Ergo (ERG) Self Reported Market Cap Hits $72.77 Million

Ergo (ERG) traded 5.9% higher against the dollar during the one day period ending at 8:00 AM Eastern on July 2nd. In the last week, Ergo has traded 1% lower against the dollar. Ergo has a total market capitalization of $72.77 million and $943,472.09 worth of Ergo was traded on exchanges in the last 24 hours. One Ergo coin can currently be purchased for about $0.96 or 0.00001523 BTC on cryptocurrency exchanges.

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

• Bitcoin (BTC) traded 0.2% higher against the dollar and now trades at $62,729.70 or 1.00000000 BTC.
• Dogecoin (DOGE) traded down 0.4% against the dollar and now trades at $0.12 or 0.00000198 BTC.
• Bitcoin Cash (BCH) traded 0.4% lower against the dollar and now trades at $386.26 or 0.00615753 BTC.
• Litecoin (LTC) traded 0.7% higher against the dollar and now trades at $75.27 or 0.00119998 BTC.
• UNUS SED LEO (LEO) traded up 0.1% against the dollar and now trades at $5.77 or 0.00009199 BTC.
• Ethereum Classic (ETC) traded 2.1% lower against the dollar and now trades at $23.21 or 0.00036997 BTC.
• Monero (XMR) traded 1.1% lower against the dollar and now trades at $168.79 or 0.00269070 BTC.
• Arweave (AR) traded down 0.2% against the dollar and now trades at $28.35 or 0.00045198 BTC.
• Bitcoin SV (BSV) traded 0% lower against the dollar and now trades at $44.56 or 0.00071041 BTC.
• NyanCoin (NYAN) traded down 2.2% against the dollar and now trades at $2.40 or 0.00008809 BTC.

Ergo Coin Profile

Ergo (CRYPTO: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 76,155,771 coins and its circulating supply is 76,156,473 coins. 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. Ergo’s official message board 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 currently possible to purchase alternative cryptocurrencies such as Ergo directly using U.S. dollars. Investors seeking to trade Ergo should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as GDAX, Coinbase or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Ergo using one of the aforementioned exchanges.

ERG/USD price chart by TradingView