Ergo Trading 5.7% Higher This Week (ERG)

Ergo (ERG) traded 0.3% lower against the U.S. dollar during the 24-hour period ending at 0:00 AM Eastern on September 29th. One Ergo coin can currently be purchased for $0.76 or 0.00001183 BTC on cryptocurrency exchanges. In the last week, Ergo has traded up 5.7% against the U.S. dollar. Ergo has a market cap of $59.22 million and $224,651.44 worth of Ergo was traded on exchanges in the last 24 hours.

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

  • Bitcoin (BTC) traded down 2% against the dollar and now trades at $64,433.09 or 1.00000000 BTC.
  • Dogecoin (DOGE) traded 5.3% lower against the dollar and now trades at $0.12 or 0.00000190 BTC.
  • Bitcoin Cash (BCH) traded down 1.9% against the dollar and now trades at $344.93 or 0.00535337 BTC.
  • UNUS SED LEO (LEO) traded up 1.1% against the dollar and now trades at $5.93 or 0.00009203 BTC.
  • Litecoin (LTC) traded down 2.1% against the dollar and now trades at $67.72 or 0.00105108 BTC.
  • Ethereum Classic (ETC) traded down 2.7% against the dollar and now trades at $19.98 or 0.00031008 BTC.
  • Monero (XMR) traded down 1.6% against the dollar and now trades at $154.21 or 0.00239334 BTC.
  • Arweave (AR) traded up 3.2% against the dollar and now trades at $22.70 or 0.00035226 BTC.
  • Bitcoin SV (BSV) traded down 2.2% against the dollar and now trades at $50.63 or 0.00078576 BTC.
  • Conflux (CFX) traded 3.1% higher against the dollar and now trades at $0.19 or 0.00000288 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 77,704,308 coins and its circulating supply is 77,703,948 coins. Ergo’s official Twitter account is @ergo_platform and its Facebook page is accessible here. The official message board for Ergo 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. 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 presently possible to buy alternative cryptocurrencies such as Ergo directly using US dollars. Investors seeking to acquire Ergo should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Gemini, Coinbase or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Ergo using one of the exchanges listed above.

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