Ergo Self Reported Market Cap Hits $115.01 Million (ERG)

Ergo (ERG) traded 8.8% higher against the US dollar during the 1 day period ending at 0:00 AM Eastern on April 18th. One Ergo coin can currently be bought for about $1.54 or 0.00002470 BTC on major cryptocurrency exchanges. During the last seven days, Ergo has traded down 8.2% against the US dollar. Ergo has a total market cap of $115.01 million and $416,027.11 worth of Ergo was traded on exchanges in the last 24 hours.

Here is how related cryptocurrencies have performed during the last 24 hours:

• Bitcoin (BTC) traded 0.6% higher against the dollar and now trades at $62,315.49 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 1.2% lower against the dollar and now trades at $0.15 or 0.00000237 BTC.
• Bitcoin Cash (BCH) traded down 1.4% against the dollar and now trades at $468.98 or 0.00752592 BTC.
• Litecoin (LTC) traded down 1.4% against the dollar and now trades at $79.36 or 0.00127344 BTC.
• UNUS SED LEO (LEO) traded down 0.8% against the dollar and now trades at $5.84 or 0.00009364 BTC.
• Ethereum Classic (ETC) traded down 2.1% against the dollar and now trades at $25.35 or 0.00040677 BTC.
• Monero (XMR) traded 3.2% lower against the dollar and now trades at $115.03 or 0.00184586 BTC.
• Arweave (AR) traded up 0% against the dollar and now trades at $24.44 or 0.00039213 BTC.
• Bitcoin SV (BSV) traded down 1.7% against the dollar and now trades at $64.83 or 0.00104032 BTC.
• eCash (XEC) traded 2.7% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.

About Ergo

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 74,723,988 coins and its circulating supply is 74,723,907 coins. 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. Ergo’s official Twitter account is @ergo_platform and its Facebook page is accessible here. Ergo’s official website is ergoplatform.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 Coinbase, Gemini 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