Ergo Self Reported Market Cap Hits $52.43 Million (ERG)

Ergo (ERG) traded up 0% against the U.S. dollar during the 1-day period ending at 0:00 AM ET on September 17th. In the last seven days, Ergo has traded 5.9% lower against the U.S. dollar. One Ergo coin can currently be bought for $0.68 or 0.00001119 BTC on popular cryptocurrency exchanges. Ergo has a total market cap of $52.43 million and approximately $252,922.18 worth of Ergo was traded on exchanges in the last 24 hours.

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

• Bitcoin (BTC) traded up 3.8% against the dollar and now trades at $60,469.18 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 0.8% higher against the dollar and now trades at $0.10 or 0.00000167 BTC.
• Bitcoin Cash (BCH) traded up 0.6% against the dollar and now trades at $315.33 or 0.00521545 BTC.
• UNUS SED LEO (LEO) traded down 0.1% against the dollar and now trades at $5.69 or 0.00009404 BTC.
• Litecoin (LTC) traded 1.2% higher against the dollar and now trades at $64.00 or 0.00105846 BTC.
• Monero (XMR) traded 1.8% higher against the dollar and now trades at $173.84 or 0.00287530 BTC.
• Ethereum Classic (ETC) traded 0.2% higher against the dollar and now trades at $17.85 or 0.00029530 BTC.
• Arweave (AR) traded 1.8% lower against the dollar and now trades at $18.68 or 0.00030888 BTC.
• Bitcoin SV (BSV) traded 1.2% higher against the dollar and now trades at $46.88 or 0.00077534 BTC.
• Nervos Network (CKB) traded 23.6% higher against the dollar and now trades at $0.0199 or 0.00000033 BTC.

Ergo Coin Profile

Ergo (ERG) is a proof-of-work (PoW) coin that uses the Autolykos hashing algorithm. Its launch date was July 1st, 2019. Ergo’s total supply is 77,498,484 coins and its circulating supply is 77,498,268 coins. Ergo’s official Twitter account is @ergo_platform and its Facebook page is accessible here. Ergo’s official website 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 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 Gemini, GDAX or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Ergo using one of the exchanges listed above.

ERG/USD price chart by TradingView