Ergo (ERG) Self Reported Market Capitalization Achieves $103.92 Million

Ergo (ERG) traded down 8.1% against the dollar during the 24-hour period ending at 22:00 PM Eastern on April 17th. Ergo has a total market capitalization of $103.92 million and approximately $382,504.92 worth of Ergo was traded on exchanges in the last 24 hours. In the last week, Ergo has traded 20.3% lower against the dollar. One Ergo coin can currently be purchased for approximately $1.39 or 0.00002261 BTC on popular cryptocurrency exchanges.

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

• Bitcoin (BTC) traded 3.7% lower against the dollar and now trades at $61,528.68 or 1.00000000 BTC.
• Dogecoin (DOGE) traded down 5.5% against the dollar and now trades at $0.15 or 0.00000239 BTC.
• Bitcoin Cash (BCH) traded down 3.1% against the dollar and now trades at $468.76 or 0.00761852 BTC.
• Litecoin (LTC) traded 0.5% higher against the dollar and now trades at $80.14 or 0.00130253 BTC.
• UNUS SED LEO (LEO) traded up 1% against the dollar and now trades at $5.92 or 0.00009614 BTC.
• Ethereum Classic (ETC) traded 2.8% lower against the dollar and now trades at $25.50 or 0.00041438 BTC.
• Monero (XMR) traded 3% lower against the dollar and now trades at $118.30 or 0.00192268 BTC.
• Arweave (AR) traded 1.2% lower against the dollar and now trades at $24.00 or 0.00039003 BTC.
• Bitcoin SV (BSV) traded down 2.4% against the dollar and now trades at $65.29 or 0.00106108 BTC.
• eCash (XEC) traded down 4.4% against the dollar and now trades at $0.0000 or 0.00000000 BTC.

Ergo Coin Profile

Ergo 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 74,702,199 coins and its circulating supply is 74,702,928 coins. The official message board for Ergo is www.ergoforum.org. The official website for Ergo is ergoplatform.org. The Reddit community for Ergo is https://reddit.com/r/ergonauts and the currency’s Github account can be viewed here. Ergo’s official Twitter account is @ergo_platform and its Facebook page is accessible 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 presently possible to purchase alternative cryptocurrencies such as Ergo directly using U.S. dollars. Investors seeking to acquire Ergo should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Gemini, GDAX 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