Ethereum Name Service Trading 6.4% Higher Over Last Week (ENS)

Ethereum Name Service (ENS) traded 1% higher against the dollar during the 24 hour period ending at 17:00 PM Eastern on September 19th. Ethereum Name Service has a market cap of $226.44 million and $5.47 million worth of Ethereum Name Service was traded on exchanges in the last day. One Ethereum Name Service token can now be bought for about $7.62 or 0.00028139 BTC on popular cryptocurrency exchanges. During the last week, Ethereum Name Service has traded 6.4% higher against the dollar.

About 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 29,698,075 tokens. The official message board for Ethereum Name Service is ens.mirror.xyz. The official website for Ethereum Name Service is ens.domains. 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 currently 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 Coinbase, Changelly or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Ethereum Name Service using one of the exchanges listed above.

ENS/USD price chart by TradingView