Ergo (ERG) 24-Hour Trading Volume Hits $339,906.69

Ergo (ERG) traded 0.6% lower against the dollar during the twenty-four hour period ending at 13:00 PM E.T. on August 21st. One Ergo coin can now be purchased for approximately $0.75 or 0.00001248 BTC on major cryptocurrency exchanges. During the last seven days, Ergo has traded 4.5% lower against the dollar. Ergo has a total market capitalization of $57.40 million and $339,906.69 worth of Ergo was traded on exchanges in the last 24 hours.

Here is how other cryptocurrencies have performed during the last 24 hours:

• Bitcoin (BTC) traded 1.2% higher against the dollar and now trades at $59,700.63 or 1.00000000 BTC.
• Dogecoin (DOGE) traded up 1.2% against the dollar and now trades at $0.10 or 0.00000174 BTC.
• Bitcoin Cash (BCH) traded 1.9% higher against the dollar and now trades at $340.37 or 0.00570131 BTC.
• UNUS SED LEO (LEO) traded down 0.4% against the dollar and now trades at $6.03 or 0.00010097 BTC.
• Litecoin (LTC) traded 2.3% lower against the dollar and now trades at $62.25 or 0.00104266 BTC.
• Monero (XMR) traded down 0.6% against the dollar and now trades at $158.42 or 0.00265349 BTC.
• Ethereum Classic (ETC) traded 2.2% higher against the dollar and now trades at $19.28 or 0.00032298 BTC.
• Arweave (AR) traded up 3.3% against the dollar and now trades at $23.69 or 0.00039682 BTC.
• Bitcoin SV (BSV) traded 1.6% higher against the dollar and now trades at $42.99 or 0.00072016 BTC.
• NyanCoin (NYAN) traded down 2.2% against the dollar and now trades at $2.40 or 0.00008809 BTC.

Ergo Profile

Ergo (CRYPTO:ERG) is a proof-of-work (PoW) coin that uses the Autolykos hashing algorithm. Its launch date was July 1st, 2019. Ergo’s total supply is 77,028,252 coins and its circulating supply is 77,027,796 coins. Ergo’s official website is ergoplatform.org. 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.

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 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, GDAX or Changelly. 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