Ergo (ERG) Price Down 1.6% Over Last Week

Ergo (ERG) traded 1.5% higher against the dollar during the 24-hour period ending at 12:00 PM Eastern on December 16th. Over the last week, Ergo has traded 1.6% lower against the dollar. Ergo has a market capitalization of $156.69 million and approximately $430,546.99 worth of Ergo was traded on exchanges in the last 24 hours. One Ergo coin can currently be purchased for about $1.99 or 0.00001858 BTC on popular exchanges.

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

• Bitcoin (BTC) traded up 3.8% against the dollar and now trades at $106,901.50 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 1.2% higher against the dollar and now trades at $0.41 or 0.00000382 BTC.
• Bitcoin Cash (BCH) traded up 1.4% against the dollar and now trades at $548.69 or 0.00513267 BTC.
• Litecoin (LTC) traded 1.3% higher against the dollar and now trades at $121.30 or 0.00113472 BTC.
• UNUS SED LEO (LEO) traded up 2.4% against the dollar and now trades at $9.61 or 0.00008992 BTC.
• Ethereum Classic (ETC) traded up 1.2% against the dollar and now trades at $33.52 or 0.00031357 BTC.
• Monero (XMR) traded 2.8% lower against the dollar and now trades at $212.89 or 0.00199148 BTC.
• Arweave (AR) traded down 2.5% against the dollar and now trades at $21.71 or 0.00020312 BTC.
• IOTA (MIOTA) traded down 0.3% against the dollar and now trades at $0.39 or 0.00000367 BTC.
• Bitcoin SV (BSV) traded 0.7% higher against the dollar and now trades at $66.76 or 0.00062449 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 78,881,787 coins and its circulating supply is 78,881,430 coins. Ergo’s official message board is www.ergoforum.org. The official website for Ergo is ergoplatform.org. Ergo’s official Twitter account is @ergo_platform and its Facebook page is accessible here. 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 acquire Ergo should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Changelly, Coinbase or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Ergo using one of the exchanges listed above.

ERG/USD price chart by TradingView