Ergo (ERG) Price Tops $0.87 on Top Exchanges

Ergo (ERG) traded up 1.9% against the U.S. dollar during the 24-hour period ending at 20:00 PM ET on July 28th. Over the last week, Ergo has traded down 4.9% against the U.S. dollar. Ergo has a total market cap of $66.31 million and $528,234.10 worth of Ergo was traded on exchanges in the last 24 hours. One Ergo coin can now be bought for $0.87 or 0.00001258 BTC on popular exchanges.

Here is how related cryptocurrencies have performed over the last 24 hours:

• Bitcoin (BTC) traded 1.2% higher against the dollar and now trades at $68,780.08 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 0% higher against the dollar and now trades at $0.13 or 0.00000191 BTC.
• Bitcoin Cash (BCH) traded 7% higher against the dollar and now trades at $418.89 or 0.00609035 BTC.
• UNUS SED LEO (LEO) traded up 0.6% against the dollar and now trades at $5.87 or 0.00008529 BTC.
• Litecoin (LTC) traded 0.9% higher against the dollar and now trades at $71.80 or 0.00104386 BTC.
• Ethereum Classic (ETC) traded up 0.6% against the dollar and now trades at $22.92 or 0.00033324 BTC.
• Monero (XMR) traded up 1.7% against the dollar and now trades at $164.64 or 0.00239370 BTC.
• Arweave (AR) traded 1% higher against the dollar and now trades at $31.52 or 0.00045834 BTC.
• Bitcoin SV (BSV) traded 1.8% higher against the dollar and now trades at $46.73 or 0.00067938 BTC.
• NyanCoin (NYAN) traded 2.2% lower against the dollar and now trades at $2.40 or 0.00008809 BTC.

About 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 76,621,812 coins and its circulating supply is 76,623,180 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 message board is www.ergoforum.org. 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.”

Ergo Coin Trading

It is usually not possible to buy alternative cryptocurrencies such as Ergo directly using U.S. dollars. Investors seeking to acquire Ergo should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Changelly, Gemini or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Ergo using one of the aforementioned exchanges.

ERG/USD price chart by TradingView