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Aergo

AERGO

Price
$0.11
12/3/2022, 4:02:41 PM
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Market

Market stats

Market cap

$46.6M

Volume (24h)

$2.3M

Circulating supply

408.5M AERGO

Typical hold time

7 days

Trading activity

Not enough data

Popularity

#135

All time high

$0.56

Price change (1h)

-0.36%

Price change (24h)

+0.49%

Price change (7d)

-1.82%

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Aergo is on the decline this week.

The price of Aergo has fallen by 1.82% in the past 7 days. The price increased by 0.49% in the last 24 hours. In just the past hour, the price shrunk by 0.36%. The current price is $0.11 per AERGO. Aergo is 79.75% below the all time high of $0.56.

The current circulating supply is 408,499,999.759 AERGO.

About

AERGO is an Ethereum token for the Aergo protocol, which aims to allow enterprises and developers to design, build, and deploy blockchain applications on public or private networks. AERGO tokens can be used for deploying smart contracts, staking, and for paying for other services on the Aergo platform.

What Is Aergo (AERGO)?

Aergo is an open-source blockchain platform for businesses. The network was built to improve business efficiency and create new opportunities for its users. As mentioned on its whitepaper, Aergo aims to provide secure and practical blockchain technologies to businesses, partners, and developers alike while leveraging the existing IT investments. 

The network also provides consulting and support services besides offering a user-friendly and enterprise-grade interface. The platform offers products that range from public to private blockchains as a single package. The package builds ease of integration, interoperability, and an array of services and tools created for meeting the demands of existing users. Thus, the Aergo platform was mainly developed for enterprise use cases, providing developers and enterprises with an infrastructure for hosting dapps based on the Aergo chain.

Private blockchains on the Aergo platform operate on a proof-of-authority (PoA) consensus concept. Proof-of-Authority is an identity-based consensus wherein users stake their reputation instead of tokens. On the other hand, the public blockchain network, Aergo mainnet, operates on Byzantine Fault-Tolerant delegated proof-of-stake architecture. Byzantine Fault-Tolerant is a mechanism enabling participation in consensus at a large scale via proxy voting. 

Further, users can utilize the Aergo platform for paying enterprise-positioned cloud providers to manage and vote on block creators. These providers include various enterprises such as large telecommunication companies that are hosting their private blockchains on dedicated nodes.

AERGO is the native utility token of the Aergo platform that is utilized as a medium of exchange within the ecosystem. AERGO token is used for DPoS consensus algorithm (Delegated Proof-of-stake), smart contracts, and as a method of payment for technical support, computing assets in the marketplace, hub services, etc. The token is based on ERC20, the standard token protocol of Ethereum.

History of Aergo (AERGO)

Aergo (AERGO) token was launched in November 2018 by a team of experienced and professional developers, including Phil Zamani, Hun Young Park, Won Kim, Allison Shim, Jane Lee, and other individual advisors in crypto.

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FAQ

What is the current price of Aergo?

The price of 1 Aergo currently costs $0.11.

What is the market cap of Aergo?

The current market cap of Aergo is $46.59M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Aergo?

The all-time high of Aergo is $0.56. This all-time high is highest price paid for Aergo since it was launched.

What is the 24 hour trading volume of Aergo?

Over the last 24 hours, the trading volume of Aergo is $2.32M.

What other assets are similar to Aergo?

Assets that have a similar market cap to Aergo include SingularityNET, Clash of Lilliput, Fetch.ai, and many others. To see a full list, see our comparable market cap assets.

How many Aergo are there?

The current circulating supply of Aergo is 408 million.

What is the typical holding time of Aergo?

The median time that Coinbase customers hold Aergo before selling it or sending it to another account or address is 7 days.

What is the relative popularity of Aergo?

Aergo ranks 191 among tradable assets on Coinbase. Popularity is currently based on relative market cap.