Ethereum Name Service 24 Hour Trading Volume Hits $50.26 Million (ENS)

Ethereum Name Service (ENS) traded up 0.3% against the dollar during the 24-hour period ending at 8:00 AM Eastern on March 29th. Ethereum Name Service has a total market cap of $685.84 million and $50.26 million worth of Ethereum Name Service was traded on exchanges in the last 24 hours. During the last week, Ethereum Name Service has traded up 5% against the dollar. One Ethereum Name Service token can currently be purchased for approximately $22.20 or 0.00031689 BTC on major exchanges.

About Ethereum Name Service

Ethereum Name Service (CRYPTO:ENS) 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 30,888,724 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. The official website for Ethereum Name Service 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.”

Buying and Selling Ethereum Name Service

It is usually not 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 Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Coinbase, Gemini or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Ethereum Name Service using one of the aforementioned exchanges.

ENS/USD price chart by TradingView