Ergo (ERG) Hits 24 Hour Volume of $111,803.55

Ergo (ERG) traded up 0.5% against the dollar during the 1-day period ending at 19:00 PM Eastern on October 11th. Ergo has a market capitalization of $51.07 million and $111,803.55 worth of Ergo was traded on exchanges in the last day. In the last seven days, Ergo has traded down 3.2% against the dollar. One Ergo coin can currently be purchased for approximately $0.66 or 0.00001050 BTC on major cryptocurrency exchanges.

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

  • Bitcoin (BTC) traded 3.6% higher against the dollar and now trades at $62,448.11 or 1.00000000 BTC.
  • Dogecoin (DOGE) traded up 4.4% against the dollar and now trades at $0.11 or 0.00000177 BTC.
  • Bitcoin Cash (BCH) traded up 1.6% against the dollar and now trades at $326.92 or 0.00523510 BTC.
  • UNUS SED LEO (LEO) traded up 0.5% against the dollar and now trades at $6.08 or 0.00009731 BTC.
  • Litecoin (LTC) traded up 2.3% against the dollar and now trades at $65.52 or 0.00104919 BTC.
  • Monero (XMR) traded up 0.2% against the dollar and now trades at $151.67 or 0.00242871 BTC.
  • Ethereum Classic (ETC) traded up 2.5% against the dollar and now trades at $18.61 or 0.00029808 BTC.
  • Arweave (AR) traded up 4.2% against the dollar and now trades at $18.76 or 0.00030048 BTC.
  • Bitcoin SV (BSV) traded 3.7% higher against the dollar and now trades at $45.53 or 0.00072903 BTC.
  • NyanCoin (NYAN) traded down 2.2% against the dollar and now trades at $2.40 or 0.00008809 BTC.

About Ergo

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 77,894,514 coins and its circulating supply is 77,894,157 coins. 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. Ergo’s official website is ergoplatform.org. Ergo’s official message board 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 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 GDAX, Gemini or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Ergo using one of the aforementioned exchanges.

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