Ergo (ERG) Trading Down 20.5% This Week

Ergo (ERG) traded down 10.5% against the U.S. dollar during the 24 hour period ending at 16:00 PM Eastern on April 17th. In the last week, Ergo has traded down 20.5% against the U.S. dollar. Ergo has a total market capitalization of $101.96 million and approximately $414,839.66 worth of Ergo was traded on exchanges in the last 24 hours. One Ergo coin can now be bought for $1.36 or 0.00002223 BTC on major exchanges.

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

• Bitcoin (BTC) traded down 2.4% against the dollar and now trades at $61,387.98 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 3% lower against the dollar and now trades at $0.15 or 0.00000243 BTC.
• Bitcoin Cash (BCH) traded down 3% against the dollar and now trades at $468.36 or 0.00762953 BTC.
• Litecoin (LTC) traded up 1% against the dollar and now trades at $79.76 or 0.00129922 BTC.
• UNUS SED LEO (LEO) traded down 0.1% against the dollar and now trades at $5.88 or 0.00009572 BTC.
• Ethereum Classic (ETC) traded down 1.4% against the dollar and now trades at $25.63 or 0.00041754 BTC.
• Monero (XMR) traded 1.2% lower against the dollar and now trades at $120.33 or 0.00196020 BTC.
• Arweave (AR) traded up 2.7% against the dollar and now trades at $24.85 or 0.00040480 BTC.
• Bitcoin SV (BSV) traded 1% lower against the dollar and now trades at $66.15 or 0.00107756 BTC.
• eCash (XEC) traded 3.3% lower against the dollar and now trades at $0.0001 or 0.00000000 BTC.

About Ergo

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 74,698,041 coins and its circulating supply is 74,698,581 coins. The official website for Ergo 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. 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.”

Ergo Coin Trading

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 Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Gemini, Changelly or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Ergo using one of the exchanges listed above.

ERG/USD price chart by TradingView