum.org. Ergo’s official website is ergoplatform.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.”

Ergo Coin Trading

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

ERG/USD price chart by TradingView