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Ergo ERG

Ergo Price (ERG)
$0.9717
1.08% Buy ERG Now

0.0003 ETH

0.0000149 BTC

Buy ERG Now
Low: $0.9485
High: $0.9938
24h
Market Cap
$73,768,151
1.08%
Fully Diluted Market Cap
$94,974,812
1.08%
Volume
24h
$219,061
2.33%
Volume / Market Cap
0.0030
Circulating Supply
75,915,849 ERG
77.67%
Max Supply
97,739,924
Total Supply
75,915,849

Ergo (ERG) Social Signals & Traffic Tracker

X Stats
Visit Twitter

Followers

Joined at Nov 15, 2022

Following

0

Tweet count

0

Ergo reddit
Reddit Stats

Subscribers

-

Subreddit type

-

Moderators

-

Currently, official Ergo (ERG) Reddit Stats account doesn’t exist or wasn’t submitted. 🔆 Submit Now

Ergo telegram
Telegram Stats

Members

-

Title

-

Currently, official Ergo (ERG) Telegram Stats account doesn’t exist or wasn’t submitted. 🔆 Submit Now

Ergo traffic
Website Traffic
Visit Website

Website Rating (DR)

64 / 100

0.00%

Ahrefs Rank

196,728

7.24%

Organic Traffic (mo.)

2,341

12.22%

Ergo github
GitHub Organization
Visit GitHub

Public repos

Created at Apr 14, 2017

Type

Organization

Ergo github
GitHub Public Repository

Stars

-

Watchers

-

Forks

-

Language

-

Currently, official Ergo (ERG) GitHub Public Repository doesn’t exist or wasn’t submitted. 🔆 Submit Now

These are the project's quantitative metrics of its Organizational GitHub Public account that can be used to trace regular or artificial development activity & growth within the project.

These are the project's quantitative metrics of its official GitHub Public Repositories that can be used to trace regular or artificial development activity, growth & popularity of the project.

These are the project's quantitative metrics of its official Telegram account that can be used to trace regular or artificial Social activity & growth within the project.

These are the project's quantitative metrics of its official X account that can be used to trace regular or artificial Social activity & growth within the project.

These are the project's quantitative metrics of its official Reddit account that can be used to trace regular or artificial Social activity & growth within the project.

These are the project website's metrics based on Ahrefs Rank. They're used to trace website activity & growth within the project. DR (Domain Rating) metric is a sign of the project's website reputability that is ranked from 0 to 100 (the higher the rank, the better reputability). Organic Traffic - is a metric of how many monthly users visit the project's website via search engines. All these metrics are used for determining active or passive projects despite the artificial hype.


Live ERG Price Analysis

The current real time Ergo price is $0.9717, and its trading volume is $219,061 in the last 24 hours. ERG price has grew by 1.08% in the last day, and decreased by 6.88% in the last 7 days. It’s important to note that current Ergo market capitalization is $73,768,151, and the maximum supply is 97,739,924 ERG coins. Talking about circulating supply, ERG has 75,915,849 coins. Currently, Ergo rank on the market is #371.

Ergo price today is 97.79% below all time high, and it is 933.97% above all time low.

All data and prices are updated in real-time. The most active and popular exchanges for buying or selling ERG are Binance, Kucoin & Kraken. Find more crypto exchange options on our Crypto Exchange Tracker. The most secure hardware wallets for keeping your cryptocurrency safe are Ledger and Trezor.

What is Ergo?

The Ergo coin or ERG is the official currency of the Ergo Platform. The latter is a blockchain-based platform that enables its users to develop decentralized applications (dApps).

ERG powers the Ergo Platform. It’s mainly used as a medium of exchange for transaction fees and storage rent.

Ergo coins are divisible. This means that there are smaller units of the coin itself. They’re called nanoErgs.

nanoErgs represent the one-billionth of a single Ergo coin.

The Ergo coin was launched without the help of an Initial Coin Offering (ICO) or pre-mining events.

There are a few ways to acquire ERG. The most obvious way to do this is to buy the coins via a major exchange that carries ERG. Another way to acquire ERG is via mining.

Ergo coins can be mined through the Proof-of-Work (PoW) algorithm. One of the main benefits of this algorithm is that it doesn’t require a highly expensive mining rig. This opens the doors for regular people to mine ERG as almost all commonly used GPUs are capable of doing it.

There is a max cap of 97,739,925 Ergo coins. Moreover, no coins were pre-allocated to the founding team or investors.

Initially, Ergo planned to release all of the Ergo coins in the span of 8 years. However, this token emission schedule was changed via an emission retargeting soft fork. The new end date for releasing the Ergo coins is set to be around 2045.

Since ERG is a cryptocurrency, its price tends to fluctuate. In order to make an informed purchase decision, you can have a more in-depth look at the Ergo price history or the current ERG price on the graph above.

What are the Main Features of Ergo?

Ergo is a smart contract platform.

One of the main goals of this project is to create a trustless environment for financial contract implementation. The target audience of the Ergo Platform is regular people who have little to no knowledge of blockchain technologies.

As discussed in the What is Ergo section, Ergo operates using a custom Proof-of-Work consensus mechanism that’s exclusive to the Ergo Platform. It’s also known as Autolykos.

The reasoning behind choosing PoW is directly related to its high security and safety.

It’s well documented that the Proof-of-Work consensus mechanism consumes a lot of energy. It’s what makes Bitcoin, the project that introduced PoW, so environmentally unfriendly. 

This is where Autolykos comes in. Ergo tackles the issue of energy consumption by modifying the original Proof-of-Work consensus mechanism to use up electricity in a more efficient manner.

Autolykos paves the way for Ergo to become “more energy efficient than Bitcoin”.

Some of the other features exclusive to the Ergo blockchain include Sigma Protocols, eUTXO, NIPoPoW, and storage rent.

Sigma Protocols are a crucial element of developing dApps on the Ergo Platform.

UTXO is the backbone of Ergo’s smart contracts. Ergo uses an extended model of UTXO also referred to as eUTXO. It’s a multi-stage model that brings improved privacy, increased scalability, and decreased transaction costs.

NiPoPoW or Non-Interactive Proofs of Proof-of-Work provides users with the ability to run smart contracts on mobile devices in a trustless manner. In addition, it speeds up the verification process of individual transactions.

Storage rent addresses the issue of inactive network participants. Ergo coins who haven’t been interacted with for over 4 years will be charged with modest fees. To put it simply, coins that haven’t been used for this time period will have to pay a type of rent for storing their coins.

Most importantly, the storage rent model ensures that the circulating supply of ERG doesn’t decrease.

Furthermore, Ergo has introduced a new coding language called ErgoScript. Its core functionality is creating advanced financial contracts without compromising its levels of security

In addition, ErgoScript is behind all Ergo coins. It enables coin holders to modify their parameters such as accessibility, conditions, and terms of use.

Ergo Platform has been audited by Jean-Philipee Aumasson. The audit report is publicly available for anyone to review.

Who Developed Ergo?

The idea behind the Ergo crypto project was born in 2016 and its development began in 2017. The Ergo Platform was officially launched in mid-2019. The company behind the project is registered as Ergo Platform. It’s a blockchain-based company co-founded by a team of entrepreneurs with years of experience in blockchain development.

Some notable members of the founding team include the lead developer Alexander Chepurnoy who has been in the crypto sector for more than 10 years. He has worked with top cryptocurrency projects such as IOHK and NXT. Besides the Ergo Platform, Chepurnoy also co-founded smartcontract.com which later became one of the most known oracle providers in the industry - Chainlink.

If Ergo interests you, make sure to do proper research before diving in. You can start by checking out the Ergo price in the above section.

Ergo has managed to establish some solid partnerships with major players in the crypto industry. This includes Cardano, EMURGO, and Graviton.

What's Ergo trading volume in the last 24 hours?

ERG has a trading volume of $219,061 in the last 24 hours.

What's Ergo highest price ever?

ERG has a highest price of $44.06, which was reached on Jul 01, 2019 (4 years 11 months ago).

What's Ergo lowest price ever?

ERG has a lowest price of $0.0940, which was reached on Mar 13, 2020 (4 years 3 months ago).

What are the best exchanges for buying and selling ERG?

Currently, the most active and dominating exchanges for buying and selling Ergo are Binance, Kraken & Kucoin. The most popular Ergo trading pairs are ERG/USDT (on Huobi Global ), ERG/USDT (on Gate.io ), ERG/USDT (on CoinEx ). Head to the Crypto Deal Directory to access custom & exclusive discounts, vouchers and welcome bonuses from the most popular exchanges.

What are the safest hardware wallets for keeping ERG?

According to an in-depth review process and testing, Ledger and Trezor are one of the safest and most popular hardware wallet options for keeping Ergo. For exclusive discounts and promotions on best crypto wallets, visit Crypto Deal Directory.

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Current market Price of a specific cryptocurrency.

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The cryptocurrency's market Price changes in percent within the last 24 hours (1 day).

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The highest historical cryptocurrency value.

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The lowest historical cryptocurrency value.

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Market Capitalization is the overall value of all coins/tokens that have been mined or issued until now and are in circulation (not locked). It's similar to the stock markets' Free-Float Capitalization.

Market Capitalization = Circulating Supply x Current Price.

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Market Capitalization is the overall value of all coins/tokens that have been mined or issued until now and are in circulation (not locked). It's similar to the stock markets' Free-Float Capitalization.

Market Capitalization = Circulating Supply x Current Price.

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FDMC is the Market Cap if the Maximum Supply of a coin/token was entirely in circulation.

FDMC = Max Supply x Current Price.

Note: if Maximum Supply is not available or limitless, Total Supply is used to calculate the value. FDMC will be undefined and marked as "--" if no form of Supply is available.

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FDMC is the Market Cap if the Maximum Supply of a coin/token was entirely in circulation.

FDMC = Max Supply x Current Price.

Note: if Maximum Supply is not available or limitless, Total Supply is used to calculate the value. FDMC will be undefined and marked as "--" if no form of Supply is available.

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It is a quantitative metric calculating how many individual units of specific cryptocurrency coins/tokens were traded (bought & sold) within the last 24 hours. It's a direct cryptocurrency's supply & demand indicator, and is purely related to its market price.

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It is a quantitative metric calculating how many individual units of specific cryptocurrency coins/tokens were traded (bought & sold) within the last 24 hours. It's a direct cryptocurrency's supply & demand indicator, and is purely related to its market price.

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The current cryptocurrency Market Capitalization Dominance among all other cryptocurrencies in the market.

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The ratio of Volume and Market Capitalization values.

The ratio of Volume and Market Capitalization values.

Publicly circulating amount of specific cryptocurrency coins/tokens that were mined or issued to date, and are not locked/staked (are available to be traded publicly).

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Verified Data

Ergo project's Circulating Supply has been verified and is equal to:

Circulating Supply

75,915,849 ERG

The absolute theoretical maximum number of coins/tokens that is coded and will ever exist in the cryptocurrency's lifetime. Similar to stock market's Fully Diluted Shares.

Note: Max Supply will be undefined and marked as "--" if project owners did not verify / provide any data.

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The quantity of all coins/tokens that have ever been issued (even if the coins are locked), minus all coins/tokens that have been removed from circulation (burned). The Total Supply is similar to stock market's Outstanding Shares.

Total Supply = All Issued Coins - Burned Coins.

Note: Total Supply will be undefined and marked as "--" if project owners did not verify / provide any data.

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