It is a tough question but it seems like one of the ways to improve gaming is hidden in the blockchain technology. ENJ uses off-chain alerts to provide a contemporary responsive experience. For each Transaction Request, Trusted Platforms will send an instant notification to the user’s Smart Wallet. When the user accepts the transaction and it is created on the blockchain, the wallet will contact the Trusted Platform API with the transaction to observe.
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Historical Data 14 days
All of the information on this website is based on the authors’ personal opinions and is strictly for informational purposes. The website’s operator or the authors of the articles are not liable for any decisions made by visitors due to reading articles from this website. According to Priceprediction.net, the most significant achievement for Enjin Coin would be crossing $19.31 in 2027.
According to our ENJ price forecast, the altcoin’s price might reach $1.68 before 2025’s end. With a possible increase, the price might reach $4.10 by the end of 2030. Price prediction for Enjin Coin looks bullish for the next 10 years.
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Enjin ecosystem provides a platform to deploy NFT projects in the easiest way. The Enjin project has its own wallet and their backing makes Enjin Coin powerful. As per the recent spike in Enjin Prices, this coin has proved that it can surprise investors with massive returns. Enjin is one of the most popular Metaverse projects with real use cases that makes ENJ Coin strong by nature. As per our price analysis, the long-term investment in Enjin Coin appears to be a good option to consider. Enjin Coin (ENJ) ranks 105th on CoinMarketCap in terms of its market capitalization.
Do not expect to invest $100 and become a Enjin Coin millionaire. But 100x price explosions are a common sight in crypto, so a $10k investment in Enjin Coin could make you a millionaire. As of now, Enjin Coin (ENJ) price is $0.29 with Enjin Coin market capitalization of $288,485,859.14. Born to the SkyAn immersive VR wingsuit racing game, Born to the Sky features blockchain-based costumes, skins, special items, and season passes.
Enjin Coin Price Prediction
DigitalCoinPrice, a renowned crypto prediction site, predicts that ENJ will end the year at $1.87. Another popular prediction site, TradingBeasts, expects an average of $1.45 by December 2022. Post the US NFP data release for July, the asset sustained above the 29,000 level, showing likelihood of price recovery in August. On the 4-hour chart, Enjin has established a bull flag with a resistance trend line formed at the psychological level of $3. A breakout above this point has a final price target of $4.36, calculated using the height of the flagpole as a reference.
Most traders use candlestick charts, as they provide more information than a simple line chart. 1-hour, 4-hour and 1-day candlestick charts are among the most popular. In addition to the simple moving average (SMA), traders also use another type of moving average called the exponential moving average (EMA). The EMA gives more weight to more recent prices, and therefore reacts more quickly to recent price action. The Fear & Greed Index combines several market and investment indicators, including 30- and 90-day volatility, trading volume, social media activity, and Google Trends data. The Fear & Greed Index can be a useful measure of Enjin Coin investors’ sentiment, and is based primarily on Bitcoin-related market data.
Leaving the rollercoaster ride of 2021 behind, experts and speculators alike have shifted their attention toward the promising future of the Enjin coin. In the following texts, we have compiled plausible predictions made by some industry leaders, serving as a guide on what to expect regarding Enjin Coin. Before the maximum price target, Enjin Coin can briefly stop at $3.57, a high established on April 10, and the previous all-time high of $4. Enjin Coin has been under consolidation for the past week, but on-chain metrics still favor the digital asset.
Enjin Coin Future Forecast Analysis By Years
The crypto exchange organised a staking event with 43,000 ENJ tokens in rewards. Who would have predicted that Metaverse cryptocurrencies would surpass the so-called strong projects in such a short period? Since the Metaverse got a lot of buzz, tokens in the space have gone from strength to strength. While many people thought the coins would not last long, they haven’t shown any stopping signs.
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Thus, to reach $10, ENJ needs a minimum of 31 months (around 2.6 years). However, it cannot be expected to reach $10 this soon, considering the market economic conditions of liquidity, inflation and CPI. Yes, US-based investors can begin trading on BTCC and access the thriving crypto asset secondary market to buy, sell, and trade cryptocurrencies. Based on extensive technical research of past price data for ENJ, we estimate that by 2030, the price of one Enjin Coin will have dropped to roughly $7.81. Average trade price for an Enjin Coin is $8.10 USD, with a maximum price of $9.53. The adoption of Enjin Coin has lagged behind that of other cryptocurrency options.
How and where to buy Enjin Coin?
Enjin allows developers to create and manage digital assets, such as in-game items, collectibles, and virtual currencies, on the blockchain. The Gaming community ventured in 2009 with around 200 million users in no time! However, the Enjin Coin was first announced in July 2017, followed by an ICO and raised $18.9 million. ENJ is a digital store value and backs the value of blockchain assets like NFTs. The altcoin is capped at a maximum supply of 1,000,000,000 tokens.
- Since reaching its all-time high of $4.6858 on 25 November 2021, the token has struggled to climb back to the top, falling by 66.2% to $1.58, as of the time of writing (14 April).
- The minimum trading cost might be $$0.297, while the maximum might reach $$0.330 during this month.
- The prices of cryptocurrencies are dependent on factors like on-chain and off-chain indicators.
- A breakout above this range adds a lot of credence to the bullish outlook.
- The price of ENJ is expected to hit a maximum of $0.85, by the end of 2023.
- ✔️Tradingview is best known but ✔️Bitsgap✔️Coinrule✔️Cryptohopper are also excellent plus they allow automated trading.
It will be traded for at least $$7.22, with the possible maximum peaks at $$8.36. Therefore, on average, you can expect the ENJ price to be around $$7.43 in 2031. Every year, cryptocurrency experts prepare forecasts for the price of Enjin Coin.
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All content on CaptainAltcoin is provided solely for informational purposes. It is not an offer to buy or sell any security, product, service or investment. vibehub ico The ENJ Minecraft plugin brings the power of blockchain directly into the countless blocky worlds crafted by millions of engaged gamers.
- Some new listings on premium exchanges may also increase the value of the Enjin Token.
- Enjin offers software development kits for Unity, Java, Android C#, and other platforms.
- According to the recorded achievements of Enjin in the past few months, ENJ is considered a good investment in 2023.
- An RSI reading under 30 indicates that the asset is currently undervalued, while an RSI reading above 70 indicates that the asset is currently overvalued.
- However, the coin was hit by a humbling downtrend shortly after hitting its $4.82 all-time high, shedding more than half its value before the close of the 2021 trading year.
In most of the games they play, they are used to buying virtual items of any kind. We must also not forget the partnerships signed in the past by Enjin. The one with Unity is important because Unity is one of the favorite engines for video game developers. Finally, the partnership with PC Gamer is not insignificant either. As a reminder, PC Gamer is the number one media among video game fans. At its regular events around the world, PC Gamer helps spread the word about Enjin Coin to millions of gamers.