Ergo Hits 1-Day Trading Volume of $387,526.30 (ERG)

Ergo (ERG) traded down 0.6% against the dollar during the one day period ending at 23:00 PM E.T. on August 14th. One Ergo coin can currently be bought for $0.77 or 0.00001314 BTC on cryptocurrency exchanges. Over the last week, Ergo has traded up 1.2% against the dollar. Ergo has a total market cap of $59.07 million and $387,526.30 worth of Ergo was traded on exchanges in the last 24 hours.

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

• Bitcoin (BTC) traded down 4.1% against the dollar and now trades at $58,433.39 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 3% lower against the dollar and now trades at $0.10 or 0.00000176 BTC.
• Bitcoin Cash (BCH) traded 3.2% lower against the dollar and now trades at $338.59 or 0.00579173 BTC.
• UNUS SED LEO (LEO) traded down 3.7% against the dollar and now trades at $5.86 or 0.00010021 BTC.
• Litecoin (LTC) traded 1% higher against the dollar and now trades at $64.51 or 0.00110341 BTC.
• Monero (XMR) traded up 1.4% against the dollar and now trades at $152.67 or 0.00261154 BTC.
• Ethereum Classic (ETC) traded down 2% against the dollar and now trades at $18.88 or 0.00032298 BTC.
• Arweave (AR) traded down 3.3% against the dollar and now trades at $21.51 or 0.00036786 BTC.
• Bitcoin SV (BSV) traded 3.8% lower against the dollar and now trades at $42.80 or 0.00073204 BTC.
• NyanCoin (NYAN) traded 2.2% lower against the dollar and now trades at $2.40 or 0.00008809 BTC.

Ergo Profile

ERG is a proof-of-work (PoW) coin that uses the Autolykos hashing algorithm. Its genesis date was July 1st, 2019. Ergo’s total supply is 76,914,612 coins and its circulating supply is 76,915,740 coins. The official website for Ergo is ergoplatform.org. Ergo’s official Twitter account is @ergo_platform and its Facebook page is accessible here. Ergo’s official message board 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.”

Buying and Selling Ergo

It is usually not currently 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 Changelly, 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