Enjin Coin (ENJ) is being recognized for its significant development in blockchain-based gaming. The tokenomics of the coin have reportedly undergone major changes, a development which led to risk warnings on Binance. There have been mixed reports on the price of ENJ, some detailing a dip, occasionally blamed on delists like that from Coinbase, and others projecting significant surges or claims of high-reward, low-risk buy opportunities.
In terms of projects and partnerships, ENJ has launched
Guild Feature alongside
Efinity (EFI), potentially boosting its profile in the GameFi space. Additionally, ENJ's blockchain technology now supports the native usage of Circle's USD Coin on Base and Optimism Networks. Enjin's relationship with Samsung also continues to raise speculation whereas its regulatory approval in Japan has led to a modest price surge.
There have been a few concerns and suspicions about competition from other Metaverse and GameFi coins like MANA and Dukascopy's recent announcement about delisting ENJ. Yet, amidst the controversy, ENJ has managed to retain its image as a key contender in the Metaverse cryptocurrency market and is being touted in lists of tokens predicted to explode in value in the near future. Unfortunately, more recent news suggests that trading pairs involving the coin will be removed from Binance, sparking concerns about a potential price dip.
ENJ Coin News Analytics from Mon, 24 Sep 2018 21:24:04 GMT to Wed, 12 Feb 2025 01:12:14 GMT -
Rating 1
- Innovation 4
- Information 7
- Rumor -4
