Ergo (ERG) Trading 2.8% Higher Over Last Week

Ergo (ERG) traded up 0.1% against the US dollar during the 24-hour period ending at 23:00 PM E.T. on April 22nd. During the last seven days, Ergo has traded 2.8% higher against the US dollar. Ergo has a total market capitalization of $115.37 million and $411,743.46 worth of Ergo was traded on exchanges in the last day. One Ergo coin can now be purchased for approximately $1.54 or 0.00002313 BTC on cryptocurrency exchanges.

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

• Bitcoin (BTC) traded up 2.1% against the dollar and now trades at $66,650.46 or 1.00000000 BTC.
• Dogecoin (DOGE) traded down 0.5% against the dollar and now trades at $0.16 or 0.00000239 BTC.
• Bitcoin Cash (BCH) traded 1.7% higher against the dollar and now trades at $515.77 or 0.00773333 BTC.
• Litecoin (LTC) traded down 0% against the dollar and now trades at $84.91 or 0.00127315 BTC.
• UNUS SED LEO (LEO) traded 0.3% lower against the dollar and now trades at $5.75 or 0.00008624 BTC.
• Ethereum Classic (ETC) traded 1.2% higher against the dollar and now trades at $28.18 or 0.00042251 BTC.
• Arweave (AR) traded up 5.7% against the dollar and now trades at $34.61 or 0.00051899 BTC.
• Monero (XMR) traded 1% higher against the dollar and now trades at $120.71 or 0.00180989 BTC.
• Bitcoin SV (BSV) traded 1.8% higher against the dollar and now trades at $72.26 or 0.00108352 BTC.
• eCash (XEC) traded up 1.4% 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. It was first traded on July 1st, 2019. Ergo’s total supply is 74,798,940 coins and its circulating supply is 74,800,506 coins. The official message board for Ergo is www.ergoforum.org. The official website for Ergo is ergoplatform.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.

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 presently 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 Coinbase, Changelly or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Ergo using one of the aforementioned exchanges.

ERG/USD price chart by TradingView