Blockchain has brought online gaming to the next level and we also have seen the kind of response investors are showing in blockchain-based gaming projects. And when it comes to blockchain-based gaming Enjin Coin has a separate fan base. This project has already got support from 300,000 gaming communities and there are more than 19 million gamers are registered to this platform. So today we will find out the reason behind the success of this project and also look at the Enjin Coin (ENJ) Price Prediction made by the market experts.
What is Enjin Coin?
Enjin coin is built on Ethereum blockchain so the users of this platform will get the benefit of blockchain and smart contracts. Since 2009 Enjin has been so much activity in the gaming field it helps gamers to create a website for their clans, create forums and chat groups, add wikis, and much more. This platform aims to create one of the biggest gaming communities and offer all the services to them.
As now Enjin Coin has shifted to blockchain the biggest advantage is that gamers can securely transfer or trade their virtual assets without getting scammed. Also, this platform will help game developers to create and monetize their content. Few popular games like Minecraft have also shown their support to Enjin Coin recently.
By using the Enjin platform developers can caret coin specifically for their community and those newly created coins will be backed by Enjin Coin. These tokenized in-game items can be bought sold and traded with real-world value.
Enjin Coin (ENJ) Details:
|Project Name||Enjin Coin|
|Total Supply||1,000,000,000 ENJ|
Enjin Coin (ENJ) Price Prediction:
Most of the time we will see the price of any token will increase after its ICO sale and after listing it would increase further but that won’t happen in the case of Enjin Coin. At the time of public sale, the price of the ENJ token was $0.05117 and at the time of listing on the coin market cap, its price was $0.01737. But after this collapse, this token started showing growth and within two months its price went up to $0.4456 with a growth rate of 2465%. After this high, the price of the token once again got collapsed and for the next two years, this token gone through several ups and downs. One of the competitor of this project is Axie Infinity and You can also check Axie Infinity (AXS) Price Prediction here.
The actual bullish run of Enjin Coin was started at the start of January 2021 and by April 2021 its price touched the $4 mark. During this period the price of tokens was surged by 2841% which was remarkable. After the market crash, its prices started showing downward trends but that won’t sustain long period. By the end of June 2021 once again this project started showing upward trends and we could see a new all-time high of ENJ tokens in the next few weeks. As per market experts Enjin Coin Price analysis, this token will cross the $10 mark in the next three-four years.
|First Quarter 2023||$4.12|
|Second Quarter 2023||$4.57|
|Third Quarter 2023||$5.08|
|Fourth Quarter 2023||$5.56|
|First Quarter 2024||$6.15|
|Second Quarter 2024||$6.82|
|Third Quarter 2024||$7.28|
|Fourth Quarter 2024||$7.61|
|First Quarter 2025||$8.19|
|Second Quarter 2025||$8.84|
|Third Quarter 2025||$9.49|
|Fourth Quarter 2025||$10.06|
Enjin Coin (ENJ) ICO Sale Details
|ICO Date||November 2017|
|ICO token Price||$0.05117|
Where to buy ENJ coin:
|Bitbns||1inch Exchange||Bitcoin.com Exchange|
Where to Store ENJ coin:
- Trust Wallet
Enjin Coin provides a platform for gamers where they can exchange the game assets securely and this has helped to reduce the number of frauds. So far the team working on this project has done their job by completing the goal on time. Recently so many blockchain-based gaming projects have been launched in the crypto market so Enjin will have to compete with them. But the best part is that the community of Enjin is huge so they will always have that advantage.