Ethereum Name Service (ENS) Market Cap Reaches $1.43 Billion

Ethereum Name Service (ENS) traded 5.9% higher against the US dollar during the 24-hour period ending at 9:00 AM E.T. on December 4th. One Ethereum Name Service token can now be bought for about $41.64 or 0.00043512 BTC on cryptocurrency exchanges. During the last seven days, Ethereum Name Service has traded up 62.6% against the US dollar. Ethereum Name Service has a total market capitalization of $1.43 billion and $1.38 billion worth of Ethereum Name Service was traded on exchanges in the last day.

Ethereum Name Service Profile

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 34,357,631 tokens. The official message board for Ethereum Name Service is ens.mirror.xyz. 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.

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 Ethereum or Bitcoin using an exchange that deals in US dollars such as Gemini, Changelly or Coinbase. 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