Ergo Achieves Self Reported Market Capitalization of $40.54 Million (ERG)

Ergo (ERG) traded up 1% against the U.S. dollar during the 24-hour period ending at 7:00 AM E.T. on January 4th. Ergo has a total market cap of $40.54 million and approximately $158.42 thousand worth of Ergo was traded on exchanges in the last 24 hours. Over the last seven days, Ergo has traded 4.7% higher against the U.S. dollar. One Ergo coin can currently be bought for about $0.49 or 0.00000538 BTC on exchanges.

Here’s how similar cryptocurrencies have performed over the last 24 hours:

• Arweave (AR) traded up 3.5% against the dollar and now trades at $3.98 or 0.00004369 BTC.
• Bitcoin (BTC) traded up 1.7% against the dollar and now trades at $91,224.94 or 1.00000000 BTC.
• Dogecoin (DOGE) traded up 7.2% against the dollar and now trades at $0.15 or 0.00000168 BTC.
• Bitcoin Cash (BCH) traded up 1.4% against the dollar and now trades at $645.74 or 0.00708052 BTC.
• Zcash (ZEC) traded down 0% against the dollar and now trades at $506.03 or 0.00554863 BTC.
• UNUS SED LEO (LEO) traded down 3.2% against the dollar and now trades at $8.94 or 0.00009805 BTC.
• Monero (XMR) traded 1.7% higher against the dollar and now trades at $435.70 or 0.00477744 BTC.
• Litecoin (LTC) traded up 1.5% against the dollar and now trades at $82.66 or 0.00090634 BTC.
• Ethereum Classic (ETC) traded up 3.7% against the dollar and now trades at $12.86 or 0.00014096 BTC.
• NyanCoin (NYAN) traded 2.2% lower against the dollar and now trades at $2.40 or 0.00008809 BTC.

About Ergo

Ergo (CRYPTO: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 82,681,986 coins and its circulating supply is 82,682,628 coins. The official website for Ergo is ergoplatform.org. Ergo’s official message board is www.ergoforum.org. 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.

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 U.S. dollars. Investors seeking to trade Ergo should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as GDAX, Changelly or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Ergo using one of the exchanges listed above.

ERG/USD price chart by TradingView