Ergo One Day Volume Hits $570,257.15 (ERG)

Ergo (ERG) traded 1.4% lower against the US dollar during the 24 hour period ending at 18:00 PM E.T. on June 16th. One Ergo coin can now be purchased for about $1.03 or 0.00001542 BTC on popular cryptocurrency exchanges. Ergo has a total market cap of $77.92 million and approximately $570,257.15 worth of Ergo was traded on exchanges in the last day. Over the last seven days, Ergo has traded 5.7% lower against the US dollar.

Here’s how similar cryptocurrencies have performed over the last day:

• Bitcoin (BTC) traded up 0.8% against the dollar and now trades at $66,596.19 or 1.00000000 BTC.
• Dogecoin (DOGE) traded up 0.3% against the dollar and now trades at $0.14 or 0.00000205 BTC.
• Bitcoin Cash (BCH) traded 0.1% higher against the dollar and now trades at $429.69 or 0.00645223 BTC.
• Litecoin (LTC) traded 0.4% lower against the dollar and now trades at $78.84 or 0.00118381 BTC.
• UNUS SED LEO (LEO) traded up 2.1% against the dollar and now trades at $5.88 or 0.00008833 BTC.
• Ethereum Classic (ETC) traded up 0% against the dollar and now trades at $25.55 or 0.00038366 BTC.
• Monero (XMR) traded 1.3% higher against the dollar and now trades at $177.10 or 0.00265929 BTC.
• Arweave (AR) traded 0.9% higher against the dollar and now trades at $28.66 or 0.00043042 BTC.
• Bitcoin SV (BSV) traded down 0.3% against the dollar and now trades at $49.57 or 0.00074437 BTC.
• NyanCoin (NYAN) traded down 2.2% against the dollar and now trades at $2.40 or 0.00008809 BTC.

About Ergo

Ergo (CRYPTO: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 75,857,853 coins and its circulating supply is 75,857,745 coins. Ergo’s official message board is www.ergoforum.org. Ergo’s official Twitter account is @ergo_platform and its Facebook page is accessible here. The official website for Ergo is ergoplatform.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 presently possible to buy alternative cryptocurrencies such as Ergo directly using U.S. dollars. Investors seeking to acquire Ergo should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Changelly, GDAX or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Ergo using one of the aforementioned exchanges.

ERG/USD price chart by TradingView