Ergo

ERG Price

About Ergo

Ergo is a flexible blockchain protocol designed for developing decentralized applications, focusing on efficient, secure, and easy implementation of financial contracts. It incorporates various technical and economic improvements to existing blockchain solutions. Each coin in Ergo is protected by a program in ErgoScript, a powerful and protocol-friendly scripting language based on Σ-protocols. ErgoScript enables users to encode conditions for coin usage, including who can spend them, when, under what external conditions, and to whom. The protocol supports light nodes, making it user-friendly by allowing contract execution on untrusted commodity hardware. Ergo prioritizes long-term usability through a survivability approach, utilizing widely-researched solutions that prevent security issues and performance degradation over time, with a new economic model. Additionally, Ergo features a self-amendable protocol, allowing it to absorb new ideas and improve itself in the future.

Where can you buy Ergo?

ERG tokens can be traded on centralized crypto exchanges. The most popular exchange to buy and trade Ergo is MEXC, where the most active trading pair ERG/USDT has a trading volume of $89,162.89 in the last 24 hours. Other popular options include Gate and KuCoin.

What is the daily trading volume of Ergo (ERG)?

The trading volume of Ergo (ERG) is $241,310.89 in the last 24 hours, representing a 42.80% increase from one day ago and signalling a recent rise in market activity. Check out CoinGecko’s list of highest volume cryptocurrencies.

What is the highest and lowest price for Ergo (ERG)?

Ergo (ERG) reached an all-time high of $18.72 and an all-time low of $0.09419. It’s now trading -98.20% below that peak and 267.30% above its lowest price.

What is the market cap of Ergo (ERG)?

Market capitalization of Ergo (ERG) is $28,880,055 and is ranked #716 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of ERG tokens (83 Million tokens are tradable on the market today).

What is the fully diluted valuation of Ergo (ERG)?

The fully diluted valuation (FDV) of Ergo (ERG) is $33,830,090. This is a statistical representation of the maximum market cap, assuming the maximum number of 98 Million ERG tokens are in circulation today. Depending on how the emission schedule of ERG tokens are designed, it might take multiple years before FDV is realized.

How does the price performance of Ergo compare against its peers?

With a price increase of 37.60% in the last 7 days, Ergo (ERG) is outperforming the global cryptocurrency market which is up 10.40%, while outperforming when compared to similar Smart Contract Platform cryptocurrencies which are up 9.10%.