Ergo Price Tops $1.57 (ERG)

Ergo (ERG) traded up 0% against the U.S. dollar during the 1 day period ending at 20:00 PM E.T. on April 23rd. Ergo has a total market cap of $117.28 million and approximately $308,467.63 worth of Ergo was traded on exchanges in the last day. In the last seven days, Ergo has traded up 2.6% against the U.S. dollar. One Ergo coin can now be purchased for $1.57 or 0.00002353 BTC on exchanges.

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

• Bitcoin (BTC) traded 0.5% lower against the dollar and now trades at $66,619.34 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 1% lower against the dollar and now trades at $0.16 or 0.00000240 BTC.
• Bitcoin Cash (BCH) traded down 3.3% against the dollar and now trades at $504.56 or 0.00757373 BTC.
• Litecoin (LTC) traded 0.6% lower against the dollar and now trades at $85.08 or 0.00127711 BTC.
• UNUS SED LEO (LEO) traded up 0.2% against the dollar and now trades at $5.76 or 0.00008651 BTC.
• Ethereum Classic (ETC) traded 1% lower against the dollar and now trades at $28.16 or 0.00042277 BTC.
• Arweave (AR) traded down 3.5% against the dollar and now trades at $34.15 or 0.00051255 BTC.
• Monero (XMR) traded 0.7% lower against the dollar and now trades at $121.09 or 0.00181767 BTC.
• Bitcoin SV (BSV) traded down 2.4% against the dollar and now trades at $70.81 or 0.00106294 BTC.
• eCash (XEC) traded down 2.1% against the dollar and now trades at $0.0001 or 0.00000000 BTC.

Ergo Profile

ERG is a proof-of-work (PoW) coin that uses the Autolykos hashing algorithm. It launched on July 1st, 2019. Ergo’s total supply is 74,815,734 coins and its circulating supply is 74,817,435 coins. 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. Ergo’s official message board 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 possible to purchase alternative cryptocurrencies such as Ergo directly using U.S. dollars. Investors seeking to trade Ergo should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Gemini, Coinbase or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Ergo using one of the aforementioned exchanges.

ERG/USD price chart by TradingView