Ergo Self Reported Market Cap Reaches $29.57 Million (ERG)

Ergo (ERG) traded down 6.5% against the US dollar during the 1 day period ending at 8:00 AM E.T. on February 1st. In the last week, Ergo has traded 17.3% lower against the US dollar. One Ergo coin can now be bought for approximately $0.36 or 0.00000456 BTC on major exchanges. Ergo has a market capitalization of $29.57 million and $301.74 thousand worth of Ergo was traded on exchanges in the last 24 hours.

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

• Arweave (AR) traded down 6.7% against the dollar and now trades at $2.58 or 0.00003294 BTC.
• Bitcoin (BTC) traded 5% lower against the dollar and now trades at $78,300.72 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 5% lower against the dollar and now trades at $0.11 or 0.00000135 BTC.
• Bitcoin Cash (BCH) traded down 0.2% against the dollar and now trades at $533.50 or 0.00681348 BTC.
• UNUS SED LEO (LEO) traded 5.1% lower against the dollar and now trades at $8.74 or 0.00011166 BTC.
• Monero (XMR) traded down 11.9% against the dollar and now trades at $429.44 or 0.00548450 BTC.
• Zcash (ZEC) traded 5.7% lower against the dollar and now trades at $298.64 or 0.00381406 BTC.
• Litecoin (LTC) traded down 5.9% against the dollar and now trades at $59.17 or 0.00075567 BTC.
• Ethereum Classic (ETC) traded down 5.1% against the dollar and now trades at $9.73 or 0.00012424 BTC.
• NyanCoin (NYAN) traded 2.2% lower against the dollar and now trades at $2.40 or 0.00008809 BTC.

Ergo Coin Profile

Ergo (ERG) is a proof-of-work (PoW) coin that uses the Autolykos hashing algorithm. Its launch date was July 1st, 2019. Ergo’s total supply is 82,802,772 coins and its circulating supply is 82,802,856 coins. The official website for Ergo is ergoplatform.org. 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.

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)”

Ergo Coin Trading

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