Ethereum Name Service (ENS) Trading 62% Higher This Week

Ethereum Name Service (ENS) traded up 25.1% against the US dollar during the twenty-four hour period ending at 20:00 PM Eastern on May 21st. Ethereum Name Service has a total market cap of $681.01 million and approximately $492.12 million worth of Ethereum Name Service was traded on exchanges in the last 24 hours. One Ethereum Name Service token can now be bought for about $21.78 or 0.00031025 BTC on popular cryptocurrency exchanges. Over the last seven days, Ethereum Name Service has traded 62% higher against the US dollar.

Ethereum Name Service Profile

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 31,267,845 tokens. The official website for Ethereum Name Service is ens.domains. 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.

According to CryptoCompare, “Ethereum Name Service (ENS) is a distributed, open, and extensible naming system based on the Ethereum blockchain created by the Ethereum Foundation and developed with the help of a community of developers. It is used to create human-readable names for Ethereum addresses to identify counter-parties and transfer funds quickly, securely and without the need for long addresses.”

Ethereum Name Service Token Trading

It is usually not presently possible to purchase alternative cryptocurrencies such as Ethereum Name Service directly using U.S. dollars. Investors seeking to trade Ethereum Name Service should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Changelly, Gemini or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Ethereum Name Service using one of the exchanges listed above.

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