Ethereum Name Service Tops 24-Hour Trading Volume of $22.42 Million (ENS)

Ethereum Name Service (ENS) traded down 0.3% against the U.S. dollar during the 1-day period ending at 9:00 AM ET on May 9th. Over the last week, Ethereum Name Service has traded down 2.9% against the U.S. dollar. One Ethereum Name Service token can now be bought for approximately $14.20 or 0.00023114 BTC on exchanges. Ethereum Name Service has a market capitalization of $443.41 million and approximately $22.42 million worth of Ethereum Name Service was traded on exchanges in the last 24 hours.

Ethereum Name Service Token Profile

Ethereum Name Service (CRYPTO: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 31,234,891 tokens. Ethereum Name Service’s official Twitter account is @ensdomains and its Facebook page is accessible here. The official website for Ethereum Name Service is ens.domains. The official message board for Ethereum Name Service is ens.mirror.xyz.

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 acquire Ethereum Name Service should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Changelly, GDAX or Gemini. 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