Ergo Self Reported Market Cap Tops $66.23 Million (ERG)

Ergo (ERG) traded 1.9% lower against the dollar during the twenty-four hour period ending at 13:00 PM E.T. on July 23rd. Ergo has a market cap of $66.23 million and approximately $477,629.19 worth of Ergo was traded on exchanges in the last day. During the last week, Ergo has traded 8.5% lower against the dollar. One Ergo coin can currently be purchased for approximately $0.87 or 0.00001311 BTC on popular exchanges.

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

• Bitcoin (BTC) traded 1.8% lower against the dollar and now trades at $66,023.31 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 6.9% lower against the dollar and now trades at $0.13 or 0.00000196 BTC.
• Bitcoin Cash (BCH) traded down 7% against the dollar and now trades at $365.76 or 0.00553992 BTC.
• Litecoin (LTC) traded down 0.7% against the dollar and now trades at $71.11 or 0.00107704 BTC.
• UNUS SED LEO (LEO) traded 0.4% lower against the dollar and now trades at $5.73 or 0.00008676 BTC.
• Ethereum Classic (ETC) traded up 0.7% against the dollar and now trades at $23.65 or 0.00035822 BTC.
• Monero (XMR) traded 0.4% lower against the dollar and now trades at $160.32 or 0.00242824 BTC.
• Arweave (AR) traded 5.7% lower against the dollar and now trades at $30.09 or 0.00045581 BTC.
• Bitcoin SV (BSV) traded down 3.2% against the dollar and now trades at $44.22 or 0.00066983 BTC.
• NyanCoin (NYAN) traded down 2.2% against the dollar and now trades at $2.40 or 0.00008809 BTC.

Ergo Profile

Ergo is a proof-of-work (PoW) coin that uses the Autolykos hashing algorithm. Its genesis date was July 1st, 2019. Ergo’s total supply is 76,532,220 coins and its circulating supply is 76,532,748 coins. The Reddit community for Ergo is https://reddit.com/r/ergonauts and the currency’s Github account can be viewed here. 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.

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 US dollars. Investors seeking to acquire Ergo should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Changelly, Gemini or GDAX. 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