What is ENS (ENS)?

ENS is the governance token of the Ethereum Name Service, a decentralized system for domain names that shortens Ethereum's long wallet addresses into readable addresses. Outside of the ENS DAO, the ENS is a regular ERC-20 token. It trades on cryptocurrency exchanges, and the price of each token waxes and wanes according to market demand.

What is the current price of Ethereum Name Service (ENS)?

ENS has had a steady price movement for the last few days and the current price is consolidating near $15.0. Ethereum Name Service cryptocurrency price is fluctuating between $14.66 and $15.77 as the bullish momentum slows down. From the technical perspective, ENS is likely to break out of these levels and head towards $20.0 in the near term.

What is the price of ENS token?

The ENS token hit its all-time high price of $85.69 in November 2021. The token has a maximum supply of 100 million. At launch, the project airdropped 25% of the supply to holders of .ETH domain names.

What is en and how does it work?

ENS converts human-readable Ethereum addresses like john.eth into the machine-readable alphanumeric codes you know from wallets like Metamask. The reverse conversion -- associating metadata and machine-readable addresses with human-readable Ethereum addresses -- is also possible.