Ethereum Name Service 1-Day Volume Reaches $46.70 Million (ENS)

Ethereum Name Service (ENS) traded down 7.9% against the dollar during the twenty-four hour period ending at 8:00 AM Eastern on April 2nd. One Ethereum Name Service token can now be purchased for approximately $19.21 or 0.00029275 BTC on major exchanges. Ethereum Name Service has a market capitalization of $593.22 million and $46.70 million worth of Ethereum Name Service was traded on exchanges in the last 24 hours. Over the last week, Ethereum Name Service has traded 16.2% 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. It was first traded on August 11th, 2021. Ethereum Name Service’s total supply is 100,000,000 tokens and its circulating supply is 30,888,514 tokens. Ethereum Name Service’s official message board is ens.mirror.xyz. Ethereum Name Service’s official Twitter account is @ensdomains and its Facebook page is accessible here. 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 buy alternative cryptocurrencies such as Ethereum Name Service directly using U.S. dollars. Investors seeking to acquire Ethereum Name Service should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as GDAX, Changelly or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Ethereum Name Service using one of the exchanges listed above.

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