AERGO sheds nearly 80% of value after rally on Upbit

Aergo (AERGO), a blockchain platform that provides hybrid blockchain solutions for enterprises, saw its token price plunge following a surge. According to data from South Korean crypto exchange Upbit, AERGO is now trading just below 200 won ($0.14), down roughly 79% from a peak of 950 won ($0.67) reached around 10:15 UTC on April 16.