Ethereum Name Service Achieves Market Capitalization of $415.00 Million (ENS)

Ethereum Name Service (ENS) traded down 2.6% against the dollar during the 24-hour period ending at 21:00 PM ET on April 16th. One Ethereum Name Service token can currently be purchased for approximately $13.31 or 0.00020810 BTC on popular cryptocurrency exchanges. Ethereum Name Service has a market cap of $415.00 million and $30.52 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 33.6% lower against the dollar.

Ethereum Name Service Token Profile

Ethereum Name Service 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. Ethereum Name Service’s official message board is ens.mirror.xyz. Ethereum Name Service’s official website is ens.domains. 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 Ethereum or Bitcoin using an exchange that deals in US dollars such as Gemini, Changelly or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Ethereum Name Service using one of the exchanges listed above.

ENS/USD price chart by TradingView