Ergo (ERG) Price Up 1.1% This Week

Ergo (ERG) traded down 0.2% against the US dollar during the 1-day period ending at 15:00 PM ET on July 2nd. During the last week, Ergo has traded 1.1% higher against the US dollar. Ergo has a total market cap of $72.49 million and approximately $834,605.13 worth of Ergo was traded on exchanges in the last day. One Ergo coin can now be purchased for approximately $0.95 or 0.00001530 BTC on major cryptocurrency exchanges.

Here is how related cryptocurrencies have performed during the last day:

  • Bitcoin (BTC) traded 1.7% lower against the dollar and now trades at $62,228.72 or 1.00000000 BTC.
  • Dogecoin (DOGE) traded 0.5% lower against the dollar and now trades at $0.12 or 0.00000200 BTC.
  • Bitcoin Cash (BCH) traded down 1.8% against the dollar and now trades at $382.83 or 0.00615248 BTC.
  • Litecoin (LTC) traded up 0.2% against the dollar and now trades at $75.21 or 0.00120865 BTC.
  • UNUS SED LEO (LEO) traded 0.3% lower against the dollar and now trades at $5.78 or 0.00009290 BTC.
  • Ethereum Classic (ETC) traded 1.5% lower against the dollar and now trades at $23.22 or 0.00037314 BTC.
  • Monero (XMR) traded 0.6% lower against the dollar and now trades at $168.83 or 0.00271317 BTC.
  • Arweave (AR) traded 0.7% lower against the dollar and now trades at $28.63 or 0.00046013 BTC.
  • Bitcoin SV (BSV) traded 1.2% lower against the dollar and now trades at $44.39 or 0.00071346 BTC.
  • NyanCoin (NYAN) traded down 2.2% against the dollar and now trades at $2.40 or 0.00008809 BTC.

Ergo Coin Profile

Ergo (CRYPTO: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 76,160,496 coins and its circulating supply is 76,162,224 coins. 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. Ergo’s official website is ergoplatform.org. The official message board for Ergo is www.ergoforum.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 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 GDAX, Coinbase or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Ergo using one of the aforementioned exchanges.

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