Ergo (ERG) Trading 0.3% Lower This Week

Ergo (ERG) traded 0.6% higher against the US dollar during the 24-hour period ending at 11:00 AM E.T. on November 30th. Ergo has a market cap of $150.77 million and approximately $397,965.20 worth of Ergo was traded on exchanges in the last day. In the last week, Ergo has traded 0.3% lower against the US dollar. One Ergo coin can now be bought for $1.92 or 0.00001981 BTC on major exchanges.

Here is how similar cryptocurrencies have performed in the last day:

• Bitcoin (BTC) traded 1.3% lower against the dollar and now trades at $96,761.65 or 1.00000000 BTC.
• Dogecoin (DOGE) traded up 0.8% against the dollar and now trades at $0.42 or 0.00000438 BTC.
• Bitcoin Cash (BCH) traded up 2.6% against the dollar and now trades at $530.24 or 0.00547990 BTC.
• UNUS SED LEO (LEO) traded up 0.6% against the dollar and now trades at $8.75 or 0.00009038 BTC.
• Litecoin (LTC) traded 0.3% higher against the dollar and now trades at $102.27 or 0.00105696 BTC.
• Ethereum Classic (ETC) traded up 1.9% against the dollar and now trades at $32.67 or 0.00033761 BTC.
• Monero (XMR) traded up 0.8% against the dollar and now trades at $160.04 or 0.00165396 BTC.
• Arweave (AR) traded up 14.9% against the dollar and now trades at $25.04 or 0.00025876 BTC.
• Bitcoin SV (BSV) traded up 0.3% against the dollar and now trades at $71.48 or 0.00073870 BTC.
• eCash (XEC) traded 1.1% higher against the dollar and now trades at $0.0001 or 0.00000000 BTC.

About Ergo

ERG 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 78,638,628 coins and its circulating supply is 78,639,615 coins. 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. Ergo’s official Twitter account is @ergo_platform and its Facebook page is accessible here. Ergo’s official website is ergoplatform.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 currently 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 Changelly, Coinbase 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