Ethereum Name Service (ENS) 24 Hour Volume Reaches $42.02 Million

Ethereum Name Service (ENS) traded up 4.7% against the US dollar during the one day period ending at 9:00 AM Eastern on October 11th. Ethereum Name Service has a total market capitalization of $559.64 million and approximately $42.02 million worth of Ethereum Name Service was traded on exchanges in the last day. One Ethereum Name Service token can currently be purchased for $16.88 or 0.00027397 BTC on major exchanges. In the last week, Ethereum Name Service has traded 0.8% higher against the US dollar.

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 33,158,130 tokens. Ethereum Name Service’s official Twitter account is @ensdomains and its Facebook page is accessible here. The official message board for Ethereum Name Service is ens.mirror.xyz. Ethereum Name Service’s official website 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.”

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 trade Ethereum Name Service should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Gemini, Changelly or GDAX. 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