Ergo (ERG) Tops 24 Hour Trading Volume of $567,616.92

Ergo (ERG) traded down 2.7% against the US dollar during the 24 hour period ending at 17:00 PM Eastern on May 5th. One Ergo coin can now be bought for approximately $1.31 or 0.00002047 BTC on cryptocurrency exchanges. Ergo has a market capitalization of $97.95 million and approximately $567,616.92 worth of Ergo was traded on exchanges in the last day. During the last seven days, Ergo has traded 10.9% lower against the US dollar.

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

• Bitcoin (BTC) traded 0.3% lower against the dollar and now trades at $63,746.82 or 1.00000000 BTC.
• Dogecoin (DOGE) traded down 0.6% against the dollar and now trades at $0.16 or 0.00000252 BTC.
• Bitcoin Cash (BCH) traded up 0.3% against the dollar and now trades at $468.10 or 0.00734311 BTC.
• Litecoin (LTC) traded down 1.1% against the dollar and now trades at $81.45 or 0.00127765 BTC.
• UNUS SED LEO (LEO) traded down 0.1% against the dollar and now trades at $5.81 or 0.00009121 BTC.
• Ethereum Classic (ETC) traded 2.2% higher against the dollar and now trades at $27.75 or 0.00043534 BTC.
• Arweave (AR) traded up 10.1% against the dollar and now trades at $39.52 or 0.00061992 BTC.
• Monero (XMR) traded 3.8% higher against the dollar and now trades at $130.82 or 0.00205213 BTC.
• Bitcoin SV (BSV) traded 1.8% lower against the dollar and now trades at $64.46 or 0.00101123 BTC.
• eCash (XEC) traded down 2.1% against the dollar and now trades at $0.0001 or 0.00000000 BTC.

About Ergo

Ergo 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 75,045,639 coins and its circulating supply is 75,046,395 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 currently possible to purchase alternative cryptocurrencies such as Ergo directly using U.S. dollars. Investors seeking to trade Ergo should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Changelly, GDAX or Coinbase. 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