4-digit ENS domains spike in demand this week and continue soaring By Cointelegraph

Since Identify Service, or ENS, launched 10,000 four-digit .eth domains starting from 0000 to 9999, the nonfungible token assortment has brought about a stir amongst NFT traders, speculators and lovers alike. In any case 10,000 ENS names bought out in in the future, the variety of individuals registering for ENS names and buying these digit quantity names on secondary markets has considerably affected the market’s buying and selling quantity.

In accordance to a Dune Analytics dashboard for ENS, the spike in gross sales started on April 21, and the variety of eth. title registrations has since jumped from 2,721 to 21,188 by April 28. Over the past seven-day interval, ENS domains’ buying and selling quantity on OpenSea climbed by 3,333% to 2,613 ETH, or $7.3 million, on the time of writing. The final 48 hours have seen essentially the most ENS NFT buying and selling within the secondary market with the costliest area to date, “008.eth,” promoting for 20 ETH, or $56,125, on April 29.