Enjin Coin (ENJ) is experiencing a lot of buzz. Despite a price plunge following Coinbase’s decision to delist the coin, investors still see it as a
high-reward, low-risk buy-the-dip opportunity. Fueling this optimism, the coin surged after the release of Enjin Blockchain which now natively supports Circle's USD Coin on base and Optimistic Networks. Moreover, as
whales buy the dips, the coin's outlook continues to improve. Some signs hint at regulatory approval, such as being the first gaming token to get approved in Japan.A partnership with Samsung led to a drastic 75% increase in ENJ’s value. Regardless of the coin's fluctuations, investors are eagerly watching the
crypto gaming token, especially as it's preparing to host Quest: Mike's Misadventures and its promising position in the gaming crypto world and the
Metaverse. A positive price prediction suggests ENJ could hit $10 within the next years.Interestingly,
tokenomics changes for 10 tokens sparked 'risk warning’ from Binance. ENJ wasn't one of them, instead, it and other coins found native support following listings on Coinbase Pro. The
Samsung partnership and ENJ being the
first regulatory approved gaming token in Japan, have been key features bolstering investors' trust in ENJ. However, with Binance's mass delisting, including other high-value tokens such as Aave and Avalanche, set the market on edge, ENJ's price has crucial levels to test whether it will make or break.
ENJ Coin News Analytics from Mon, 27 Aug 2018 07:00:00 GMT to Mon, 27 Jan 2025 11:13:53 GMT -
Rating 7
- Innovation 5
- Information 8
- Rumor 4
