Ergo (ERG) Self Reported Market Capitalization Hits $115.87 Million

Ergo (ERG) traded up 1.3% against the dollar during the one day period ending at 7:00 AM ET on April 20th. Over the last week, Ergo has traded down 1.4% against the dollar. Ergo has a total market cap of $115.87 million and approximately $215,206.73 worth of Ergo was traded on exchanges in the last 24 hours. One Ergo coin can currently be purchased for approximately $1.55 or 0.00002431 BTC on exchanges.

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

• Bitcoin (BTC) traded 2.3% lower against the dollar and now trades at $63,770.21 or 1.00000000 BTC.
• Dogecoin (DOGE) traded down 0.6% against the dollar and now trades at $0.15 or 0.00000239 BTC.
• Bitcoin Cash (BCH) traded 1% higher against the dollar and now trades at $488.03 or 0.00765301 BTC.
• Litecoin (LTC) traded up 1.3% against the dollar and now trades at $82.54 or 0.00129427 BTC.
• UNUS SED LEO (LEO) traded 1.2% lower against the dollar and now trades at $5.76 or 0.00009036 BTC.
• Ethereum Classic (ETC) traded 0.4% higher against the dollar and now trades at $26.28 or 0.00041212 BTC.
• Monero (XMR) traded up 0.5% against the dollar and now trades at $117.76 or 0.00184665 BTC.
• Arweave (AR) traded up 8.7% against the dollar and now trades at $29.40 or 0.00046100 BTC.
• Bitcoin SV (BSV) traded down 0.7% against the dollar and now trades at $66.56 or 0.00104373 BTC.
• eCash (XEC) traded down 0.2% against the dollar and now trades at $0.0001 or 0.00000000 BTC.

Ergo Coin Profile

Ergo is a proof-of-work (PoW) coin that uses the Autolykos hashing algorithm. Its launch date was July 1st, 2019. Ergo’s total supply is 74,748,180 coins and its circulating supply is 74,748,612 coins. Ergo’s official website is ergoplatform.org. 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 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 U.S. dollars. Investors seeking to acquire Ergo should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as GDAX, Coinbase or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Ergo using one of the aforementioned exchanges.

ERG/USD price chart by TradingView