Ethereum Name Service Price Up 0.1% Over Last Week (ENS)

Ethereum Name Service (ENS) traded up 0.9% against the U.S. dollar during the 1 day period ending at 15:00 PM Eastern on May 4th. Over the last week, Ethereum Name Service has traded 0.1% higher against the U.S. dollar. Ethereum Name Service has a total market capitalization of $486.56 million and $20.30 million worth of Ethereum Name Service was traded on exchanges in the last 24 hours. One Ethereum Name Service token can now be purchased for $15.60 or 0.00024507 BTC on cryptocurrency exchanges.

About Ethereum Name Service

Ethereum Name Service (ENS) is a Proof-of-Work token that uses the Ethash hashing algorithm. Its launch date was August 11th, 2021. Ethereum Name Service’s total supply is 100,000,000 tokens and its circulating supply is 31,193,195 tokens. Ethereum Name Service’s official Twitter account is @ensdomains and its Facebook page is accessible here. Ethereum Name Service’s official message board is ens.mirror.xyz. Ethereum Name Service’s official website is ens.domains.

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 presently possible to purchase alternative cryptocurrencies such as Ethereum Name Service directly using U.S. dollars. Investors seeking to trade Ethereum Name Service should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Coinbase, Gemini or GDAX. 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