Ergo (ERG) One Day Trading Volume Hits $41,604.20

Ergo (ERG) traded 0.5% lower against the US dollar during the one day period ending at 21:00 PM E.T. on October 22nd. In the last seven days, Ergo has traded 4.5% lower against the US dollar. One Ergo coin can currently be bought for approximately $0.65 or 0.00000964 BTC on popular cryptocurrency exchanges. Ergo has a market cap of $50.67 million and approximately $41,604.20 worth of Ergo was traded on exchanges in the last day.

Here’s how other cryptocurrencies have performed in the last day:

• Bitcoin (BTC) traded down 0.1% against the dollar and now trades at $67,299.31 or 1.00000000 BTC.
• Dogecoin (DOGE) traded down 4.1% against the dollar and now trades at $0.14 or 0.00000207 BTC.
• Bitcoin Cash (BCH) traded 2.4% lower against the dollar and now trades at $355.99 or 0.00528973 BTC.
• UNUS SED LEO (LEO) traded 0.6% lower against the dollar and now trades at $6.06 or 0.00009004 BTC.
• Litecoin (LTC) traded 2.2% lower against the dollar and now trades at $69.15 or 0.00102757 BTC.
• Monero (XMR) traded 0.6% higher against the dollar and now trades at $157.14 or 0.00233491 BTC.
• Ethereum Classic (ETC) traded down 2.4% against the dollar and now trades at $18.97 or 0.00028185 BTC.
• Arweave (AR) traded down 0.8% against the dollar and now trades at $18.41 or 0.00027359 BTC.
• Bitcoin SV (BSV) traded down 2.2% against the dollar and now trades at $47.93 or 0.00071226 BTC.
• NyanCoin (NYAN) traded 2.2% lower against the dollar and now trades at $2.40 or 0.00008809 BTC.

Ergo Profile

Ergo (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 78,060,687 coins and its circulating supply is 78,060,456 coins. 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. The Reddit community for Ergo is https://reddit.com/r/ergonauts and the currency’s Github account can be viewed here. The official website for Ergo is ergoplatform.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 trade Ergo should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Coinbase, Changelly or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Ergo using one of the exchanges listed above.

ERG/USD price chart by TradingView