Ethereum Name Service Reaches One Day Volume of $41.23 Million (ENS)

Ethereum Name Service (ENS) traded 7% lower against the dollar during the 1-day period ending at 8:00 AM ET on April 16th. Ethereum Name Service has a market capitalization of $419.02 million and approximately $41.23 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 approximately $13.44 or 0.00021272 BTC on major exchanges. In the last seven days, Ethereum Name Service has traded 36% lower against the dollar.

Ethereum Name Service Profile

Ethereum Name Service is a Proof-of-Work token that uses the Ethash hashing algorithm. It was first traded 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 website 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.”

Ethereum Name Service Token Trading

It is usually not presently possible to buy alternative cryptocurrencies such as Ethereum Name Service directly using U.S. dollars. Investors seeking to trade Ethereum Name Service should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Changelly, GDAX 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