Ethereum Name Service Achieves Market Cap of $488.36 Million (ENS)

Ethereum Name Service (ENS) traded 2.3% higher against the US dollar during the 24-hour period ending at 9:00 AM Eastern on April 23rd. Ethereum Name Service has a total market cap of $488.36 million and approximately $40.55 million worth of Ethereum Name Service was traded on exchanges in the last 24 hours. Over the last seven days, Ethereum Name Service has traded 17.8% higher against the US dollar. One Ethereum Name Service token can currently be bought for $15.66 or 0.00023688 BTC on popular cryptocurrency exchanges.

Ethereum Name Service Token Profile

Ethereum Name Service is a Proof-of-Work token that uses the Ethash hashing algorithm. Its genesis date was 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. The official message board for Ethereum Name Service 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 buy alternative cryptocurrencies such as Ethereum Name Service directly using US dollars. Investors seeking to trade Ethereum Name Service should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as GDAX, Changelly or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Ethereum Name Service using one of the exchanges listed above.

ENS/USD price chart by TradingView