ENS: Analysis of circulation volume, market capitalization and growth potential
Currently, the circulating supply of ENS has reached 30.383 million, and its supply limit is set at 100 million. From a market value perspective, ENS is close to US$1 billion.
Combining its circulation and market capitalization, it is clear that ENS still has significant growth potential in a bull market environment.
As the Ethereum ecosystem continues to prosper, ENS, as its core infrastructure, is expected to continue to grow in demand. This trend will further drive the price of ENS higher.
If ENS can successfully expand its application scenarios, its price is expected to achieve greater growth in the future, and may even touch the price range of 50 to 100 US dollars.
However, it is worth noting that as a cryptocurrency, the price movement of ENS is closely tied to the performance of the overall cryptocurrency market. When the market experiences a decline, the price of ENS may also fluctuate significantly.
Again, I don’t know what to do in the bull market. Click on my avatar, follow, bull market spot planning, contract honey 🐎, comment 999 to share with you.
I need fans, you need references. It's better to pay attention than to guess.
