Ethereum Name Service (ENS) Trading Down 39.4% This Week

Ethereum Name Service (ENS) traded down 2.9% against the US dollar during the twenty-four hour period ending at 20:00 PM E.T. on April 15th. One Ethereum Name Service token can now be bought for approximately $13.54 or 0.00021260 BTC on exchanges. Ethereum Name Service has a market capitalization of $422.10 million and $48.22 million worth of Ethereum Name Service was traded on exchanges in the last 24 hours. In the last seven days, Ethereum Name Service has traded down 39.4% against the US dollar.

Ethereum Name Service 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 31,179,102 tokens. Ethereum Name Service’s official Twitter account is @ensdomains and its Facebook page is accessible here. The official message board for Ethereum Name Service 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.”

Ethereum Name Service Token Trading

It is usually not possible to buy alternative cryptocurrencies such as Ethereum Name Service directly using U.S. dollars. Investors seeking to trade Ethereum Name Service should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Gemini, GDAX or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Ethereum Name Service using one of the exchanges listed above.

ENS/USD price chart by TradingView