Ergo ERG

Where ERG sits in the market

Ergo sits at #803, inside the upper small-cap band. Depth here is shallow enough that one large order walks the book several percent and the print mean-reverts within the same session — which is why a single fixed price level is a fragile trigger, and a condition that tolerates one wick is the more useful construction. Listings are concentrated across a small number of venues, so volume-driven delisting is an active risk here rather than a hypothetical one.

CryptoPingAi is currently streaming 1 live ERG order book (Gate.io). That is thinner coverage than a #803 ranking would normally imply — a move on one of these books is close to the whole market for ERG, with no deep second venue to arbitrage it back. None of the books we see for ERG are regulated US or Korean venues, so this is an offshore-quoted asset — availability, and the price itself, depend on which jurisdiction you trade from.

ERG against its all-time high

ERG is down more than 95% from its $18.72 peak (on 2021-09-03), leaving a 67.1x gap to reclaim. A drawdown this deep strips the record of analytical use: the supply structure, the holder base and usually the market cycle behind that print no longer exist. For ERG the informative reference is the downside, which makes the range section below more relevant than this one. It was set 5 years ago. A reference that old says more about the cycle it belongs to than about the asset as it trades now.

ERG across its historical range

ERG has traded across a 199x range, between $0.0942 and $18.72. Any volatility figure quoted for this asset depends heavily on which part of that range it is measured over.

ERG trades roughly 2.96x above its record low of $0.0942 (on 2020-03-13). Recovery from the bottom has been limited, which means the low is still close enough to function as a real reference level rather than a historical footnote.

ERG supply and valuation data

Ergo sits just outside the band where circulating and total supply are independently verified, so we hold a valuation figure for ERG but not an audited token count. What we do have is a fully diluted valuation of $31.0 million as of 2026-05-12. That is in the upper quartile of tracked assets by fully diluted value.

That valuation is a point-in-time snapshot, not a live figure, so we deliberately avoid dividing it back into a token count — the price has moved since, and the arithmetic would yield a precise-looking supply number that is simply wrong. Read the current supply from the project's own explorer before relying on any per-token valuation.

What kind of asset ERG is

Ergo is a layer-2 or scaling asset, which means its economics are downstream of a base chain. Fee revenue depends on how much activity migrates to it, and the competitive set is crowded — several rollups compete for the same transactions with near-identical technical claims. Sequencer decentralisation and the fee split with the settlement layer are the structural questions.

CoinGecko files ERG under 5 categories, including Layer 1 (L1), Zero Knowledge (ZK), Proof of Work (PoW), Privacy Blockchain. ERG is mined rather than staked — one of only 130 proof-of-work assets in a dataset of almost ten thousand — which means issuance is tied to physical energy cost and miners have a structural, schedule-driven reason to sell.

How to set a Ergo alert that is worth receiving

Ergo (ERG) — quoted on 1 venue we stream — high dated 2021-09-03 — rank #803. On this profile the condition that carries signal is thresholds anchored to the recent range rather than to the all-time high.

Full alert-design method: thresholds, RSI/MACD and volume conditions →