Ergo (ERG) Trading Down 5.8% Over Last 7 Days

Ergo (ERG) traded down 1.3% against the dollar during the 24 hour period ending at 23:00 PM ET on November 4th. Ergo has a total market capitalization of $49.52 million and $113,375.06 worth of Ergo was traded on exchanges in the last 24 hours. Over the last week, Ergo has traded 5.8% lower against the dollar. One Ergo coin can currently be purchased for approximately $0.63 or 0.00000927 BTC on popular exchanges.

Here is how similar cryptocurrencies have performed over the last 24 hours:

• Bitcoin (BTC) traded down 1.3% against the dollar and now trades at $68,237.65 or 1.00000000 BTC.
• Dogecoin (DOGE) traded up 6.5% against the dollar and now trades at $0.16 or 0.00000237 BTC.
• Bitcoin Cash (BCH) traded 1.9% lower against the dollar and now trades at $332.07 or 0.00486632 BTC.
• UNUS SED LEO (LEO) traded 0.1% lower against the dollar and now trades at $6.05 or 0.00008860 BTC.
• Litecoin (LTC) traded down 1.4% against the dollar and now trades at $66.34 or 0.00097226 BTC.
• Monero (XMR) traded 2% higher against the dollar and now trades at $160.01 or 0.00234489 BTC.
• Ethereum Classic (ETC) traded 0.2% higher against the dollar and now trades at $17.86 or 0.00026173 BTC.
• Bitcoin SV (BSV) traded down 3.7% against the dollar and now trades at $45.69 or 0.00066961 BTC.
• Arweave (AR) traded 5.2% lower against the dollar and now trades at $13.21 or 0.00019353 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 78,255,882 coins and its circulating supply is 78,256,890 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 Twitter account is @ergo_platform and its Facebook page is accessible here. The official website for Ergo is ergoplatform.org. 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.”

Ergo Coin Trading

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

ERG/USD price chart by TradingView