Ergo Price Hits $1.43 on Exchanges (ERG)

Ergo (ERG) traded down 6.5% against the U.S. dollar during the 24 hour period ending at 15:00 PM ET on April 14th. During the last week, Ergo has traded 17.1% lower against the U.S. dollar. Ergo has a market cap of $106.77 million and $538,722.39 worth of Ergo was traded on exchanges in the last day. One Ergo coin can now be bought for about $1.43 or 0.00002229 BTC on major cryptocurrency exchanges.

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

• Bitcoin (BTC) traded down 0.9% against the dollar and now trades at $64,175.36 or 1.00000000 BTC.
• Dogecoin (DOGE) traded down 5.5% against the dollar and now trades at $0.15 or 0.00000238 BTC.
• Bitcoin Cash (BCH) traded down 2.3% against the dollar and now trades at $487.08 or 0.00758887 BTC.
• Litecoin (LTC) traded down 4% against the dollar and now trades at $77.90 or 0.00121374 BTC.
• UNUS SED LEO (LEO) traded up 1.4% against the dollar and now trades at $5.89 or 0.00009179 BTC.
• Ethereum Classic (ETC) traded down 6.5% against the dollar and now trades at $25.75 or 0.00040114 BTC.
• Monero (XMR) traded down 2% against the dollar and now trades at $118.78 or 0.00185067 BTC.
• Arweave (AR) traded up 4.4% against the dollar and now trades at $26.62 or 0.00041470 BTC.
• Bitcoin SV (BSV) traded 4% lower against the dollar and now trades at $67.44 or 0.00105073 BTC.
• eCash (XEC) traded down 4.3% against the dollar and now trades at $0.0001 or 0.00000000 BTC.

About Ergo

Ergo is a proof-of-work (PoW) coin that uses the Autolykos hashing algorithm. Its genesis date was July 1st, 2019. Ergo’s total supply is 74,639,613 coins and its circulating supply is 74,638,803 coins. Ergo’s official website is ergoplatform.org. The official message board for Ergo is www.ergoforum.org. 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.

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 acquire Ergo should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Coinbase, GDAX or Changelly. 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