Ergo Trading 4.1% Lower Over Last 7 Days (ERG)

Ergo (ERG) traded 0.3% lower against the US dollar during the 24 hour period ending at 11:00 AM ET on July 30th. Over the last week, Ergo has traded 4.1% lower against the US dollar. One Ergo coin can now be bought for $0.84 or 0.00001269 BTC on major exchanges. Ergo has a total market capitalization of $64.27 million and approximately $540,027.71 worth of Ergo was traded on exchanges in the last day.

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

• Bitcoin (BTC) traded down 2.7% against the dollar and now trades at $66,065.92 or 1.00000000 BTC.
• Dogecoin (DOGE) traded down 1.7% against the dollar and now trades at $0.13 or 0.00000192 BTC.
• Bitcoin Cash (BCH) traded down 3.1% against the dollar and now trades at $433.79 or 0.00656722 BTC.
• Litecoin (LTC) traded down 2.1% against the dollar and now trades at $73.14 or 0.00110731 BTC.
• UNUS SED LEO (LEO) traded down 2.1% against the dollar and now trades at $5.67 or 0.00008590 BTC.
• Ethereum Classic (ETC) traded 0.7% lower against the dollar and now trades at $22.67 or 0.00034319 BTC.
• Monero (XMR) traded 2.3% lower against the dollar and now trades at $159.57 or 0.00241569 BTC.
• Arweave (AR) traded down 5.4% against the dollar and now trades at $29.85 or 0.00045191 BTC.
• Bitcoin SV (BSV) traded 0.1% higher against the dollar and now trades at $52.20 or 0.00079032 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 launched on July 1st, 2019. Ergo’s total supply is 76,650,252 coins and its circulating supply is 76,651,380 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. The official message board for Ergo 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 purchase alternative cryptocurrencies such as Ergo directly using U.S. dollars. Investors seeking to trade Ergo should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Coinbase, Gemini or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Ergo using one of the aforementioned exchanges.

ERG/USD price chart by TradingView