Ergo Self Reported Market Cap Reaches $16.85 Million (ERG)
by Tristan Rich · The Markets DailyErgo (ERG) traded 0.1% lower against the U.S. dollar during the one day period ending at 8:00 AM E.T. on June 29th. One Ergo coin can currently be bought for about $0.20 or 0.00000336 BTC on popular cryptocurrency exchanges. Over the last seven days, Ergo has traded down 8.7% against the U.S. dollar. Ergo has a total market capitalization of $16.85 million and approximately $118.81 thousand worth of Ergo was traded on exchanges in the last 24 hours.
Here’s how other cryptocurrencies have performed over the last 24 hours:
- Arweave (AR) traded up 5.4% against the dollar and now trades at $1.94 or 0.00003220 BTC.
- Bitcoin (BTC) traded down 0% against the dollar and now trades at $60,232.51 or 1.00000000 BTC.
- Dogecoin (DOGE) traded 1% lower against the dollar and now trades at $0.0729 or 0.00000121 BTC.
- UNUS SED LEO (LEO) traded down 0.1% against the dollar and now trades at $9.40 or 0.00015598 BTC.
- Zcash (ZEC) traded 0.8% lower against the dollar and now trades at $383.50 or 0.00636695 BTC.
- Monero (XMR) traded 0.9% lower against the dollar and now trades at $307.77 or 0.00510964 BTC.
- Bitcoin Cash (BCH) traded up 1.7% against the dollar and now trades at $196.56 or 0.00326327 BTC.
- Litecoin (LTC) traded 2.2% lower against the dollar and now trades at $42.29 or 0.00070218 BTC.
- Ethereum Classic (ETC) traded 0.3% lower against the dollar and now trades at $7.03 or 0.00011674 BTC.
- NyanCoin (NYAN) traded down 2.2% against the dollar and now trades at $2.40 or 0.00008809 BTC.
Ergo Profile
Ergo (ERG) 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 83,252,883 coins and its circulating supply is 83,252,775 coins. The official website for Ergo is ergoplatform.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. Ergo’s official message board is www.ergoforum.org.
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)Telegram, Discord, YoutubeWhitepaper”
Ergo Coin Trading
It is usually not currently possible to buy alternative cryptocurrencies such as Ergo directly using US dollars. Investors seeking to acquire Ergo should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as GDAX, Gemini or Coinbase. 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