Ethereum Name Service Trading 18.2% Higher Over Last 7 Days (ENS)

Ethereum Name Service (ENS) traded up 2.7% against the U.S. dollar during the 1-day period ending at 9:00 AM E.T. on April 23rd. One Ethereum Name Service token can currently be purchased for approximately $15.68 or 0.00023722 BTC on popular cryptocurrency exchanges. Ethereum Name Service has a total market cap of $488.91 million and approximately $40.48 million worth of Ethereum Name Service was traded on exchanges in the last day. Over the last week, Ethereum Name Service has traded up 18.2% against the U.S. dollar.

Ethereum Name Service Profile

Ethereum Name Service (ENS) is a Proof-of-Work token that uses the Ethash hashing algorithm. It launched on August 11th, 2021. Ethereum Name Service’s total supply is 100,000,000 tokens and its circulating supply is 31,179,102 tokens. The official website for Ethereum Name Service is ens.domains. Ethereum Name Service’s official message board is ens.mirror.xyz. Ethereum Name Service’s official Twitter account is @ensdomains and its Facebook page is accessible here.

According to CryptoCompare, “Ethereum Name Service (ENS) is a distributed, open, and extensible naming system based on the Ethereum blockchain created by the Ethereum Foundation and developed with the help of a community of developers. It is used to create human-readable names for Ethereum addresses to identify counter-parties and transfer funds quickly, securely and without the need for long addresses.”

Buying and Selling Ethereum Name Service

It is usually not currently possible to purchase alternative cryptocurrencies such as Ethereum Name Service directly using US dollars. Investors seeking to acquire Ethereum Name Service should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Changelly, Gemini or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Ethereum Name Service using one of the aforementioned exchanges.

ENS/USD price chart by TradingView