Enjin Coin (ENJ) made a multitude of appearances in recent news, indicating significant growth potential as a gaming-focused cryptocurrency. On November 1st, Enjin hosted a Timeless Tramyarus Multiverse Quest, and its Network Upgrade was supported by
Binance in September. Many news outlets suggesters buying opportunities during dips. However, not all news was positive; ENJ faced delisting from
Coinbase, causing its price to fall significantly. That action seemed to be a move to streamline Coinbase offerings. Despite this setback, ENJ maintained its place amongst the top 5 game coins in Web3 and reported growth beyond 1,000% versus Bitcoin in its history. Notably, ENJ coin became the first regulatory approved gaming token in Japan. They even formed a
Samsung partnership, which could trigger massive adoption. Obtaining regulatory approval in Japan and surviving a network upgrade showed resilience in Enjin Coin, increasing its attractiveness. Despite a recent 30% drop in price, the overall outlook improves as users see this as a buy-the-dip opportunity. The significant growth potential and overall improvements are testament to Enjin's innovative nature in the gaming scene.
ENJ Coin News Analytics from Thu, 07 Dec 2017 16:27:49 GMT to Tue, 29 Oct 2024 16:54:21 GMT -
Rating 5
- Innovation 8
- Information 7
- Rumor -5
