Ergo Trading Down 17.3% This Week (ERG)

Ergo (ERG) traded 3.3% lower against the dollar during the 24-hour period ending at 12:00 PM Eastern on April 30th. One Ergo coin can now be purchased for approximately $1.29 or 0.00002113 BTC on popular exchanges. In the last week, Ergo has traded down 17.3% against the dollar. Ergo has a total market capitalization of $96.34 million and approximately $972,631.83 worth of Ergo was traded on exchanges in the last day.

Here is how other cryptocurrencies have performed in the last day:

• Bitcoin (BTC) traded down 3.4% against the dollar and now trades at $60,825.35 or 1.00000000 BTC.
• Dogecoin (DOGE) traded down 6.4% against the dollar and now trades at $0.13 or 0.00000220 BTC.
• Bitcoin Cash (BCH) traded 6.1% lower against the dollar and now trades at $432.58 or 0.00711185 BTC.
• Litecoin (LTC) traded 5.7% lower against the dollar and now trades at $78.62 or 0.00129249 BTC.
• UNUS SED LEO (LEO) traded up 0.1% against the dollar and now trades at $5.83 or 0.00009589 BTC.
• Ethereum Classic (ETC) traded 7% lower against the dollar and now trades at $25.40 or 0.00041754 BTC.
• Monero (XMR) traded down 1.5% against the dollar and now trades at $120.85 or 0.00198683 BTC.
• Arweave (AR) traded 1.9% lower against the dollar and now trades at $33.94 or 0.00055799 BTC.
• Bitcoin SV (BSV) traded 7.2% lower against the dollar and now trades at $60.28 or 0.00099104 BTC.
• eCash (XEC) traded down 6.1% against the dollar and now trades at $0.0000 or 0.00000000 BTC.

Ergo Coin Profile

Ergo (CRYPTO: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 74,944,011 coins and its circulating supply is 74,945,064 coins. 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 website for Ergo is ergoplatform.org. 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 Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Coinbase, GDAX or Changelly. 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