Ethereum Name Service Price Tops $25.89 on Top Exchanges (ENS)

Ethereum Name Service (ENS) traded down 4.6% against the U.S. dollar during the one day period ending at 10:00 AM ET on June 30th. In the last week, Ethereum Name Service has traded 7.2% higher against the U.S. dollar. One Ethereum Name Service token can now be bought for about $25.89 or 0.00042030 BTC on exchanges. Ethereum Name Service has a total market capitalization of $818.60 million and $138.83 million worth of Ethereum Name Service was traded on exchanges in the last 24 hours.

About Ethereum Name Service

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 31,615,430 tokens. 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. The official message board for Ethereum Name Service is ens.mirror.xyz.

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.”

Buying and Selling Ethereum Name Service

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 Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as GDAX, Gemini or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Ethereum Name Service using one of the exchanges listed above.

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