About Ergo
Ergo (ERG) is a cryptocurrency launched in 2019. Users are able to generate ERG through the process of mining. Ergo has a current supply of 81,513,348. The last known price of Ergo is 1.00203934 USD and is down -4.46 over the last 24 hours. It is currently trading on 26 active market(s) with $249,186.53 traded over the last 24 hours.
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Trading Insights
Searched
40
Market Stats
Market Cap
$78.21M
FDV
$93.75M
Circ. Supply
82M ERG
Max Supply
98M ERG
Total Supply
82M ERG
Performance
Popularity
Not enough data
Dominance
0%
Volume (24H)
$254.36K
-24.98%
Volume (7D)
$2.19M
Volume (30D)
$9.92M
All time high
$23.35
Price Change (1Y)
22.07%
Additional details
Market details
ERG vs markets
↘ 26%
ERG vs BTC
↘ 32.59%
ERG vs ETH
↗ 2.39%
Tags
mineable
pow
platform
defi
+4
Network & Addresses
Network | Address |
|---|
Price history
Time | Price | Change |
|---|---|---|
Today | $0.96 | ↘ 2.01% |
1 Day | $0.98 | ↘ 2.01% |
1 Week | $1.07 | ↘ 10.09% |
1 Month | $0.90 | ↗ 6.95% |
1 Year | $0.79 | ↗ 22.07% |
Coinbase insights
Recent trends
The latest ERG price is $0.96. Compared to Ergo's value of $0.98 from 24 hours ago, there's been a -2% decrease, while the current price is -10% down from $1.07 which was recorded one week ago. Ergo's all time high is $23.35, which was reached on January 22, 2018. This is a -96% change from its price today.
The current circulating supply of Ergo is 81,535,884. This is 83% of its max supply of 97,739,924 ERG and 100% of its total supply of 81,535,884. The market cap is currently $78.21M, which is a result of multiplying the current price of Ergo($0.96) by the total supply(81,535,884 ERG). The fully diluted valuation of Ergo is $93.75M. The diluted valuation of Ergo is $93.75M.
FAQ
Ergo (ERG) is a next-generation Proof of Work smart-contract platform that strives to provide an efficient and easy way to implement contracts. It is designed with the intention of being useful and sustainable in the long term. Ergo is a self-amendable protocol, which means it can absorb new ideas and improve itself in a decentralized manner. It is underpinned by a safe and rich scripting language built with flexible and powerful Zero-Knowledge proofs (Σ-protocols). Ergo's design and implementation are the result of work by developers and researchers with backgrounds in cryptography, compiler theory, blockchain technology, and cryptographic e-cash.
Ergo operates on a Proof of Work consensus model, which allows for a fair start and a high degree of decentralization. It uses the extended-UTXO model, which implies UTXOs with the ability to contain arbitrary data and sophisticated scripts. Ergo extends Bitcoin's way of writing contracts by attaching a guard script (together with additional custom data) to every coin. This approach aims to allow the implementation of efficient contracts of arbitrary complexity. Ergo also uses Sigma Protocols (Σ-protocols), a form of a Zero-Knowledge proof system, which aims to enable peer-to-peer interaction with privacy in mind.
Ergo seeks to enable new models of interaction. It aims to provide support for real-world agreements through a simple high-level language, ErgoScript, with support for formal verification of contracts. Ergo also allows for easy Oracle creation, enabling robust decentralized networks of oracles organized into a trust hierarchy within a pool. This aims to reduce the risks of exploits and manipulation. Ergo's Sigma Protocols strive to provide optional privacy on the peer-to-peer level and DeFi. Ergo also supports Multi-Stage contracts that operate on a stateful level.
Ergo was built to be a network that supports permissionless, composable contracts. The initial design and test net process started in 2016, with the mainnet launching on July 1st, 2019. Ergo was designed and implemented by developers and researchers who have a solid background in core development with cryptocurrencies and blockchain frameworks. There were no private sales, premine, or initial coin offering. The Ergo Foundation, a community-driven entity, focuses on promoting the development and widespread adoption of the Ergo Platform protocol.
We update our Ergo to USD currency in real-time. Get the live price of Ergo on Coinbase.
The current market cap of Ergo is $78.21M. A high market cap implies that the asset is highly valued by the market.
The all-time high of Ergo is $23.35. This all-time high is highest price paid for Ergo since it was launched.
Over the last 24 hours, the trading volume of Ergo is $254.36K.
Assets that have a similar market cap to Ergo include Arcblock, Merlin Chain, MiL.k, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of Ergo is 82 million.
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Terms apply. Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
Ergo news
Social stats
Popularity in posts
#1249
Contributors
132
Posts
327
% About Ergo
0.023%
Hold times
0 days
X (Twitter)
20.89% bullish
Sentiment
4.1 ★
Highlights
132 unique individuals are talking about Ergo and it is ranked #1,249 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Ergo has an average sentiment score of 82 out of 5. Finally, Ergo is becoming less newsworthy, with 0 news articles published about Ergo.
On Twitter, people are mostly neutral about Ergo. There were 23.93% of tweets with bullish sentiment compared to 14.58% of tweets with a bearish sentiment about Ergo. 76.07% of tweets were neutral about Ergo. These sentiments are based on 309 tweets.
On Reddit, Ergo was mentioned in 4 Reddit posts and there were 3 comments about Ergo. On average, there were less upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.
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Legal
Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset.
Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.