Ergo (ERG) Price Hits $0.70 on Exchanges

Ergo (ERG) traded 2.8% higher against the U.S. dollar during the 1-day period ending at 13:00 PM Eastern on September 17th. During the last seven days, Ergo has traded down 3.6% against the U.S. dollar. Ergo has a market capitalization of $54.32 million and approximately $231,139.48 worth of Ergo was traded on exchanges in the last day. One Ergo coin can currently be purchased for approximately $0.70 or 0.00001153 BTC on major exchanges.

Here’s how related cryptocurrencies have performed during the last day:

• Bitcoin (BTC) traded up 4.7% against the dollar and now trades at $60,810.34 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 1.9% higher against the dollar and now trades at $0.10 or 0.00000167 BTC.
• Bitcoin Cash (BCH) traded 1.5% higher against the dollar and now trades at $317.97 or 0.00522881 BTC.
• UNUS SED LEO (LEO) traded 1.2% lower against the dollar and now trades at $5.63 or 0.00009263 BTC.
• Litecoin (LTC) traded up 1.1% against the dollar and now trades at $63.47 or 0.00104377 BTC.
• Monero (XMR) traded up 1.4% against the dollar and now trades at $171.99 or 0.00282836 BTC.
• Ethereum Classic (ETC) traded up 2.6% against the dollar and now trades at $18.12 or 0.00029792 BTC.
• Arweave (AR) traded 0.7% higher against the dollar and now trades at $19.04 or 0.00031305 BTC.
• Bitcoin SV (BSV) traded up 2.7% against the dollar and now trades at $47.37 or 0.00077896 BTC.
• NyanCoin (NYAN) traded 2.2% lower against the dollar and now trades at $2.40 or 0.00008809 BTC.

About Ergo

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 77,487,612 coins and its circulating supply is 77,489,076 coins. Ergo’s official Twitter account is @ergo_platform and its Facebook page is accessible here. 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.

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