Ergo Trading 8.3% Lower Over Last 7 Days (ERG)

Ergo (ERG) traded 2.1% higher against the U.S. dollar during the 24 hour period ending at 11:00 AM E.T. on July 27th. One Ergo coin can currently be bought for $0.84 or 0.00001214 BTC on popular cryptocurrency exchanges. During the last seven days, Ergo has traded down 8.3% against the U.S. dollar. Ergo has a market capitalization of $64.17 million and $409,300.09 worth of Ergo was traded on exchanges in the last day.

Here’s how similar cryptocurrencies have performed during the last day:

• Bitcoin (BTC) traded up 2% against the dollar and now trades at $69,024.83 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 5.4% higher against the dollar and now trades at $0.14 or 0.00000198 BTC.
• Bitcoin Cash (BCH) traded 4.7% higher against the dollar and now trades at $390.16 or 0.00565248 BTC.
• UNUS SED LEO (LEO) traded 0.2% higher against the dollar and now trades at $5.82 or 0.00008430 BTC.
• Litecoin (LTC) traded 1.6% higher against the dollar and now trades at $72.01 or 0.00104329 BTC.
• Ethereum Classic (ETC) traded 3% higher against the dollar and now trades at $23.20 or 0.00033605 BTC.
• Monero (XMR) traded 0.6% higher against the dollar and now trades at $163.53 or 0.00236916 BTC.
• Arweave (AR) traded up 5.7% against the dollar and now trades at $32.48 or 0.00047048 BTC.
• Bitcoin SV (BSV) traded up 4.4% against the dollar and now trades at $46.13 or 0.00066838 BTC.
• NyanCoin (NYAN) traded 2.2% lower against the dollar and now trades at $2.40 or 0.00008809 BTC.

About Ergo

Ergo (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 76,598,364 coins and its circulating supply is 76,598,988 coins. Ergo’s official website is ergoplatform.org. 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. 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 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, GDAX 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