Ergo (ERG) Price Hits $0.68 on Major Exchanges

Ergo (ERG) traded up 0.2% against the dollar during the 24 hour period ending at 0:00 AM E.T. on September 18th. In the last seven days, Ergo has traded down 5.9% against the dollar. One Ergo coin can now be purchased for approximately $0.68 or 0.00001098 BTC on popular cryptocurrency exchanges. Ergo has a market cap of $52.86 million and approximately $248,620.59 worth of Ergo was traded on exchanges in the last 24 hours.

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

• Bitcoin (BTC) traded up 2.7% against the dollar and now trades at $62,114.40 or 1.00000000 BTC.
• Dogecoin (DOGE) traded up 2.9% against the dollar and now trades at $0.10 or 0.00000168 BTC.
• Bitcoin Cash (BCH) traded 9.2% higher against the dollar and now trades at $344.58 or 0.00554758 BTC.
• UNUS SED LEO (LEO) traded 1.9% lower against the dollar and now trades at $5.73 or 0.00009230 BTC.
• Litecoin (LTC) traded up 1.5% against the dollar and now trades at $65.17 or 0.00104912 BTC.
• Monero (XMR) traded down 1.3% against the dollar and now trades at $171.35 or 0.00275867 BTC.
• Ethereum Classic (ETC) traded 3.1% higher against the dollar and now trades at $18.53 or 0.00029831 BTC.
• Arweave (AR) traded up 4.2% against the dollar and now trades at $19.37 or 0.00031186 BTC.
• Bitcoin SV (BSV) traded 3.1% higher against the dollar and now trades at $48.49 or 0.00078063 BTC.
• NyanCoin (NYAN) traded 2.2% lower against the dollar and now trades at $2.40 or 0.00008809 BTC.

About Ergo

Ergo (CRYPTO: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 77,513,988 coins and its circulating supply is 77,515,068 coins. Ergo’s official website is ergoplatform.org. 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. 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.”

Buying and Selling Ergo

It is usually not presently possible to buy alternative cryptocurrencies such as Ergo directly using U.S. dollars. Investors seeking to trade Ergo should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Gemini, GDAX or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Ergo using one of the aforementioned exchanges.

ERG/USD price chart by TradingView