#ENS
ens rose 30 points today. Is this currency worth buying?
Basic information about ENS coin
ENS Coin (Ethereum Name Service) is a domain name service system based on Ethereum, designed to provide unique, human-readable addresses for decentralized applications (DApps) and smart contracts. With a market capitalization of US$6 billion, it is a leading company in domain name services2.
Market Performance of ENS Coin
Recently, the price of ENS coins has fluctuated greatly. For example, on November 23, 2024, ENS coin exceeded $43, setting a new high in the past two years3. In addition, the global market value of ENS coin ranks 95th, with a 24-hour transaction volume of 20.262 billion yuan4. These data indicate that despite price fluctuations in the short term, the market performance of ENS Coin is worthy of attention in the long term.
To sum up, although the price of ENS Coin may continue to fluctuate in the short term, its investment potential is considered more optimistic in the long term, especially in the next few years, when its value is expected to grow significantly.
Summary: ens, as an Ethereum domain name, mainly depends on the aunt to prevent the outbreak. If the aunt breaks out, ens will naturally follow. eth has a lot of accumulation and is ready to go, so I think ens is very light if the bull market rises to 100 US dollars.
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