Ergo Trading 6.5% Lower Over Last Week (ERG)

Ergo (ERG) traded 1.5% lower against the dollar during the 1-day period ending at 23:00 PM ET on April 25th. In the last seven days, Ergo has traded down 6.5% against the dollar. One Ergo coin can currently be bought for approximately $1.44 or 0.00002232 BTC on popular cryptocurrency exchanges. Ergo has a market capitalization of $107.70 million and approximately $281,679.48 worth of Ergo was traded on exchanges in the last 24 hours.

Here is how similar cryptocurrencies have performed in the last 24 hours:

• Bitcoin (BTC) traded 0.3% higher against the dollar and now trades at $64,464.57 or 1.00000000 BTC.
• Dogecoin (DOGE) traded up 0.6% against the dollar and now trades at $0.15 or 0.00000235 BTC.
• Bitcoin Cash (BCH) traded up 0.1% against the dollar and now trades at $477.97 or 0.00741446 BTC.
• Litecoin (LTC) traded up 1.5% against the dollar and now trades at $84.77 or 0.00131497 BTC.
• UNUS SED LEO (LEO) traded down 0.3% against the dollar and now trades at $5.75 or 0.00008925 BTC.
• Ethereum Classic (ETC) traded up 2.1% against the dollar and now trades at $26.71 or 0.00041438 BTC.
• Arweave (AR) traded up 4.8% against the dollar and now trades at $33.90 or 0.00052583 BTC.
• Monero (XMR) traded up 1.2% against the dollar and now trades at $120.09 or 0.00186286 BTC.
• Bitcoin SV (BSV) traded down 2.2% against the dollar and now trades at $66.05 or 0.00102467 BTC.
• eCash (XEC) traded 3.9% higher against the dollar and now trades at $0.0001 or 0.00000000 BTC.

Ergo Profile

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 74,857,422 coins and its circulating supply is 74,858,934 coins. Ergo’s official Twitter account is @ergo_platform and its Facebook page is accessible here. 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 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.”

Ergo Coin Trading

It is usually not presently 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 Gemini, GDAX or Coinbase. 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