Ethereum Name Service (ENS) Trading Down 4.2% This Week

Ethereum Name Service (ENS) traded down 8.9% against the US dollar during the 1 day period ending at 23:00 PM Eastern on April 30th. Ethereum Name Service has a total market capitalization of $460.81 million and approximately $36.80 million worth of Ethereum Name Service was traded on exchanges in the last day. One Ethereum Name Service token can now be bought for approximately $14.78 or 0.00024631 BTC on major exchanges. During the last seven days, Ethereum Name Service has traded down 4.2% against the US dollar.

Ethereum Name Service Token Profile

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 31,180,478 tokens. The official message board for Ethereum Name Service 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, “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 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, Coinbase or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Ethereum Name Service using one of the aforementioned exchanges.

ENS/USD price chart by TradingView