Ergo Price Hits $1.38 (ERG)

Ergo (ERG) traded 0.2% higher against the US dollar during the twenty-four hour period ending at 18:00 PM E.T. on May 26th. In the last week, Ergo has traded 0.7% lower against the US dollar. Ergo has a market capitalization of $96.28 million and $338,737.73 worth of Ergo was traded on exchanges in the last 24 hours. One Ergo coin can now be purchased for about $1.38 or 0.00005164 BTC on cryptocurrency exchanges.

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

• Bitcoin (BTC) traded 1.1% higher against the dollar and now trades at $26,753.21 or 1.00000000 BTC.
• Dogecoin (DOGE) traded up 0.3% against the dollar and now trades at $0.0710 or 0.00000266 BTC.
• Litecoin (LTC) traded 2.7% higher against the dollar and now trades at $87.85 or 0.00328357 BTC.
• UNUS SED LEO (LEO) traded down 1.1% against the dollar and now trades at $3.52 or 0.00013169 BTC.
• Monero (XMR) traded 0.4% lower against the dollar and now trades at $150.87 or 0.00563947 BTC.
• Ethereum Classic (ETC) traded 2.3% higher against the dollar and now trades at $18.11 or 0.00067687 BTC.
• Bitcoin Cash (BCH) traded 1.4% higher against the dollar and now trades at $113.41 or 0.00423899 BTC.
• DEI (DEI) traded down 0% against the dollar and now trades at $0.20 or 0.00000749 BTC.
• Pax Dollar (USDP) traded down 0.1% against the dollar and now trades at $0.99 or 0.00003712 BTC.
• Conflux (CFX) traded down 1.2% against the dollar and now trades at $0.30 or 0.00001140 BTC.

About Ergo

Ergo (CRYPTO:ERG) is a proof-of-work (PoW) coin that uses the Autolykos hashing algorithm. It launched on July 1st, 2019. Ergo’s total supply is 59,756,145 coins and its circulating supply is 69,686,355 coins. The Reddit community for Ergo is https://reddit.com/r/ergonauts and the currency’s Github account can be viewed here. Ergo’s official website is ergoplatform.org. Ergo’s official Twitter account is @ergoplatformorg and its Facebook page is accessible here. The official message board for Ergo 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).”

Ergo Coin Trading

It is usually not 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 Gemini, GDAX or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Ergo using one of the exchanges listed above.

ERG/USD price chart by TradingView