Ethereum Name Service Hits 24 Hour Trading Volume of $28.21 Million (ENS)

Ethereum Name Service (ENS) traded 3.7% lower against the US dollar during the one day period ending at 22:00 PM E.T. on April 18th. One Ethereum Name Service token can currently be purchased for about $12.83 or 0.00020969 BTC on popular exchanges. Ethereum Name Service has a market cap of $399.89 million and approximately $28.21 million worth of Ethereum Name Service was traded on exchanges in the last 24 hours. During the last week, Ethereum Name Service has traded down 35.3% against the US dollar.

About Ethereum Name Service

Ethereum Name Service (CRYPTO:ENS) is a Proof-of-Work token that uses the Ethash hashing algorithm. It launched on August 11th, 2021. Ethereum Name Service’s total supply is 100,000,000 tokens and its circulating supply is 31,179,102 tokens. The official message board for Ethereum Name Service 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, “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 possible to purchase alternative cryptocurrencies such as Ethereum Name Service directly using US dollars. Investors seeking to acquire Ethereum Name Service should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Coinbase, Gemini 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