Ergo Reaches Self Reported Market Cap of $79.23 Million (ERG)

Ergo (ERG) traded up 2.9% against the US dollar during the 1 day period ending at 21:00 PM ET on June 14th. One Ergo coin can now be purchased for $1.05 or 0.00001582 BTC on popular cryptocurrency exchanges. Ergo has a market capitalization of $79.23 million and approximately $563,503.04 worth of Ergo was traded on exchanges in the last 24 hours. In the last seven days, Ergo has traded 3.5% lower against the US dollar.

Here’s how similar cryptocurrencies have performed in the last 24 hours:

  • Bitcoin (BTC) traded 0.7% lower against the dollar and now trades at $66,065.91 or 1.00000000 BTC.
  • Dogecoin (DOGE) traded 4.1% lower against the dollar and now trades at $0.14 or 0.00000204 BTC.
  • Bitcoin Cash (BCH) traded down 1.6% against the dollar and now trades at $424.04 or 0.00641838 BTC.
  • Litecoin (LTC) traded down 2.1% against the dollar and now trades at $77.68 or 0.00117574 BTC.
  • UNUS SED LEO (LEO) traded 0.7% lower against the dollar and now trades at $5.56 or 0.00008412 BTC.
  • Ethereum Classic (ETC) traded 0.4% lower against the dollar and now trades at $25.10 or 0.00037999 BTC.
  • Monero (XMR) traded up 0.3% against the dollar and now trades at $170.59 or 0.00258219 BTC.
  • Arweave (AR) traded 1.8% lower against the dollar and now trades at $28.48 or 0.00043112 BTC.
  • Bitcoin SV (BSV) traded down 2.5% against the dollar and now trades at $49.28 or 0.00074592 BTC.
  • NyanCoin (NYAN) traded 2.2% lower 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 75,821,160 coins and its circulating supply is 75,820,944 coins. 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. Ergo’s official website is ergoplatform.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 currently 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, Changelly or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Ergo using one of the aforementioned exchanges.

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