Ethereum Name Service is a platform that lets users buy a domain name on the Ethereum blockchain. These domains can then be used to transfer and receive funds, replacing the alphanumeric wallet address. There are currently 2.1 million registered ENS domains, with 800,000 unique participants, according to Dune Analytics.
Demand for Meme Tokens Is Stronger Than Ever, Data Shows
"In principle, people participate in meme coins because (i) the value might go up, (ii) they feel democratic and open...