Ergo (ERG) Price Tops $1.30

Ergo (ERG) traded down 2% against the US dollar during the twenty-four hour period ending at 23:00 PM Eastern on May 6th. In the last seven days, Ergo has traded down 3.3% against the US dollar. One Ergo coin can now be bought for $1.30 or 0.00002050 BTC on cryptocurrency exchanges. Ergo has a total market capitalization of $97.38 million and approximately $723,167.76 worth of Ergo was traded on exchanges in the last day.

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

• Bitcoin (BTC) traded 1% lower against the dollar and now trades at $63,283.80 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 4.7% lower against the dollar and now trades at $0.15 or 0.00000244 BTC.
• Bitcoin Cash (BCH) traded 0.8% higher against the dollar and now trades at $470.70 or 0.00743798 BTC.
• Litecoin (LTC) traded down 0.7% against the dollar and now trades at $80.29 or 0.00126865 BTC.
• UNUS SED LEO (LEO) traded down 0.7% against the dollar and now trades at $5.80 or 0.00009160 BTC.
• Ethereum Classic (ETC) traded down 2.5% against the dollar and now trades at $26.94 or 0.00042570 BTC.
• Arweave (AR) traded 2.1% higher against the dollar and now trades at $40.89 or 0.00064620 BTC.
• Monero (XMR) traded 1.8% lower against the dollar and now trades at $130.25 or 0.00205815 BTC.
• Bitcoin SV (BSV) traded 0.9% lower against the dollar and now trades at $63.88 or 0.00100947 BTC.
• eCash (XEC) traded 1.8% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.

Ergo Coin Profile

Ergo (ERG) is a proof-of-work (PoW) coin that uses the Autolykos hashing algorithm. It was first traded on July 1st, 2019. Ergo’s total supply is 75,068,994 coins and its circulating supply is 75,070,776 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. 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.”

Buying and Selling Ergo

It is usually not presently possible to purchase alternative cryptocurrencies such as Ergo directly using U.S. dollars. Investors seeking to trade Ergo should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Changelly, Gemini or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Ergo using one of the aforementioned exchanges.

ERG/USD price chart by TradingView