Ergo (ERG) Dips 11.54% Within A Month: Why Is It Plummeting?

Ergo price today is $15.61 USD with a 24-hour trading volume of $8,531,576 USD. We update our ERG to USD price in real-time. Ergo is up 13.64% in the last 24 hours. The current Coin Market Cap ranking is #122, with a live market cap of $499,757,401 USD. It has a circulating supply of 32,012,428 ERG coins and a max. supply of 97,739,924 ERG coins. ERG is a proprietary token of a decentralized platform for executing Ergo Platform financial contracts based on the POW blockchain.

Ethermine, the second-largest hash rate-based Ethereum mining pool, announced via its official Twitter account the launch of the Ergo mining pool (ERG), a mining-compatible coin with Ethereum, ranked 132nd by market capitalization. Ergo Platform (ERG) is positioned by developers as a “reliable platform for contractual money”. Blockchain is designed as a platform for applications whose main task is to provide an effective, secure and easy way to execute financial contracts. According to Messari, the fact that 95.57% of ERG coins are available for mining, and only 4.43% are reserved for the team and founders, speaks in favour of Ergo (ERG).

Lora Nilsson

Finance and Business reporterAfter graduating high school. Lora decided to travel and blog as a part-timer. Today she enjoys what she loves and works remotely as our finance and business reporter