Ergo (ERG) Tops 1-Day Trading Volume of $534,839.67

Ergo (ERG) traded down 0.1% against the US dollar during the twenty-four hour period ending at 12:00 PM ET on August 3rd. Ergo has a market cap of $59.89 million and $534,839.67 worth of Ergo was traded on exchanges in the last 24 hours. Over the last seven days, Ergo has traded down 9.5% against the US dollar. One Ergo coin can now be purchased for approximately $0.78 or 0.00001282 BTC on cryptocurrency exchanges.

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

• Bitcoin (BTC) traded 3.7% lower against the dollar and now trades at $60,876.05 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 2.6% lower against the dollar and now trades at $0.11 or 0.00000180 BTC.
• Bitcoin Cash (BCH) traded down 8% against the dollar and now trades at $366.85 or 0.00602617 BTC.
• UNUS SED LEO (LEO) traded 2.2% lower against the dollar and now trades at $5.73 or 0.00009412 BTC.
• Litecoin (LTC) traded 1.4% lower against the dollar and now trades at $64.57 or 0.00106071 BTC.
• Ethereum Classic (ETC) traded down 2.1% against the dollar and now trades at $19.93 or 0.00032740 BTC.
• Monero (XMR) traded 2% lower against the dollar and now trades at $158.79 or 0.00260834 BTC.
• Arweave (AR) traded 6.3% lower against the dollar and now trades at $23.29 or 0.00038258 BTC.
• Bitcoin SV (BSV) traded down 5.1% against the dollar and now trades at $43.09 or 0.00070789 BTC.
• NyanCoin (NYAN) traded down 2.2% against the dollar and now trades at $2.40 or 0.00008809 BTC.

Ergo Profile

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 76,720,908 coins and its circulating supply is 76,720,740 coins. The official website for Ergo is ergoplatform.org. Ergo’s official message board is www.ergoforum.org. The Reddit community for Ergo is https://reddit.com/r/ergonauts and the currency’s Github account can be viewed here. Ergo’s official Twitter account is @ergo_platform and its Facebook page is accessible 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.”

Ergo Coin Trading

It is usually not presently 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 GDAX, Gemini or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Ergo using one of the exchanges listed above.

ERG/USD price chart by TradingView