Ergo Achieves Self Reported Market Capitalization of $60.41 Million (ERG)

Ergo (ERG) traded 1.7% higher against the U.S. dollar during the twenty-four hour period ending at 8:00 AM Eastern on September 27th. During the last week, Ergo has traded 10.1% higher against the U.S. dollar. One Ergo coin can currently be purchased for about $0.78 or 0.00001189 BTC on exchanges. Ergo has a total market capitalization of $60.41 million and $197,548.16 worth of Ergo was traded on exchanges in the last 24 hours.

Here’s how related cryptocurrencies have performed during the last 24 hours:

  • Bitcoin (BTC) traded up 1.4% against the dollar and now trades at $65,447.90 or 1.00000000 BTC.
  • Dogecoin (DOGE) traded 7.1% higher against the dollar and now trades at $0.12 or 0.00000187 BTC.
  • Bitcoin Cash (BCH) traded up 2.4% against the dollar and now trades at $358.09 or 0.00547225 BTC.
  • UNUS SED LEO (LEO) traded up 0.3% against the dollar and now trades at $5.83 or 0.00008902 BTC.
  • Litecoin (LTC) traded up 3.6% against the dollar and now trades at $69.75 or 0.00106586 BTC.
  • Ethereum Classic (ETC) traded 2.5% higher against the dollar and now trades at $20.66 or 0.00031574 BTC.
  • Monero (XMR) traded down 0.7% against the dollar and now trades at $162.77 or 0.00248748 BTC.
  • Arweave (AR) traded up 2.9% against the dollar and now trades at $23.51 or 0.00035921 BTC.
  • Bitcoin SV (BSV) traded 1.9% higher against the dollar and now trades at $52.80 or 0.00080693 BTC.
  • Conflux (CFX) traded up 12.7% against the dollar and now trades at $0.19 or 0.00000287 BTC.

Ergo Coin Profile

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 77,654,844 coins and its circulating supply is 77,656,836 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 message board is www.ergoforum.org. Ergo’s official website is ergoplatform.org. 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 currently possible to buy alternative cryptocurrencies such as Ergo directly using U.S. dollars. Investors seeking to acquire Ergo should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Coinbase, Changelly or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Ergo using one of the exchanges listed above.

Receive News & Updates for Ergo Daily - Enter your email address below to receive a concise daily summary of the latest news and updates for Ergo and related cryptocurrencies with MarketBeat.com's FREE CryptoBeat newsletter.