Ergo Self Reported Market Cap Hits $52.43 Million (ERG)

Ergo (ERG) traded 0% higher against the dollar during the 24-hour period ending at 0:00 AM E.T. on September 17th. In the last week, Ergo has traded down 5.9% against the dollar. Ergo has a total market capitalization of $52.43 million and approximately $252,922.18 worth of Ergo was traded on exchanges in the last 24 hours. One Ergo coin can now be bought for about $0.68 or 0.00001119 BTC on popular exchanges.

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

• Bitcoin (BTC) traded up 3.8% against the dollar and now trades at $60,469.18 or 1.00000000 BTC.
• Dogecoin (DOGE) traded up 0.8% against the dollar and now trades at $0.10 or 0.00000167 BTC.
• Bitcoin Cash (BCH) traded 0.6% higher against the dollar and now trades at $315.33 or 0.00521545 BTC.
• UNUS SED LEO (LEO) traded down 0.1% against the dollar and now trades at $5.69 or 0.00009404 BTC.
• Litecoin (LTC) traded up 1.2% against the dollar and now trades at $64.00 or 0.00105846 BTC.
• Monero (XMR) traded up 1.8% against the dollar and now trades at $173.84 or 0.00287530 BTC.
• Ethereum Classic (ETC) traded 0.2% higher against the dollar and now trades at $17.85 or 0.00029530 BTC.
• Arweave (AR) traded 1.8% lower against the dollar and now trades at $18.68 or 0.00030888 BTC.
• Bitcoin SV (BSV) traded 1.2% higher against the dollar and now trades at $46.88 or 0.00077534 BTC.
• Nervos Network (CKB) traded 23.6% higher against the dollar and now trades at $0.0199 or 0.00000033 BTC.

About Ergo

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 77,498,484 coins and its circulating supply is 77,498,268 coins. Ergo’s official Twitter account is @ergo_platform and its Facebook page is accessible here. Ergo’s official website is ergoplatform.org. The official message board for Ergo 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.”

Ergo Coin Trading

It is usually not presently possible to buy alternative cryptocurrencies such as Ergo directly using U.S. dollars. Investors seeking to trade Ergo should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Coinbase, 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