Ergo (ERG) Self Reported Market Cap Tops $55.46 Million

Ergo (ERG) traded 1.5% higher against the US dollar during the 1-day period ending at 18:00 PM E.T. on September 20th. Ergo has a market cap of $55.46 million and $321,111.50 worth of Ergo was traded on exchanges in the last 24 hours. In the last seven days, Ergo has traded down 0.8% against the US dollar. One Ergo coin can now be purchased for $0.72 or 0.00001133 BTC on popular exchanges.

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

• Bitcoin (BTC) traded up 0.3% against the dollar and now trades at $63,129.72 or 1.00000000 BTC.
• Dogecoin (DOGE) traded up 0.2% against the dollar and now trades at $0.11 or 0.00000167 BTC.
• Bitcoin Cash (BCH) traded 1.2% lower against the dollar and now trades at $336.03 or 0.00532234 BTC.
• UNUS SED LEO (LEO) traded 1.6% lower against the dollar and now trades at $5.71 or 0.00009039 BTC.
• Litecoin (LTC) traded 0.4% lower against the dollar and now trades at $65.26 or 0.00103364 BTC.
• Monero (XMR) traded 0.4% lower against the dollar and now trades at $176.06 or 0.00278870 BTC.
• Ethereum Classic (ETC) traded 1% higher against the dollar and now trades at $19.00 or 0.00030099 BTC.
• Arweave (AR) traded up 1.4% against the dollar and now trades at $20.20 or 0.00031999 BTC.
• Bitcoin SV (BSV) traded 0.4% higher against the dollar and now trades at $48.84 or 0.00077363 BTC.
• NyanCoin (NYAN) traded 2.2% lower against the dollar and now trades at $2.40 or 0.00008809 BTC.

Ergo Profile

Ergo 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 77,543,700 coins and its circulating supply is 77,544,924 coins. Ergo’s official message board is www.ergoforum.org. The official website for Ergo is ergoplatform.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.”

Ergo Coin Trading

It is usually not presently 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 GDAX, Coinbase or Gemini. 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