Ergo (ERG) One Day Trading Volume Tops $149,330.73

Ergo (ERG) traded 21.8% higher against the dollar during the twenty-four hour period ending at 11:00 AM Eastern on March 2nd. One Ergo coin can now be bought for approximately $0.99 or 0.00001127 BTC on major cryptocurrency exchanges. Ergo has a total market cap of $79.16 million and approximately $149,330.73 worth of Ergo was traded on exchanges in the last day. In the last week, Ergo has traded down 3.1% against the dollar.

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

• Bitcoin (BTC) traded 3.7% higher against the dollar and now trades at $87,900.76 or 1.00000000 BTC.
• Dogecoin (DOGE) traded up 4.8% against the dollar and now trades at $0.21 or 0.00000242 BTC.
• Litecoin (LTC) traded 4.2% lower against the dollar and now trades at $120.52 or 0.00137110 BTC.
• UNUS SED LEO (LEO) traded 0.7% higher against the dollar and now trades at $9.81 or 0.00011161 BTC.
• Bitcoin Cash (BCH) traded up 5.2% against the dollar and now trades at $325.14 or 0.00369895 BTC.
• Monero (XMR) traded 4.1% higher against the dollar and now trades at $226.68 or 0.00257878 BTC.
• Ethereum Classic (ETC) traded 2.5% higher against the dollar and now trades at $19.54 or 0.00022227 BTC.
• NyanCoin (NYAN) traded 2.2% lower against the dollar and now trades at $2.40 or 0.00008809 BTC.
• IOTA (MIOTA) traded 10.1% higher against the dollar and now trades at $0.22 or 0.00000249 BTC.
• Bitcoin SV (BSV) traded up 2.2% against the dollar and now trades at $35.30 or 0.00040157 BTC.

Ergo Coin Profile

Ergo is a proof-of-work (PoW) coin that uses the Autolykos hashing algorithm. It launched on July 1st, 2019. Ergo’s total supply is 79,900,014 coins and its circulating supply is 79,899,816 coins. Ergo’s official Twitter account is @ergo_platform and its Facebook page is accessible here. Ergo’s official website 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.

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 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 Changelly, GDAX or Gemini. 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