Ergo (ERG) One Day Trading Volume Hits $370,837.61

Ergo (ERG) traded up 13.6% against the U.S. dollar during the twenty-four hour period ending at 12:00 PM Eastern on November 22nd. In the last week, Ergo has traded up 34.3% against the U.S. dollar. One Ergo coin can currently be purchased for about $1.60 or 0.00001612 BTC on cryptocurrency exchanges. Ergo has a market capitalization of $125.39 million and approximately $370,837.61 worth of Ergo was traded on exchanges in the last 24 hours.

Here’s how similar cryptocurrencies have performed in the last 24 hours:

• Bitcoin (BTC) traded 1.1% higher against the dollar and now trades at $99,067.66 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 6.3% higher against the dollar and now trades at $0.41 or 0.00000411 BTC.
• Bitcoin Cash (BCH) traded up 1.6% against the dollar and now trades at $489.17 or 0.00493774 BTC.
• UNUS SED LEO (LEO) traded down 4.3% against the dollar and now trades at $8.50 or 0.00008575 BTC.
• Litecoin (LTC) traded 2.7% higher against the dollar and now trades at $90.54 or 0.00091391 BTC.
• Ethereum Classic (ETC) traded 3% higher against the dollar and now trades at $28.03 or 0.00028298 BTC.
• Monero (XMR) traded 1.2% lower against the dollar and now trades at $158.92 or 0.00160418 BTC.
• Bitcoin SV (BSV) traded 1.1% higher against the dollar and now trades at $67.55 or 0.00068181 BTC.
• Arweave (AR) traded down 1.3% against the dollar and now trades at $17.64 or 0.00017808 BTC.
• eCash (XEC) traded 0.4% higher against the dollar and now trades at $0.0000 or 0.00000000 BTC.

Ergo Profile

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 78,520,545 coins and its circulating supply is 78,520,188 coins. Ergo’s official website 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.”

Buying and Selling Ergo

It is usually not presently possible to buy alternative cryptocurrencies such as Ergo directly using U.S. dollars. Investors seeking to acquire Ergo should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Changelly, Coinbase or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Ergo using one of the aforementioned exchanges.

ERG/USD price chart by TradingView