Ergo Trading 4% Lower Over Last 7 Days (ERG)

Ergo (ERG) traded 5.1% lower against the U.S. dollar during the 1 day period ending at 21:00 PM E.T. on February 18th. Ergo has a total market capitalization of $85.78 million and $61,348.10 worth of Ergo was traded on exchanges in the last day. Over the last week, Ergo has traded down 4% against the U.S. dollar. One Ergo coin can currently be purchased for about $1.08 or 0.00001127 BTC on popular exchanges.

Here is how other cryptocurrencies have performed over the last day:

• Bitcoin (BTC) traded down 0.9% against the dollar and now trades at $95,439.33 or 1.00000000 BTC.
• Dogecoin (DOGE) traded down 3.4% against the dollar and now trades at $0.25 or 0.00000263 BTC.
• Litecoin (LTC) traded up 7.5% against the dollar and now trades at $132.96 or 0.00139328 BTC.
• UNUS SED LEO (LEO) traded 0% lower against the dollar and now trades at $9.79 or 0.00010255 BTC.
• Bitcoin Cash (BCH) traded 3.2% lower against the dollar and now trades at $314.26 or 0.00329316 BTC.
• Monero (XMR) traded up 0% against the dollar and now trades at $236.78 or 0.00248118 BTC.
• Ethereum Classic (ETC) traded 3.8% lower against the dollar and now trades at $20.06 or 0.00021025 BTC.
• NyanCoin (NYAN) traded down 2.2% against the dollar and now trades at $2.40 or 0.00008809 BTC.
• IOTA (MIOTA) traded 4.8% lower against the dollar and now trades at $0.22 or 0.00000227 BTC.
• Bitcoin SV (BSV) traded down 6.5% against the dollar and now trades at $37.16 or 0.00038938 BTC.

About Ergo

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 79,751,928 coins and its circulating supply is 79,751,514 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.”

Ergo Coin Trading

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 Coinbase, Gemini or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Ergo using one of the exchanges listed above.

ERG/USD price chart by TradingView