About Ergo
Market Stats
Market Cap
$86,195,113.61
FDV
$105,627,378.27
Circulating Supply
79,758,714 ERG
Max Supply
97,739,924 ERG
Total Supply
79,758,714 ERG
Hold Time
No data
Performance
Popularity
No data
Dominance
0%
Volume (24H)
$44,555.29
-0.53%
All time high
$23.35
Additional info about Ergo
Networks and details
The price of Ergo has decreased by 0.94% in the last hour and decreased by 2.45% in the past 24 hours. Ergo’s price has also fallen by 2.59% in the past week. The current price is $1.08 per ERG with a 24-hour trading volume of $44.56K. Currently, Ergo is valued at 95.37% below its all time high of $23.35. This all-time high was the highest price paid for Ergo since its launch.
The current circulating supply of Ergo is 79,758,714 ERG which means that Ergo has as total market cap of $86,195,113.61.
Price history
Today | $1.08 | ↘ 2.55% |
1 Day | $1.11 | ↘ 2.45% |
1 Week | $1.12 | ↘ 2.59% |
1 Month | $1.69 | ↘ 35.57% |
1 Year | $1.41 | ↘ 23.79% |
Market details
Performance against other markets | ↘ 53.45% |
Performance against BTC | ↘ 58.76% |
Performance against ETH | ↘ 16.41% |
Performance in the past year | ↘ 23.58% |
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 $86.20M. 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 $44.56K.
Assets that have a similar market cap to Ergo include Pixer Eternity, Steem, Coin98, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of Ergo is 80 million.
Social stats
Popularity in posts
#1187
Contributors
0
Posts
0
% About Ergo
0%
Hold times
0 days
X (Twitter)
27.27% bullish
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.
Highlights
0 unique individuals are talking about Ergo and it is ranked #1,187 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 0 out of 5. Finally, Ergo is becoming more newsworthy, with 0 news articles published about Ergo. This is a 0% increase in news volume compared to yesterday.
On Twitter, people are mostly neutral about Ergo. There were 27.27% of tweets with bullish sentiment compared to 6.06% of tweets with a bearish sentiment about Ergo. 66.67% of tweets were neutral about Ergo. These sentiments are based on 318 tweets.
On Reddit, Ergo was mentioned in 0 Reddit posts and there were 0 comments about Ergo. On average, there were more upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.
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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.