Ethereum Name Service Price Reaches $14.70 on Major Exchanges (ENS)

Ethereum Name Service (ENS) traded 26% lower against the dollar during the 24 hour period ending at 0:00 AM E.T. on April 12th. One Ethereum Name Service token can currently be bought for $14.70 or 0.00021871 BTC on exchanges. Over the last week, Ethereum Name Service has traded down 24.6% against the dollar. Ethereum Name Service has a total market capitalization of $458.21 million and approximately $97.05 million worth of Ethereum Name Service was traded on exchanges in the last day.

About Ethereum Name Service

Ethereum Name Service (CRYPTO: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 31,178,491 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 buy alternative cryptocurrencies such as Ethereum Name Service directly using U.S. dollars. Investors seeking to trade Ethereum Name Service should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as GDAX, Gemini or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Ethereum Name Service using one of the aforementioned exchanges.

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