Ethereum Name Service (ENS) Price Reaches $26.45

Ethereum Name Service (ENS) traded up 13.2% against the dollar during the 1-day period ending at 21:00 PM E.T. on May 26th. One Ethereum Name Service token can currently be purchased for $26.45 or 0.00038227 BTC on major exchanges. During the last week, Ethereum Name Service has traded up 86.1% against the dollar. Ethereum Name Service has a market cap of $832.51 million and approximately $308.88 million worth of Ethereum Name Service was traded on exchanges in the last 24 hours.

Ethereum Name Service Token Profile

Ethereum Name Service (CRYPTO:ENS) 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 31,476,241 tokens. Ethereum Name Service’s official message board is ens.mirror.xyz. Ethereum Name Service’s official Twitter account is @ensdomains and its Facebook page is accessible here. The official website for Ethereum Name Service 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.”

Buying and Selling Ethereum Name Service

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

ENS/USD price chart by TradingView