Ethereum Name Service (ENS) Price Down 6.6% Over Last 7 Days

Ethereum Name Service (ENS) traded 10% higher against the dollar during the 1 day period ending at 23:00 PM E.T. on November 5th. Ethereum Name Service has a market capitalization of $555.76 million and approximately $65.66 million worth of Ethereum Name Service was traded on exchanges in the last day. One Ethereum Name Service token can currently be purchased for about $16.56 or 0.00022280 BTC on popular exchanges. During the last week, Ethereum Name Service has traded down 6.6% against the dollar.

About Ethereum Name Service

ENS is a Proof-of-Work token that uses the Ethash hashing algorithm. Its genesis date was August 11th, 2021. Ethereum Name Service’s total supply is 100,000,000 tokens and its circulating supply is 33,565,590 tokens. 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. The official website for Ethereum Name Service is ens.domains.

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 US dollars. Investors seeking to acquire Ethereum Name Service should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Coinbase, Gemini or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Ethereum Name Service using one of the exchanges listed above.

ENS/USD price chart by TradingView