This morning the token $ENS was listed in Binance Excange, let's see together what this token is.
ENS is the acronym of Ethereum Name Service, a service to menage decentralized website domains and wallets.
It is also possible to start decentralized sites on the same platform by uploading the code and getting an ENS address, such sites can have the DNS name of the platform that is .eth but are also supported native DNS such as .com .org etc. ...
The platform's native token is $ENS and is now tradable on Binance Exchange.
Below is the chart from #CoinMarketCap of the token:
We see that the growth is very large, we are in a perido in which the token is reaching its peak.
Dynamic support is up and stabilized at around $60.
Conclusion
I believe that the token is in a moment of strong growth, the service offered by ENS is very good and I believe it has a flourishing future.
Personally I entered ENS with a small investment because I think it is a very good opportunity, maybe it may seem counterintuitive to enter now but I expect that the value of this token will rise in the medium-long term.