Ergo Tops One Day Volume of $1.00 Million (ERG)

Ergo (ERG) traded 5.2% lower against the dollar during the 1 day period ending at 20:00 PM ET on April 30th. Ergo has a market cap of $94.64 million and approximately $1.00 million worth of Ergo was traded on exchanges in the last 24 hours. One Ergo coin can currently be bought for $1.26 or 0.00002087 BTC on popular cryptocurrency exchanges. Over the last week, Ergo has traded 19.4% lower against the dollar.

Here’s how other cryptocurrencies have performed over the last 24 hours:

• Bitcoin (BTC) traded down 5.1% against the dollar and now trades at $60,499.36 or 1.00000000 BTC.
• Dogecoin (DOGE) traded down 7.2% against the dollar and now trades at $0.13 or 0.00000220 BTC.
• Bitcoin Cash (BCH) traded down 6.2% against the dollar and now trades at $433.85 or 0.00717108 BTC.
• Litecoin (LTC) traded down 4.8% against the dollar and now trades at $79.54 or 0.00131475 BTC.
• UNUS SED LEO (LEO) traded down 0.4% against the dollar and now trades at $5.82 or 0.00009622 BTC.
• Ethereum Classic (ETC) traded 8% lower against the dollar and now trades at $25.34 or 0.00041878 BTC.
• Monero (XMR) traded 6.8% lower against the dollar and now trades at $120.29 or 0.00198833 BTC.
• Arweave (AR) traded 16.1% lower against the dollar and now trades at $30.04 or 0.00049655 BTC.
• Bitcoin SV (BSV) traded down 7.3% against the dollar and now trades at $60.46 or 0.00099939 BTC.
• eCash (XEC) traded 6.2% lower against the dollar and now trades at $0.0000 or 0.00000000 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 74,950,275 coins and its circulating supply is 74,951,004 coins. Ergo’s official website is ergoplatform.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. Ergo’s official message board is www.ergoforum.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.”

Buying and Selling Ergo

It is usually not presently possible to purchase alternative cryptocurrencies such as Ergo directly using US dollars. Investors seeking to acquire Ergo should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Coinbase, GDAX or Gemini. 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