Ergo Price Tops $0.75 on Top Exchanges (ERG)

Ergo (ERG) traded 0.3% lower against the US dollar during the 1-day period ending at 7:00 AM ET on October 1st. One Ergo coin can now be bought for approximately $0.75 or 0.00001178 BTC on major cryptocurrency exchanges. Over the last seven days, Ergo has traded down 7.5% against the US dollar. Ergo has a market cap of $58.50 million and approximately $199,063.30 worth of Ergo was traded on exchanges in the last day.

Here is how related cryptocurrencies have performed over the last day:

• Bitcoin (BTC) traded up 0.5% against the dollar and now trades at $63,899.48 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 1.3% lower against the dollar and now trades at $0.12 or 0.00000185 BTC.
• Bitcoin Cash (BCH) traded 0.8% higher against the dollar and now trades at $343.76 or 0.00537966 BTC.
• UNUS SED LEO (LEO) traded 1.2% higher against the dollar and now trades at $6.00 or 0.00009384 BTC.
• Litecoin (LTC) traded 2.3% higher against the dollar and now trades at $68.35 or 0.00106971 BTC.
• Ethereum Classic (ETC) traded down 0.1% against the dollar and now trades at $19.79 or 0.00030967 BTC.
• Monero (XMR) traded 1.5% higher against the dollar and now trades at $153.95 or 0.00240917 BTC.
• Arweave (AR) traded 2.1% higher against the dollar and now trades at $23.02 or 0.00036020 BTC.
• Bitcoin SV (BSV) traded 0.5% lower against the dollar and now trades at $49.76 or 0.00077874 BTC.
• NyanCoin (NYAN) traded 2.2% lower 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 genesis date was July 1st, 2019. Ergo’s total supply is 77,722,572 coins and its circulating supply is 77,724,420 coins. The official website for Ergo is ergoplatform.org. Ergo’s official Twitter account is @ergo_platform and its Facebook page is accessible here. The Reddit community for Ergo is https://reddit.com/r/ergonauts and the currency’s Github account can be viewed here. The official message board for Ergo is www.ergoforum.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.”

Buying and Selling Ergo

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

ERG/USD price chart by TradingView