The Enjin Coin (ENJ), a popular cryptocurrency in the world of gaming, is in various news as it experiences notable developments. The cryptocurrency's price prediction for 2024, 2025, and 2030 is constantly discussed, indicating a belief in its continued upward trajectory. While it strives to reclaim its GameFi crown, some major crypto platforms have shown supportive behavior, such as Binance's announcement to support Enjin Coin's network upgrade. However, not all platforms are supportive, as Coinbase's plans to delist Enjin Coin has led to a plunge in its price, along with DukasCopy also announcing its intention to delist the ENJ token.
A series of blockchain upgrades has been reported, including a successful 'Triple Migration'. This accomplishment is attributed to garnering the interest of whales looking to buy the dip. But it's not been all smooth sailing. Faced with the complications that come with delisting issues, the coin's price has slipped to its multi-month low ahead of a significant 4:1 EFI to ENJ Swap. Hopes remain high, with ENJ presenting high-reward, low-risk opportunities and crypto experts projecting that it has the potential to reach $10 in 2024. The recent blockchain upgrade announcement saw its value surge, as the coin became natively supported on Base and Optimism networks. Moreover, with a 51% complete upgrade within the first 60 days of the 'Triple Migration', the future looks promising.
The coin also benefits from its association to the Metaverse realm, significantly linked to GameFi, where its usage has been approved in Japan, signalling a significant win in gaining traction in top-notch gaming economies. This approval led to a marked 71% surge in Enjin Coin's value. Another rumor has been floating around about a potential partnership with Samsung, boosting its price significantly. These factors contribute to a bullish outlook for Enjin coin.
Enjin Coin News Analytics from Wed, 23 Aug 2017 07:00:00 GMT to Mon, 09 Sep 2024 05:38:28 GMT -