Ethereum Name Service Price Reaches $14.68 (ENS)

Ethereum Name Service (ENS) traded up 4.3% against the dollar during the twenty-four hour period ending at 8:00 AM ET on May 2nd. One Ethereum Name Service token can currently be bought for $14.68 or 0.00025067 BTC on popular cryptocurrency exchanges. Ethereum Name Service has a total market capitalization of $457.87 million and $32.08 million worth of Ethereum Name Service was traded on exchanges in the last 24 hours. During the last seven days, Ethereum Name Service has traded 2.2% higher against the dollar.

Ethereum Name Service Token Profile

ENS is a Proof-of-Work token that uses the Ethash hashing algorithm. It was first traded on August 11th, 2021. Ethereum Name Service’s total supply is 100,000,000 tokens and its circulating supply is 31,181,195 tokens. Ethereum Name Service’s official website 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.”

Ethereum Name Service Token Trading

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

ENS/USD price chart by TradingView