Ethereum Name Service Price Up 1.9% Over Last 7 Days (ENS)

Ethereum Name Service (ENS) traded 3.5% higher against the US dollar during the 24 hour period ending at 11:00 AM Eastern on June 28th. During the last week, Ethereum Name Service has traded up 1.9% against the US dollar. One Ethereum Name Service token can now be bought for approximately $27.00 or 0.00044353 BTC on cryptocurrency exchanges. Ethereum Name Service has a total market cap of $853.63 million and $210.68 million worth of Ethereum Name Service was traded on exchanges in the last day.

Ethereum Name Service Profile

Ethereum Name Service (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 31,615,253 tokens. The official website for Ethereum Name Service is ens.domains. 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.

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 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 Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Gemini, Coinbase or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Ethereum Name Service using one of the aforementioned exchanges.

ENS/USD price chart by TradingView