Ergo Price Up 1.1% Over Last Week (ERG)

Ergo (ERG) traded down 7.6% against the US dollar during the 1-day period ending at 22:00 PM Eastern on July 3rd. In the last seven days, Ergo has traded up 1.1% against the US dollar. Ergo has a total market cap of $68.48 million and approximately $617,986.19 worth of Ergo was traded on exchanges in the last day. One Ergo coin can now be purchased for about $0.90 or 0.00001525 BTC on cryptocurrency exchanges.

Here’s how related cryptocurrencies have performed in the last day:

• Bitcoin (BTC) traded down 4.1% against the dollar and now trades at $58,950.88 or 1.00000000 BTC.
• Dogecoin (DOGE) traded down 6.8% against the dollar and now trades at $0.11 or 0.00000195 BTC.
• Bitcoin Cash (BCH) traded 3.9% lower against the dollar and now trades at $360.77 or 0.00611978 BTC.
• UNUS SED LEO (LEO) traded up 0.7% against the dollar and now trades at $5.86 or 0.00009939 BTC.
• Litecoin (LTC) traded down 6.8% against the dollar and now trades at $70.37 or 0.00119369 BTC.
• Ethereum Classic (ETC) traded 5.2% lower against the dollar and now trades at $21.84 or 0.00037056 BTC.
• Monero (XMR) traded down 4% against the dollar and now trades at $162.71 or 0.00276001 BTC.
• Arweave (AR) traded 11.4% lower against the dollar and now trades at $25.10 or 0.00042573 BTC.
• NyanCoin (NYAN) traded 2.2% lower against the dollar and now trades at $2.40 or 0.00008809 BTC.
• Bitcoin SV (BSV) traded 7.1% lower against the dollar and now trades at $40.89 or 0.00069370 BTC.

About Ergo

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 76,187,307 coins and its circulating supply is 76,188,171 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 presently possible to buy alternative cryptocurrencies such as Ergo directly using US dollars. Investors seeking to trade Ergo should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as GDAX, Gemini or Changelly. 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