Ethereum Name Service One Day Trading Volume Hits $52.93 Million (ENS)

Ethereum Name Service (ENS) traded up 1.5% against the US dollar during the 24 hour period ending at 12:00 PM E.T. on March 28th. During the last week, Ethereum Name Service has traded 6.5% higher against the US dollar. Ethereum Name Service has a market capitalization of $686.81 million and $52.93 million worth of Ethereum Name Service was traded on exchanges in the last day. One Ethereum Name Service token can now be purchased for approximately $22.24 or 0.00031330 BTC on exchanges.

Ethereum Name Service Token Profile

Ethereum Name Service (ENS) is a Proof-of-Work token that uses the Ethash hashing algorithm. It launched on August 11th, 2021. Ethereum Name Service’s total supply is 100,000,000 tokens and its circulating supply is 30,888,724 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. Ethereum Name Service’s official website 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 presently possible to purchase alternative cryptocurrencies such as Ethereum Name Service directly using US dollars. Investors seeking to acquire Ethereum Name Service should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Changelly, GDAX or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Ethereum Name Service using one of the aforementioned exchanges.

ENS/USD price chart by TradingView