Ethereum Name Service One Day Trading Volume Hits $29.41 Million (ENS)

Ethereum Name Service (ENS) traded 3% lower against the dollar during the one day period ending at 13:00 PM Eastern on April 17th. One Ethereum Name Service token can currently be purchased for approximately $13.05 or 0.00021435 BTC on cryptocurrency exchanges. Ethereum Name Service has a total market cap of $406.80 million and $29.41 million worth of Ethereum Name Service was traded on exchanges in the last 24 hours. Over the last week, Ethereum Name Service has traded 35.8% lower against the dollar.

Ethereum Name Service Token Profile

Ethereum Name Service (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 31,179,102 tokens. Ethereum Name Service’s official Twitter account is @ensdomains and its Facebook page is accessible here. The official message board for Ethereum Name Service 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.”

Buying and Selling Ethereum Name Service

It is usually not currently 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 GDAX, Changelly 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