Ergo (ERG) Hits Self Reported Market Capitalization of $44.11 Million

Ergo (ERG) traded 0.9% higher against the US dollar during the 1-day period ending at 7:00 AM E.T. on December 3rd. One Ergo coin can currently be bought for about $0.53 or 0.00000575 BTC on popular exchanges. In the last seven days, Ergo has traded down 12.8% against the US dollar. Ergo has a market capitalization of $44.11 million and approximately $253.50 thousand worth of Ergo was traded on exchanges in the last day.

Here is how similar cryptocurrencies have performed in the last day:

• Arweave (AR) traded up 10.6% against the dollar and now trades at $4.39 or 0.00004724 BTC.
• Bitcoin (BTC) traded up 6.4% against the dollar and now trades at $93,004.32 or 1.00000000 BTC.
• Dogecoin (DOGE) traded up 9.5% against the dollar and now trades at $0.15 or 0.00000161 BTC.
• Bitcoin Cash (BCH) traded up 10.8% against the dollar and now trades at $587.39 or 0.00631577 BTC.
• UNUS SED LEO (LEO) traded down 3.5% against the dollar and now trades at $9.40 or 0.00010109 BTC.
• Monero (XMR) traded 3.2% higher against the dollar and now trades at $402.77 or 0.00433065 BTC.
• Litecoin (LTC) traded up 8.5% against the dollar and now trades at $85.39 or 0.00091810 BTC.
• Zcash (ZEC) traded up 2.5% against the dollar and now trades at $336.21 or 0.00361503 BTC.
• Ethereum Classic (ETC) traded 6.7% higher against the dollar and now trades at $13.91 or 0.00014954 BTC.
• NyanCoin (NYAN) traded down 2.2% against the dollar and now trades at $2.40 or 0.00008809 BTC.

About Ergo

Ergo (CRYPTO:ERG) is a proof-of-work (PoW) coin that uses the Autolykos hashing algorithm. Its launch date was July 1st, 2019. Ergo’s total supply is 82,475,931 coins and its circulating supply is 82,478,046 coins. The official website for Ergo is ergoplatform.org. The official message board for Ergo 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. Ergo’s official Twitter account is @ergo_platform and its Facebook page is accessible here.

According to CryptoCompare, “Ergo builds advanced cryptographic features and radically new DeFi functionality on the rock-solid foundations laid by a decade of blockchain theory and development. Ergo is the open protocol that implements modern scientific ideas in the blockchain area. Ergo operates an open contributor model where anyone is welcome to contribute.EFYT (Ergo First Year Tokens) served the dual purposes of helping to build an early community of stake holders and enthusiasts for Ergo and of raising a small amount of funds for the platform before launch to fund development, promotion etc. EFYT is strictly a Waves token and is not the same as an ERG, which is the Ergo mainnet native token mined after Ergo’s mainnet launch.EFYT were swapped with a fraction of the ERG mined within the first 1 year post mainnet launch (July 1st 2019)”

Ergo Coin Trading

It is usually not currently possible to buy alternative cryptocurrencies such as Ergo directly using US dollars. Investors seeking to trade Ergo should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Gemini, Coinbase or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Ergo using one of the aforementioned exchanges.

ERG/USD price chart by TradingView