Ergo (ERG) Trading 2.6% Higher Over Last 7 Days

Ergo (ERG) traded 14.2% higher against the U.S. dollar during the 1 day period ending at 8:00 AM E.T. on February 25th. One Ergo coin can currently be purchased for $0.34 or 0.00000519 BTC on major exchanges. Over the last week, Ergo has traded up 2.6% against the U.S. dollar. Ergo has a market cap of $28.17 million and approximately $240.82 thousand worth of Ergo was traded on exchanges in the last 24 hours.

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

• Arweave (AR) traded 5.7% lower against the dollar and now trades at $1.73 or 0.00002639 BTC.
• Bitcoin (BTC) traded 5.3% higher against the dollar and now trades at $65,423.14 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 3.3% higher against the dollar and now trades at $0.0941 or 0.00000144 BTC.
• Bitcoin Cash (BCH) traded 2% higher against the dollar and now trades at $487.42 or 0.00744917 BTC.
• UNUS SED LEO (LEO) traded up 9.6% against the dollar and now trades at $8.69 or 0.00013279 BTC.
• Monero (XMR) traded 4.5% higher against the dollar and now trades at $339.58 or 0.00518970 BTC.
• Litecoin (LTC) traded up 5.4% against the dollar and now trades at $53.37 or 0.00081560 BTC.
• Zcash (ZEC) traded 2% higher against the dollar and now trades at $238.27 or 0.00364142 BTC.
• Ethereum Classic (ETC) traded 5% higher against the dollar and now trades at $8.55 or 0.00013070 BTC.
• NyanCoin (NYAN) traded 2.2% lower against the dollar and now trades at $2.40 or 0.00008809 BTC.

Ergo Coin Profile

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 82,905,732 coins and its circulating supply is 82,904,952 coins. Ergo’s official message board is www.ergoforum.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 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.”

Ergo Coin Trading

It is usually not presently possible to buy alternative cryptocurrencies such as Ergo directly using US dollars. Investors seeking to trade Ergo should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as GDAX, Gemini or Changelly. 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