Ergo 1-Day Trading Volume Tops $139,251.50 (ERG)

Ergo (ERG) traded 11.6% higher against the US dollar during the 1 day period ending at 7:00 AM ET on November 6th. One Ergo coin can currently be purchased for about $0.72 or 0.00000961 BTC on major cryptocurrency exchanges. During the last seven days, Ergo has traded up 6.6% against the US dollar. Ergo has a market cap of $56.16 million and $139,251.50 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 8.5% higher against the dollar and now trades at $74,665.44 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 19% higher against the dollar and now trades at $0.20 or 0.00000274 BTC.
• Bitcoin Cash (BCH) traded 10.4% higher against the dollar and now trades at $374.13 or 0.00501081 BTC.
• UNUS SED LEO (LEO) traded 0.2% higher against the dollar and now trades at $6.06 or 0.00008119 BTC.
• Litecoin (LTC) traded up 6.1% against the dollar and now trades at $70.17 or 0.00093980 BTC.
• Monero (XMR) traded up 1.9% against the dollar and now trades at $162.78 or 0.00218008 BTC.
• Ethereum Classic (ETC) traded up 6.8% against the dollar and now trades at $19.24 or 0.00025770 BTC.
• Bitcoin SV (BSV) traded up 9.5% against the dollar and now trades at $50.92 or 0.00068194 BTC.
• Arweave (AR) traded 13% higher against the dollar and now trades at $15.29 or 0.00020472 BTC.
• NyanCoin (NYAN) traded down 2.2% against the dollar and now trades at $2.40 or 0.00008809 BTC.

About Ergo

ERG 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 78,276,798 coins and its circulating supply is 78,277,785 coins. Ergo’s official Twitter account is @ergo_platform and its Facebook page is accessible here. Ergo’s official website is ergoplatform.org. The official message board for Ergo is www.ergoforum.org. 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 currently possible to purchase alternative cryptocurrencies such as Ergo directly using US dollars. Investors seeking to trade Ergo should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as GDAX, Coinbase or Gemini. 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