Ethereum Name Service (ENS) One Day Volume Hits $133.34 Million

Ethereum Name Service (ENS) traded up 0.9% against the U.S. dollar during the 24 hour period ending at 10:00 AM E.T. on November 18th. Over the last week, Ethereum Name Service has traded down 7.9% against the U.S. dollar. One Ethereum Name Service token can now be purchased for about $17.98 or 0.00019861 BTC on popular cryptocurrency exchanges. Ethereum Name Service has a market cap of $613.46 million and approximately $133.34 million worth of Ethereum Name Service was traded on exchanges in the last 24 hours.

Ethereum Name Service Profile

Ethereum Name Service (ENS) is a Proof-of-Work token that uses the Ethash hashing algorithm. Its launch date was August 11th, 2021. Ethereum Name Service’s total supply is 100,000,000 tokens and its circulating supply is 34,127,232 tokens. The official website for Ethereum Name Service is ens.domains. 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.

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

ENS/USD price chart by TradingView