Ethereum Name Service (ENS) Price Hits $9.23 on Exchanges

The dollar rose 3.2% in the 24 hours ending at 20:00 Eastern time on the 10th of July. On popular exchanges, one Ethereum Name Service token is now available for $9.23 (or 0.00030381 BTC). Ethereum Name Service's total market cap is $264.94m and the exchanges have traded Ethereum Name Service worth approximately $14.96m in the past day. Ethereum Name Service's value against the US Dollar has fallen by 1.7% in the past seven days.

Ethereum Name Service Profile

It is a Proof of Work token which uses the Ethash algorithm. Its launch was on August 11th 2021. Ethereum Name Service has a total supply of 100,000,000 tokens, and a circulating supply of 28,700282 tokens. CryptoCompare states that 'Ethereum name service (ENS) is a distributed open and extensible naming scheme based on Ethereum blockchain, created by the Ethereum Foundation with the assistance of a developer community. It's used to create human readable names for Ethereum address to identify counter parties and transfer funds securely, quickly and without needing long addresses.

Trading of Ethereum Name Service Tokens

The US dollar is not usually accepted as a payment method for alternative cryptocurrencies like Ethereum Name Service. Gemini or Ethereum Name Service.’s FREE CryptoBeat Newsletter