Ethereum Name Service Price Down 9.6% Over Last 7 Days (ENS)

Ethereum Name Service (ENS) traded 0.2% lower against the U.S. dollar during the 24-hour period ending at 9:00 AM ET on November 5th. During the last seven days, Ethereum Name Service has traded 9.6% lower against the U.S. dollar. Ethereum Name Service has a total market cap of $524.63 million and $66.70 million worth of Ethereum Name Service was traded on exchanges in the last 24 hours. One Ethereum Name Service token can now be bought for approximately $15.63 or 0.00022378 BTC on exchanges.

Ethereum Name Service Token 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 33,565,427 tokens. Ethereum Name Service’s official website 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.”

Ethereum Name Service Token Trading

It is usually not currently possible to buy alternative cryptocurrencies such as Ethereum Name Service directly using US dollars. Investors seeking to acquire Ethereum Name Service should first buy Bitcoin or Ethereum using an exchange that deals in US 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