Ethereum Name Service Tops 24 Hour Volume of $51.08 Million (ENS)

Ethereum Name Service (ENS) traded down 0.1% against the US dollar during the one day period ending at 9:00 AM ET on March 2nd. One Ethereum Name Service token can now be purchased for about $20.85 or 0.00024500 BTC on cryptocurrency exchanges. Over the last seven days, Ethereum Name Service has traded down 24.3% against the US dollar. Ethereum Name Service has a market capitalization of $742.10 million and $51.08 million worth of Ethereum Name Service was traded on exchanges in the last 24 hours.

Ethereum Name Service Profile

Ethereum Name Service is a Proof-of-Work token that uses the Ethash hashing algorithm. It was first traded on August 11th, 2021. Ethereum Name Service’s total supply is 100,000,000 tokens and its circulating supply is 35,585,259 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. Ethereum Name Service’s official website is ens.domains.

According to CryptoCompare, “The Ethereum Name Service (ENS) is a decentralised naming system built on the Ethereum blockchain, designed to map human-readable names to machine-readable identifiers. It simplifies the user experience by replacing complex Ethereum addresses with easy-to-remember names, supporting address mapping, content hashes, metadata storage, and cross-platform usability. ENS was created by Nick Johnson and Alex Van de Sande under the Ethereum Foundation and launched in May 2017.”

Ethereum Name Service Token Trading

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

ENS/USD price chart by TradingView