Ethereum Name Service Price Hits $17.39 on Top Exchanges (ENS)

Ethereum Name Service (ENS) traded up 6.8% against the dollar during the twenty-four hour period ending at 17:00 PM Eastern on October 29th. Ethereum Name Service has a market capitalization of $576.84 million and $60.15 million worth of Ethereum Name Service was traded on exchanges in the last 24 hours. During the last week, Ethereum Name Service has traded 2.5% lower against the dollar. One Ethereum Name Service token can now be bought for approximately $17.39 or 0.00024010 BTC on popular cryptocurrency exchanges.

Ethereum Name Service Token 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 33,166,064 tokens. Ethereum Name Service’s official message board is ens.mirror.xyz. Ethereum Name Service’s official website is ens.domains. 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.”

Ethereum Name Service Token Trading

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 Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as GDAX, Coinbase or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Ethereum Name Service using one of the aforementioned exchanges.

ENS/USD price chart by TradingView