Ethereum Name Service (ENS) Price Tops $22.60 on Top Exchanges

Ethereum Name Service (ENS) traded down 11.1% against the dollar during the 24 hour period ending at 20:00 PM ET on July 4th. In the last week, Ethereum Name Service has traded 16.5% lower against the dollar. Ethereum Name Service has a market cap of $715.13 million and $327.00 million worth of Ethereum Name Service was traded on exchanges in the last 24 hours. One Ethereum Name Service token can now be bought for about $22.60 or 0.00039556 BTC on popular exchanges.

Ethereum Name Service Profile

Ethereum Name Service (CRYPTO: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 31,649,117 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, “The Ethereum Name Service (ENS) is a decentralised naming system built on the Ethereum blockchain, designed to map human-readable names to machine-readable identifiers. It simplifies the user experience by replacing complex Ethereum addresses with easy-to-remember names, supporting address mapping, content hashes, metadata storage, and cross-platform usability. ENS was created by Nick Johnson and Alex Van de Sande under the Ethereum Foundation and launched in May 2017.”

Buying and Selling Ethereum Name Service

It is usually not currently possible to purchase alternative cryptocurrencies such as Ethereum Name Service directly using US dollars. Investors seeking to trade Ethereum Name Service should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Gemini, Coinbase or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Ethereum Name Service using one of the exchanges listed above.

ENS/USD price chart by TradingView