Ergo (ERG) One Day Trading Volume Tops $370,800.54

Ergo (ERG) traded down 7.2% against the U.S. dollar during the twenty-four hour period ending at 18:00 PM ET on April 24th. Ergo has a market capitalization of $109.18 million and approximately $370,800.54 worth of Ergo was traded on exchanges in the last day. One Ergo coin can now be purchased for $1.46 or 0.00002268 BTC on popular exchanges. In the last seven days, Ergo has traded 5.5% higher against the U.S. dollar.

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

• Bitcoin (BTC) traded 3.4% lower against the dollar and now trades at $64,336.13 or 1.00000000 BTC.
• Dogecoin (DOGE) traded down 4.5% against the dollar and now trades at $0.15 or 0.00000238 BTC.
• Bitcoin Cash (BCH) traded 4.4% lower against the dollar and now trades at $483.37 or 0.00751321 BTC.
• Litecoin (LTC) traded 1.1% lower against the dollar and now trades at $84.22 or 0.00130909 BTC.
• UNUS SED LEO (LEO) traded down 0.1% against the dollar and now trades at $5.75 or 0.00008939 BTC.
• Ethereum Classic (ETC) traded down 5.1% against the dollar and now trades at $26.78 or 0.00041620 BTC.
• Monero (XMR) traded down 1.7% against the dollar and now trades at $120.27 or 0.00186935 BTC.
• Arweave (AR) traded 0.6% lower against the dollar and now trades at $33.67 or 0.00052340 BTC.
• Bitcoin SV (BSV) traded down 4.1% against the dollar and now trades at $68.89 or 0.00107071 BTC.
• eCash (XEC) traded 5.1% lower against the dollar and now trades at $0.0001 or 0.00000000 BTC.

Ergo Coin Profile

Ergo (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 74,833,311 coins and its circulating supply is 74,834,715 coins. Ergo’s official Twitter account is @ergo_platform and its Facebook page is accessible here. The official message board for Ergo is www.ergoforum.org. The official website for Ergo 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 possible to purchase alternative cryptocurrencies such as Ergo directly using U.S. dollars. Investors seeking to trade Ergo should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Coinbase, Gemini or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Ergo using one of the aforementioned exchanges.

ERG/USD price chart by TradingView