Ergo Price Tops $0.68 on Top Exchanges (ERG)

Ergo (ERG) traded up 1.6% against the U.S. dollar during the 24-hour period ending at 19:00 PM ET on November 1st. Ergo has a market capitalization of $53.25 million and $64,651.92 worth of Ergo was traded on exchanges in the last day. One Ergo coin can now be bought for about $0.68 or 0.00000982 BTC on major exchanges. During the last week, Ergo has traded up 6.6% against the U.S. dollar.

Here is how related cryptocurrencies have performed during the last day:

• Bitcoin (BTC) traded down 1% against the dollar and now trades at $69,367.98 or 1.00000000 BTC.
• Dogecoin (DOGE) traded down 2.4% against the dollar and now trades at $0.16 or 0.00000228 BTC.
• Bitcoin Cash (BCH) traded 2.9% lower against the dollar and now trades at $348.11 or 0.00501896 BTC.
• UNUS SED LEO (LEO) traded 0% higher against the dollar and now trades at $6.05 or 0.00008729 BTC.
• Litecoin (LTC) traded 1.4% higher against the dollar and now trades at $70.21 or 0.00101221 BTC.
• Monero (XMR) traded 0% higher against the dollar and now trades at $155.63 or 0.00224379 BTC.
• Ethereum Classic (ETC) traded down 0.9% against the dollar and now trades at $18.41 or 0.00026547 BTC.
• Bitcoin SV (BSV) traded down 4.4% against the dollar and now trades at $49.82 or 0.00071835 BTC.
• Arweave (AR) traded down 5.6% against the dollar and now trades at $14.55 or 0.00020973 BTC.
• NyanCoin (NYAN) traded 2.2% lower against the dollar and now trades at $2.40 or 0.00008809 BTC.

Ergo Profile

Ergo (CRYPTO: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 78,209,829 coins and its circulating supply is 78,209,493 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 presently possible to purchase alternative cryptocurrencies such as Ergo directly using US dollars. Investors seeking to acquire Ergo should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Coinbase, Changelly or GDAX. 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