Ethereum Name Service Price Reaches $16.96 on Top Exchanges (ENS)

Ethereum Name Service (ENS) traded up 5.1% against the US dollar during the one day period ending at 23:00 PM E.T. on October 28th. Ethereum Name Service has a market capitalization of $562.64 million and $56.87 million worth of Ethereum Name Service was traded on exchanges in the last day. Over the last week, Ethereum Name Service has traded down 5.9% against the US dollar. One Ethereum Name Service token can currently be bought for $16.96 or 0.00023838 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. Its genesis date was August 11th, 2021. Ethereum Name Service’s total supply is 100,000,000 tokens and its circulating supply is 33,165,585 tokens. Ethereum Name Service’s official Twitter account is @ensdomains and its Facebook page is accessible here. Ethereum Name Service’s official website is ens.domains. 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.”

Ethereum Name Service Token Trading

It is usually not currently 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 Coinbase, GDAX or Changelly. 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