Ergo (ERG) Reaches 1-Day Volume of $446,147.15

Ergo (ERG) traded down 1.4% against the US dollar during the 1 day period ending at 23:00 PM Eastern on May 26th. In the last seven days, Ergo has traded 3.5% lower against the US dollar. Ergo has a total market cap of $91.93 million and approximately $446,147.15 worth of Ergo was traded on exchanges in the last 24 hours. One Ergo coin can now be purchased for approximately $1.22 or 0.00001767 BTC on major cryptocurrency exchanges.

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

  • Bitcoin (BTC) traded down 0% against the dollar and now trades at $68,960.53 or 1.00000000 BTC.
  • Dogecoin (DOGE) traded 3.5% lower against the dollar and now trades at $0.17 or 0.00000241 BTC.
  • Bitcoin Cash (BCH) traded down 0.5% against the dollar and now trades at $488.40 or 0.00708232 BTC.
  • Litecoin (LTC) traded 0.2% lower against the dollar and now trades at $84.47 or 0.00122487 BTC.
  • UNUS SED LEO (LEO) traded 0.3% lower against the dollar and now trades at $5.94 or 0.00008608 BTC.
  • Ethereum Classic (ETC) traded up 2.7% against the dollar and now trades at $32.45 or 0.00047055 BTC.
  • Monero (XMR) traded 0.4% higher against the dollar and now trades at $141.98 or 0.00205889 BTC.
  • Arweave (AR) traded 1.8% lower against the dollar and now trades at $39.27 or 0.00056943 BTC.
  • Bitcoin SV (BSV) traded 1.1% higher against the dollar and now trades at $63.84 or 0.00092577 BTC.
  • eCash (XEC) traded down 1.3% against the dollar and now trades at $0.0000 or 0.00000000 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 75,454,824 coins and its circulating supply is 75,456,390 coins. 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. Ergo’s official website 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.”

Buying and Selling Ergo

It is usually not currently possible to buy alternative cryptocurrencies such as Ergo directly using U.S. dollars. Investors seeking to trade Ergo should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Coinbase, Gemini or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Ergo using one of the exchanges listed above.

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