Ethereum Name Service 24 Hour Volume Hits $91.97 Million (ENS)

Ethereum Name Service (ENS) traded 3.9% higher against the U.S. dollar during the 24-hour period ending at 21:00 PM Eastern on June 16th. Ethereum Name Service has a total market capitalization of $755.15 million and approximately $91.97 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 up 16.1% against the U.S. dollar. One Ethereum Name Service token can now be purchased for approximately $23.96 or 0.00036118 BTC on exchanges.

Ethereum Name Service Profile

ENS 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 31,523,212 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, “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.”

Buying and Selling Ethereum Name Service

It is usually not possible to buy alternative cryptocurrencies such as Ethereum Name Service directly using US dollars. Investors seeking to acquire Ethereum Name Service should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Coinbase, Gemini or GDAX. 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