Ergo Trading Up 20.5% Over Last 7 Days (ERG)

Ergo (ERG) traded 1.7% higher against the dollar during the 24-hour period ending at 12:00 PM Eastern on January 5th. During the last seven days, Ergo has traded up 20.5% against the dollar. Ergo has a total market cap of $155.14 million and approximately $234,206.98 worth of Ergo was traded on exchanges in the last 24 hours. One Ergo coin can now be purchased for approximately $1.96 or 0.00001998 BTC on exchanges.

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

• Bitcoin (BTC) traded 0% higher against the dollar and now trades at $98,039.45 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 0.3% higher against the dollar and now trades at $0.38 or 0.00000390 BTC.
• Bitcoin Cash (BCH) traded down 2.3% against the dollar and now trades at $466.43 or 0.00475736 BTC.
• Litecoin (LTC) traded 0.7% higher against the dollar and now trades at $111.83 or 0.00114061 BTC.
• UNUS SED LEO (LEO) traded down 0.2% against the dollar and now trades at $9.11 or 0.00009291 BTC.
• Ethereum Classic (ETC) traded 1.1% lower against the dollar and now trades at $27.80 or 0.00028354 BTC.
• Monero (XMR) traded 0.6% lower against the dollar and now trades at $196.87 or 0.00200797 BTC.
• IOTA (MIOTA) traded down 0.4% against the dollar and now trades at $0.36 or 0.00000363 BTC.
• Arweave (AR) traded down 0.9% against the dollar and now trades at $18.96 or 0.00019335 BTC.
• Bitcoin SV (BSV) traded down 0.4% against the dollar and now trades at $56.55 or 0.00057674 BTC.

About Ergo

Ergo (ERG) is a proof-of-work (PoW) coin that uses the Autolykos hashing algorithm. It launched on July 1st, 2019. Ergo’s total supply is 79,181,256 coins and its circulating supply is 79,180,950 coins. The Reddit community for Ergo is https://reddit.com/r/ergonauts and the currency’s Github account can be viewed here. The official message board for Ergo is www.ergoforum.org. Ergo’s official website is ergoplatform.org. Ergo’s official Twitter account is @ergo_platform and its Facebook page is accessible 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 possible to purchase alternative cryptocurrencies such as Ergo directly using U.S. dollars. Investors seeking to acquire Ergo should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Coinbase, GDAX or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Ergo using one of the exchanges listed above.

ERG/USD price chart by TradingView