Ethereum Name Service (ENS) Hits Market Capitalization of $419.10 Million

Ethereum Name Service (ENS) traded 0.1% higher against the U.S. dollar during the 1 day period ending at 15:00 PM Eastern on April 18th. Ethereum Name Service has a market cap of $419.10 million and $28.65 million worth of Ethereum Name Service was traded on exchanges in the last 24 hours. One Ethereum Name Service token can currently be purchased for $13.44 or 0.00021266 BTC on popular cryptocurrency exchanges. During the last week, Ethereum Name Service has traded 32.2% lower against the U.S. dollar.

Ethereum Name Service Profile

Ethereum Name Service (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. The official message board for Ethereum Name Service is ens.mirror.xyz. Ethereum Name Service’s official Twitter account is @ensdomains and its Facebook page is accessible here. 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 currently possible to purchase alternative cryptocurrencies such as Ethereum Name Service directly using U.S. dollars. Investors seeking to acquire Ethereum Name Service should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Gemini, Coinbase 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