Ethereum Name Service (ENS) Price Up 5.4% Over Last 7 Days

Ethereum Name Service (ENS) traded down 0.2% against the US dollar during the one day period ending at 23:00 PM ET on February 12th. One Ethereum Name Service token can now be bought for $21.84 or 0.00043849 BTC on major exchanges. During the last seven days, Ethereum Name Service has traded 5.4% higher against the US dollar. Ethereum Name Service has a market cap of $672.66 million and $112.23 million worth of Ethereum Name Service was traded on exchanges in the last day.

Ethereum Name Service Token Profile

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 30,794,526 tokens. Ethereum Name Service’s official Twitter account is @ensdomains and its Facebook page is accessible here. Ethereum Name Service’s official message board is ens.mirror.xyz. The official website for Ethereum Name Service is ens.domains.

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 presently possible to buy alternative cryptocurrencies such as Ethereum Name Service directly using US dollars. Investors seeking to trade Ethereum Name Service should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Gemini, Coinbase or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Ethereum Name Service using one of the aforementioned exchanges.

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