Ergo Trading 4% Lower Over Last 7 Days (ERG)

Ergo (ERG) traded down 5.1% against the dollar during the 1 day period ending at 21:00 PM ET on February 18th. In the last week, Ergo has traded down 4% against the dollar. Ergo has a market capitalization of $85.78 million and approximately $61,348.10 worth of Ergo was traded on exchanges in the last 24 hours. One Ergo coin can now be bought for $1.08 or 0.00001127 BTC on exchanges.

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

• Bitcoin (BTC) traded 0.9% lower against the dollar and now trades at $95,439.33 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 3.4% lower against the dollar and now trades at $0.25 or 0.00000263 BTC.
• Litecoin (LTC) traded up 7.5% against the dollar and now trades at $132.96 or 0.00139328 BTC.
• UNUS SED LEO (LEO) traded 0% lower against the dollar and now trades at $9.79 or 0.00010255 BTC.
• Bitcoin Cash (BCH) traded down 3.2% against the dollar and now trades at $314.26 or 0.00329316 BTC.
• Monero (XMR) traded 0% higher against the dollar and now trades at $236.78 or 0.00248118 BTC.
• Ethereum Classic (ETC) traded 3.8% lower against the dollar and now trades at $20.06 or 0.00021025 BTC.
• NyanCoin (NYAN) traded 2.2% lower against the dollar and now trades at $2.40 or 0.00008809 BTC.
• IOTA (MIOTA) traded down 4.8% against the dollar and now trades at $0.22 or 0.00000227 BTC.
• Bitcoin SV (BSV) traded down 6.5% against the dollar and now trades at $37.16 or 0.00038938 BTC.

Ergo Coin Profile

Ergo (CRYPTO:ERG) is a proof-of-work (PoW) coin that uses the Autolykos hashing algorithm. It launched on July 1st, 2019. Ergo’s total supply is 79,751,928 coins and its circulating supply is 79,751,514 coins. The Reddit community for Ergo is https://reddit.com/r/ergonauts and the currency’s Github account can be viewed here. Ergo’s official Twitter account is @ergo_platform and its Facebook page is accessible here. Ergo’s official message board is www.ergoforum.org. The official website for Ergo 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 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 Changelly, GDAX or Coinbase. 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