Ethereum Name Service Trading 2.4% Higher Over Last Week (ENS)

Ethereum Name Service (ENS) traded down 3.8% against the dollar during the one day period ending at 19:00 PM Eastern on September 15th. Ethereum Name Service has a market capitalization of $556.85 million and $41.21 million worth of Ethereum Name Service was traded on exchanges in the last day. During the last seven days, Ethereum Name Service has traded up 2.4% against the dollar. One Ethereum Name Service token can now be bought for about $16.84 or 0.00028331 BTC on popular exchanges.

About Ethereum Name Service

Ethereum Name Service (CRYPTO:ENS) 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 33,062,603 tokens. Ethereum Name Service’s official website is ens.domains. Ethereum Name Service’s official Twitter account is @ensdomains and its Facebook page is accessible here. Ethereum Name Service’s official message board 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 US dollars. Investors seeking to trade Ethereum Name Service should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as GDAX, Changelly or Gemini. 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