Ethereum Name Service Price Hits $17.38 on Top Exchanges (ENS)

Ethereum Name Service (ENS) traded down 3.7% against the US dollar during the one day period ending at 7:00 AM ET on October 31st. During the last week, Ethereum Name Service has traded up 0.3% against the US dollar. Ethereum Name Service has a total market cap of $576.28 million and $101.46 million worth of Ethereum Name Service was traded on exchanges in the last 24 hours. One Ethereum Name Service token can currently be purchased for about $17.38 or 0.00024029 BTC on cryptocurrency exchanges.

Ethereum Name Service Profile

Ethereum Name Service 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 33,166,683 tokens. The official website for Ethereum Name Service is ens.domains. 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.

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 Changelly, Gemini or Coinbase. 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