Ergo (ERG) Price Reaches $0.70 on Exchanges

Ergo (ERG) traded 6.3% lower against the US dollar during the twenty-four hour period ending at 7:00 AM Eastern on October 2nd. Over the last week, Ergo has traded down 7.7% against the US dollar. One Ergo coin can currently be bought for approximately $0.70 or 0.00001154 BTC on major cryptocurrency exchanges. Ergo has a total market cap of $54.81 million and approximately $206,239.15 worth of Ergo was traded on exchanges in the last day.

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

• Bitcoin (BTC) traded down 4.4% against the dollar and now trades at $61,078.86 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 10.7% lower against the dollar and now trades at $0.11 or 0.00000174 BTC.
• Bitcoin Cash (BCH) traded down 8% against the dollar and now trades at $316.83 or 0.00518716 BTC.
• UNUS SED LEO (LEO) traded down 1.2% against the dollar and now trades at $5.90 or 0.00009656 BTC.
• Litecoin (LTC) traded down 7.1% against the dollar and now trades at $63.61 or 0.00104145 BTC.
• Ethereum Classic (ETC) traded down 7.3% against the dollar and now trades at $18.37 or 0.00030082 BTC.
• Monero (XMR) traded 8.5% lower against the dollar and now trades at $140.79 or 0.00230510 BTC.
• Arweave (AR) traded down 16.7% against the dollar and now trades at $19.22 or 0.00031469 BTC.
• Bitcoin SV (BSV) traded 8.4% lower against the dollar and now trades at $45.57 or 0.00074612 BTC.
• Conflux (CFX) traded 0.7% higher against the dollar and now trades at $0.18 or 0.00000303 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 77,742,276 coins and its circulating supply is 77,742,684 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 builds advanced cryptographic features and radically new DeFi functionality on the rock-solid foundations laid by a decade of blockchain theory and development. Ergo is the open protocol that implements modern scientific ideas in the blockchain area. Ergo operates an open contributor model where anyone is welcome to contribute.EFYT (Ergo First Year Tokens) served the dual purposes of helping to build an early community of stake holders and enthusiasts for Ergo and of raising a small amount of funds for the platform before launch to fund development, promotion etc. EFYT is strictly a Waves token and is not the same as an ERG, which is the Ergo mainnet native token mined after Ergo’s mainnet launch.EFYT were swapped with a fraction of the ERG mined within the first 1 year post mainnet launch (July 1st 2019)”

Buying and Selling Ergo

It is usually not currently 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 GDAX, Coinbase or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Ergo using one of the exchanges listed above.

ERG/USD price chart by TradingView