Enjin Coin (ENJ) has seen significant press coverage in the crypto market. The coin saw
a price surge of 50% following a five-year low and later rose by 60% with a 2400% increase in volume. Discussions are intensifying about whether the digital currency could reach a $10 value within the next few years, and there seems to be an expectation of a slow recovery for
ENJ.
Enjin's gaming token,
Efinity EFI, surged by 120% due to Enjin's demand.
Binance indicated significant tokenomic changes for the coin and issued risk warnings for 10 tokens, including ENJ.
Enjin Coin surged 71% becoming the first regulatory-approved gaming token in Japan. The crypto.com app and the exchange announced their intention to support the
Enjin Blockchain launch, and the digital currency received $18.9M in funding for a Polkadot-based NFT blockchain.
Enjin Coin generated considerable interest as a high-reward, low-risk buy-the-dip opportunity and was listed on a series of platforms including Firstrade alongside other cryptocurrencies. However, there were also concerns as Dukascopy decided to delist cryptocurrency Enjin and Coinbase issued a delisting alert.
Coinbase later announced a suspension of
Enjin Coin trading. In terms of partnerships, a collaboration with Samsung on their rumored blockchain wallet drove the price of
ENJ higher.
ENJ Coin News Analytics from Wed, 23 Aug 2017 07:00:00 GMT to Tue, 16 Sep 2025 00:05:00 GMT -
Rating 7
- Innovation 6
- Information 8
- Rumor -4
