Enjin Coin ENJ Price Prediction 2023, 2025, 2030, 2040, 2050

Technewsleader provides a range of forecasts for the future price of Enjin coin spread over different periods. The website projects a maximum value of $0.70 which is relatively conservative when compared to other websites. According to the ENJ price forecast for 2031, a maximum price of $11.61 could be attained. The average trading value is $10.07 while the minimum price of $9.73 could be attained by the end of 2031. Enjin Coin is a good investment, but due diligence is absolutely essential. Investors are recommended to do their own research studying the latest news giving ENJ coin current price forecasts.

Team Enjin ensures the development of the entire gaming community facilitating progress in the crypto and blockchain technology space. Enjin Network is encouraged at every level on a global footprint to enhance use cases. Backed by a team of experts who are passionate about making it a tremendous success beyond boundaries with the empowerment of technology. Driving global conversations around decentralized infrastructure, the Enjin community is committed to working in tandem with legislators, regulators, and other governing bodies. Enjin Coin hit its all-time high of $4 on April 9th, 2021, with a current market cap of $2.5 billion, earning its spot as the 55th coin on the market. Enjin also offers a variety of products that are already being used so widely.

The Enjin network is among the most intriguing NFT initiatives that have lately received a lot of attention. The Enjin platform backs the value of next-generation NFTs developed on the platform with the Ethereum-based cryptocurrency Enjin Coin . With the help of numerous crypto businesses working on and creating crypto projects, non-fungible tokens or NFTs have become a big element of the crypto marketplaces. Continue reading to learn more about the Enjin Coin Price Prediction from 2021 to 2025. Being based on the logical algorithm, ENJ has both short-term rallies as well as potential long-term advantages. Enjin price prediction shows there could be an Enjin price to reach the high of $15 by June 2022.

Why Enjin Is Valuable?

The entire framework of Enjin is so dependent on zero-disclosure evidence, thereby allowing mathematical consistency of the entire transaction procedure, so the interest of gamers is always protected. At this point in time, the Enjin Coin price is influenced by two major factors; usage and reputation. Both are related in some ways, but they’re both two separate topics that should be discussed.

At the moment, cryptocurrencies are unregulated, meaning that there is no governing body controlling them. If by any chance, they get regulated in the future, the price will change. The biggest problem at this point is that no one knows which way the price will go. Some speculate that it will go up, while others say that it will drop. Regarding usage, the rule is fairly simple – as long as people use the Enjin coin for in-game items, the price will go up. The increase in usage means that the value of the coin will increase, leading to an increase in price.

• Currently sitting at $3.58 per token, CoinGape sees Enjin Coin going as high as $4.18.
• The Enjin coin price rose significantly in 2021 and gained massive popularity among investors.
• It’s always interesting to compare our Enjin Coin price prediction with those from other experts.
• 67% of retail investor accounts lose money when trading CFDs with this provider.
• Essentially, Enjin is software that allows developers to create digital assets on the Ethereum blockchain .

It’s very user-friendly and includes advanced features like a Dapp Browser, QR code airdrops, and Cryptocurrency Exchanges. With two-layer security encryption and a secure keyboard, it’s the most secure mobile wallet we’ve tried. If you are planning to trade crypto, please consult a financial adviser. The power is entirely in the hands of the consumer with a seamless and hassle-free exchange for players. Enjin Coin , which is developed on a blockchain-enabled platform, can detect fraudulent or spurious operations without causing any blockages or delays for players in their application.

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We shall, nevertheless, do our utmost to achieve the best out of it. Moving averages are among the most popular Enjin Coin price prediction tools. As the name suggests, a moving average provides the average closing price for ENJ over a selected time frame, which is divided into a number of periods of the same length. For example, a 12-day simple moving average for ENJ is a sum of ENJ’s closing prices over the last 12 days which is then divided by 12. Many cryptocurrency traders pay close attention to the markets when the current Enjin Coin price crosses an important moving average like the 200-day SMA. The Enjin gaming platform is in demand among gamers because of its unique and innovative capabilities.

In 2028, Digital Coin Price has been predicted to reach $7.71 while the value has been tripled by Price Prediction’s research, forecasting Enjin Coin’s price at $21.29. It had a capitalisation of $2.2 billion and a trading volume of $263.8 million. Crypto experts are constantly analyzing the fluctuations of Enjin Coin. Based on their predictions, the estimated average ENJ price will be around $4.96. It might drop to a minimum of $4.79, but it still might reach $5.88 throughout 2028.

They already developer big games like Minecraft that promoted by enjin. In 2030, the highest possible price that ENJ will have is $30.97 as predicted by Price Prediction. It’s also possible that the coin will not be able to reach $10 yet, according to the current analysis of Digital Coin Price. Enjin’s products or technologies have been recognised in the gaming industry, resulting in multiple use cases. The products were utilised by different cryptocurrency firms, including, Kriptomat, Binance, and Swissborg, to develop blockchain-powered marketing campaigns and gamify user interaction. Aside from gaming, it has also partnered with multinational companies from different industries, such as Microsoft, Samsung, BMW, Atari, etc.

Enjin coin is an ERC-155 token and an ERC 20 token that relies on the Ethereum network to support smart contracts and payments. It was first announced in July 2017 and launched on the Ethereum network in June 2018. We are advocates of moderately risky investing – invest most of your crypto portfolio in BTC (50%); 35% in a basket of big cap coins and the rest in small projects with huge upside. In this guide, we will voice our own and market’s opinion on ENJ future while discussing Enjin price forecast for 2023 and beyond.

Enjin Coin (ENJ) Price Prediction 2021, 2022, 2023, 2025

Meanwhile, Enjin Coin is expected to reach a minimum of $2.50 this year. With an average trading price of $5.89 throughout 2030, Enjin Coin’s value could come to $6.08 at its highest. As we have seen on many crypto forums, Enjin is in the market for the long term. Due to the effort of the Metaverse community, Enjin coin prices can skyrocket in upcoming years.

However, after a successful https://crypto-trading.info/, the token started on a downwards trend, losing 50.7% of its value and falling to $2.3083 by 20 December 2021. Enjin, founded in 2009 by Maxim Blagov and Witek Radomski, was highly involved with the gaming industry. 84% of retail investor accounts lose money when trading CFDs with this provider. A break of the bearish Inside-bar resistance of December 28, ’20 confirmed the increase in buying power and a price explosion decision. Competition analysis with similar projects highlights the most valued competitor and the probability of surpassing it.

That is the question on everyone’s mind, existing and future ENJ holders alike. The odds are that bitcoin is not yet finished with the bears, which means that altcoins will see more bull runs in 2021. The Enjin Coin has a bright and promising future, according to the Enjin price predictions you’re about to read at the end of this article. The highest possible price of an Enjin coin in eight years is $30.97. As a result, we should anticipate ENJ to rise in the next few years.

According to the analyst forecasts from WalletInvestor and DigitalCoin, both Internet Computer and Enjin show strong potential for future growth. However, the cryptocurrency market is vulnerable to unforeseen periods of volatility, and a long bear cycle could wipe out gains. Wanted to know how the future cryptocurrency prices would grow if we used the price gains of the leading social/technological innovations like Facebook, Smartphones, Data, etc.? Our forecasts here could give you some pointers on the potential future of these innovative technologies. Enjin as a company was founded in 2009 as a community gaming platform, but the blockchain network didn’t come until almost 10 years after that.

Enjin Coin has been displaying a positive trend recently, as the coin gained 22.09% in the last 30-days. The medium-term trend for Enjin Coin has been bullish, with ENJ increasing by 29.60% in the last 3 months. The long-term picture for Enjin Coin has been negative, as ENJ is currently displaying a -75.25% 1-year price change. In 2018, a bearish theme dominated Ethereum-based tokens and the entire cryptocurrency sector. ENJ, an ERC20 token, crashed along with the rest of the industry, which was unsurprising. Since its all-time high in December, the coin has lost over 95% of its value.

The forecast made by Digital Coin Price, expects the year to close with ENJ’s price trading at its potential high of $0.59. The company anticipates the minimum and regular price targets to occur at $0.41 and $0.50 respectively. The analysts from the firm foresee the possibility of the altcoin ending its trade for 2025 at a higher price of $2.09.

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According to the predictions, the price of Enjin Coin will likely increase by 2025, with even the most conservative price forecasters estimating a small increase. However, most price forecasters are bullish on ENJ’s price and it likely will have surpassed its 2021 ATH of $4.00 and may reach highs above $10 if the most optimistic predictions are true. Or have you been struggling to answer the question ‘is Enjin a good investment?

Enjin Coin Price Prediction 2050

It has a circulating supply of 834,331,121 ENJ and a 24-hour trading flow rate of $147,230,704 in the cryptocurrency world. One of the more exciting NFT projects now accessible is the Enjin platform. The Enjin project was designed as a full ecosystem that provides a wide selection of products to devs who wish to utilize the platform to construct their own ventures. Tokenized digital assets may be created, distributed, stored, and traded via the Enjin network. On the Enjin network, there are already several initiatives, mostly in the gaming and corporate sectors. Based on the most recent in-depth technical analysis of previous token price data, the pricing of Enjin is projected to hit a low of $2 by the end of 2021.

And while that little spike you see around 2018 may look quite small now, back then it was huge. Straight of the bat, you can notice that https://bitcoin-mining.biz/Coin foresees ENJ’s price will continue to rise year-on-year. Though they expect prices to struggle in 2024, the overall trend suggests there will be an increase. Enjin Coin has a maximum supply of 1,000,000,000 ENJ tokens, of which 83% are already in circulation. That operates on top of Ethereum’s blockchain for the Enjin Network which is creating an ecosystem of interconnected blockchain games. It may be the case that investors are getting braver, or that they are looking for more efficient coins than BTC and other older, more established coins.

The liveEnjin Coin price todayis $1.30 USD with a 24-hour trading volume of $116,556,536 USD. The current CoinMarketCap ranking is #70, with a live market cap of $1,128,891,421 USD. Just after a few months of launch Enjin Coin gained the attention of the crypto community and became the top-100 token by the market cap.

We estimate that Enjin could be worth around $3.50 by the beginning of 2022, assuming price rebounds from the upcoming support level. Enjin is going down due to the negative market sentiment brought about by the Evergrande situation. Although this isn’t directly related to Enjin, market sentiment is still weighing on price. More and more platforms are beginning to offer Enjin as a tradeable asset. However, we’d recommend using eToro to buy Enjin, as you’ll avoid commissions and can deposit from as little as $50.

Enjin price movement in the last month has marked higher highs and lower lows. The token was trading in an ascending trendline before the fallout of the FTX exchange that has brought shackles to the overall crypto market. The most remarkable development for November 2022 is the launch of Enjin Wallet V.2. This is a crypto and an NFT wallet that has been designed with the latest technologies.

ENJ is expected to rise to $0.55 by 2024 according to CryptoGround. For some coins with little to no data points and inexistent historical data the model by default will show a positive price prediction. There is no way for our AI bot to decipher whitepaper, tokenomics and team integrity. The coin’s price that you are about to see below can fall drastically depending on many factors, so please invest wisely after checking the team and project’s whitepaper. This current price prediction is done by a machine crunching numbers and the model is still in the early beta stages. Although the best engineers are currently tweaking and updating the algorithm, no human has verified the price predicted below, so please use your discretion and make a decision wisely.

According to its https://currency-trading.org/, the value of the Enjin token could rise to $2.55 by the very end of 2021, rising to $4.20 in 2022, $6,09 in 2023 and achieving a mean price of $8.84 by 2025. WalletInvestor believes Enjin is an “awesome” long-term investment. According to its Enjin price forecast, ENJ can rise up to $4.335 in the next 12 months and hit $11.916 in 2026. Enjin has a fixed maximum supply of one billion coins, but as the ecosystem grows and the more tokens are locked into in-game digital assets, the number of ENJ circulating will decrease.