Ethereum Name Service (ENS) One Day Volume Reaches $31.33 Million

Ethereum Name Service (ENS) traded up 8% against the U.S. dollar during the one day period ending at 23:00 PM ET on April 19th. One Ethereum Name Service token can currently be purchased for approximately $13.95 or 0.00021805 BTC on exchanges. Ethereum Name Service has a market cap of $434.91 million and approximately $31.33 million worth of Ethereum Name Service was traded on exchanges in the last day. In the last week, Ethereum Name Service has traded 4.5% lower against the U.S. dollar.

About Ethereum Name Service

Ethereum Name Service is a Proof-of-Work token that uses the Ethash hashing algorithm. Its genesis date was 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 website for Ethereum Name Service is ens.domains. 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.

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 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, Changelly 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