Ergo Self Reported Market Cap Reaches $55.70 Million (ERG)

Ergo (ERG) traded 0.7% higher against the U.S. dollar during the 24-hour period ending at 13:00 PM ET on September 12th. In the last seven days, Ergo has traded 4.1% higher against the U.S. dollar. Ergo has a market cap of $55.70 million and approximately $286,582.96 worth of Ergo was traded on exchanges in the last 24 hours. One Ergo coin can currently be purchased for about $0.72 or 0.00001242 BTC on popular exchanges.

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

• Bitcoin (BTC) traded 0.7% higher against the dollar and now trades at $57,925.45 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 0.2% higher against the dollar and now trades at $0.10 or 0.00000175 BTC.
• Bitcoin Cash (BCH) traded 1.3% lower against the dollar and now trades at $331.92 or 0.00573020 BTC.
• UNUS SED LEO (LEO) traded up 4% against the dollar and now trades at $5.76 or 0.00009941 BTC.
• Litecoin (LTC) traded 1.5% higher against the dollar and now trades at $62.74 or 0.00108316 BTC.
• Monero (XMR) traded up 0.7% against the dollar and now trades at $170.64 or 0.00294584 BTC.
• Ethereum Classic (ETC) traded 0.5% higher against the dollar and now trades at $18.48 or 0.00031907 BTC.
• Arweave (AR) traded up 0.6% against the dollar and now trades at $19.99 or 0.00034503 BTC.
• Bitcoin SV (BSV) traded down 2.6% against the dollar and now trades at $48.56 or 0.00083835 BTC.
• NyanCoin (NYAN) traded down 2.2% against the dollar and now trades at $2.40 or 0.00008809 BTC.

Ergo Coin Profile

Ergo (CRYPTO:ERG) 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 77,402,604 coins and its circulating supply is 77,404,500 coins. Ergo’s official Twitter account is @ergo_platform and its Facebook page is accessible here. Ergo’s official website is ergoplatform.org. The Reddit community for Ergo is https://reddit.com/r/ergonauts and the currency’s Github account can be viewed here. 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 presently possible to purchase alternative cryptocurrencies such as Ergo directly using US dollars. Investors seeking to acquire Ergo should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Changelly, Coinbase or GDAX. 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