Ethereum Name Service (ENS) Price Down 1.1% Over Last 7 Days

Ethereum Name Service (ENS) traded 15% higher against the U.S. dollar during the 24 hour period ending at 18:00 PM E.T. on November 6th. Ethereum Name Service has a total market capitalization of $610.27 million and approximately $114.08 million worth of Ethereum Name Service was traded on exchanges in the last day. In the last seven days, Ethereum Name Service has traded 1.1% lower against the U.S. dollar. One Ethereum Name Service token can now be purchased for approximately $17.89 or 0.00023640 BTC on popular cryptocurrency exchanges.

About 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 34,110,909 tokens. Ethereum Name Service’s official message board is ens.mirror.xyz. 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.

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 U.S. dollars. Investors seeking to trade Ethereum Name Service should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as GDAX, Gemini or Coinbase. 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