If you want to know where the prices of Enjin Coin (ENJ) will go in the future and want an Enjin Coin price prediction for 2023, 2025, or 2030, we’ll analyze past prices and find out what experts are saying about its future price movements.
Please keep in mind that this prediction, like all others, should be viewed with the understanding that it represents the opinion of a small group of market experts/analysts.
ENJ is currently trading at $0.4414, according to market analysts.
Enjin History
Maxim Blagov and Witek Radomski founded Enjin in 2009 primarily to serve the gaming community. The year was a watershed moment in video gaming, with the real world gaining traction and online mediums becoming a fad. To begin, the company held an initial coin offering (ICO), raising approximately $18.9 million by selling ENJ tokens to fund the development of its new blockchain, and Enjin went live in 2018. The prediction of the price of Enjin coin is covered in detail here.
The Enjin ecosystem is committed to serving a large community that can benefit from multichain advantages across a variety of video games, from non-fungible tokens (NFTs) to digital vouchers spreading their wings to goods. By leveraging its strengths in quality product offerings, an existing community of users, strategic partnerships with leading brands, and inherent exposure to the rapidly growing NFT market, Enjin Coin ensured it created a digital realm around itself and made its presence felt across all platforms, from PC to mobile.
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Trading with financial instruments carries high level of risks that is not suitable for all investors. Before making any investment decisions, you should seek advice from independent financial advisor to ensure you understand the risks involved.
Why makes Enjin Coin valuable?
The late-2017 crypto market rise initially drove the Enjin coin price. Enjin was specifically designed for the blockchain gaming industry as a platform for improving video game quality. According to Enjin’s whitepaper, the following features will be introduced to the online video gaming industry:
- Ownership and trading of virtual goods
- Transferring virtual assets from game to game
- Create a security standard for virtual goods marketplaces.
Enjin has grown to become one of the largest blockchain gaming platforms. The Enjin network currently has over 20 million gamers registered, according to the coin’s official website. Popular game design SDKs, combined with an innovative blockchain structure, provided the coin with a large user base.
To conduct transactions, implement smart contacts, and create new in-game tokens, the RC-20 standard is required. Enjin aspires to be a low-fee network that is completely free of fraud. The development platform and its blockchain network are ideal for creating, launching, and maintaining various types of games.
Enjin Coin Price Prediction Price Analysis
According to the most recent data, the current price of Enjin Coin is $0.44, and ENJ is currently ranked #89 in the entire crypto ecosystem. Enjin Coin has a 1,000,000,000 circulation supply and a market cap of $441,445,828.
The price of the Enjin Coin has risen by 4.97% in the last 24 hours due to an increase in trading volume and market cap.
Enjin Coin is struggling to compete with other crypto coins. The ENJ has dropped nearly -14.07% in the last seven days. The coin has been displaying risky framing segments in recent days. Despite the coin’s solid fundamentals, we do not believe it will be a profitable asset in the near future.
However, when the current price is compared to the price history of the previous 30 days, Enjin Coin’s value has increased by 13.579%. The average minimum price for the month was $0.35, while the average maximum price was $0.38. This means that this coin is a good investment and a good addition to your long-term coin portfolio.
The 90-day price change is approximately 31.02%, with the price ranging in the previous 90 days from a minimum average price of $0.30 to a maximum average price of $0.31.
Enjin Coin’s value has increased over the last four months. As a result, we believe that similar market segments were popular at the time. The trading volume of Enjin Coin has increased in the last four months, according to the most recent data. The trading volume has a large influence on the price.
The coin has increased by 1.03% in the last four months, with the highest average price being around $0.44 and the lowest average price being around $0.43.
Enjin Coin Price Prediction Expert Takes
Trading Beasts
“The Enjin Coin (ENJ) price is forecasted to reach $ 0.6367537 by the beginning of 2026. The expected maximum ENJ price prediction is $0.7301847, and the minimum price is around $0.4329925. The Enjin Coin price prediction for the end of the month is $0.5841477.”
Price Prediction
“The biggest landmark victory for Enjin Coin price is that it would cross $1.71 in the year 2027. So, within five years, it will be worth betting on Enjin Coin (ENJ) being a profitable investment. With the increased risk of loss, we would recommend Enjin Coin to be a reasonably good investment. Such information purposes are very helpful.”
TechNewsLeader
“According to our investment advice, the ENJ is one of the cryptos which is great for long-term investment. The short term Enjin Coin forecast will be bearish until the breakout. But, it has a good chance of reaching $1.39 in the next 5 years.”
Changelly
“Many Enjin Coin (ENJ) price predictions have been made, and if the community focuses on minimizing the transaction fees, the ENJ price may escalate. The ENJ price may hit $0.819918, making it a profitable investment before the end of 2025.”
Enjin Coin Price Prediction
Enjin Coin Price Prediction 2023
According to Wallet Investor, the price of ENJ will start the month of March at $0.340 on average, with a minimum of $0.000001 and a maximum of $0.796. While the year ended with a price of $0.02089, $0.0418, and $0.0627, respectively.
Enjin Coin is expected to reach a low of $0.60 in 2023, according to PricePrediction. The Enjin Coin price could reach a high of $0.67 in 2023, with an average trading price of $0.61.
Based on shorter and longer price trends, the year 2023 may not be so good for Enjin Coin, according to the CryptoNewsZ bearish market price prediction. The price of Enjin Coin is expected to rise by $0.33.
Enjin Coin Price Prediction 2025
According to the technical analysis of Enjin Coin prices in 2025 conducted by Changelly cryptocurrency experts, ENJ is expected to have the following minimum and maximum prices: around $1.20 and $1.51, respectively. On average, the expected trading cost is $1.23.
The price of one Enjin Coin is expected to fall to $1.20 by 2025, according to Price Prediction. Throughout 2025, the ENJ price can reach a high of $1.51 and a low of $1.23.
According to the Wallet Investor Enjin Coin Price Prediction, Enjin’s price will begin 2025 at an average of $0.0520, with a minimum of $0.0260 and a maximum of $0.0781. While the year ended with the lowest, average, and highest prices of $0.0349, $0.0698, and $0.1047, respectively.
Enjin Coin Price Prediction 2030
The maximum coin price for 2030, according to CryptoNewsZ forecast data, could be $2.50, while the minimum value could be $2.25. At the same time, the average price could be $2.37.
Changelly analysts are ready to reveal their Enjin Coin price predictions. The year 2030 will be determined by the maximum ENJ price of $9.22. It is possible, however, that the rate will fall to around $7.63. As a result, the average trading price will be $7.90.
Enjin Coin is expected to reach a low of $7.63 in 2030, according to PricePrediction. Throughout 2030, the Enjin Coin price can reach a high of $9.22 and a low of $7.90.
FAQs
Is ENJ A Good Investment?
Indeed. Enjin Coin is a good investment, but it must be approached with caution. Investors should conduct their own research into the most recent news containing ENJ coin current price forecasts. Only those with a thorough understanding of the ENJ ecosystem may purchase Enjin coin cryptocurrency as a cryptographic currency product.
Will Enjin Coin Drop In Price?
Cryptocurrency projects fail for a variety of reasons. Some of the most common are: a team goes rogue and abandons the project, regulators declare it illegal and press exchanges delist it, a lack of media attention, more successful competitors, a lack of a well-designed marketing strategy, a loss of community support, a potential vulnerability in the protocol, failing to achieve the protocol’s expected minimum development activity, and failing to attract new developers to build on their platform.
Is Enjin Coin Legit?
Regardless of the debates and controversies, Enjin Coin price prediction shows a very healthy and active ecosystem in the near future with virtual goods on a bullish note demonstrating blockchain assets forming the foundation of smart contracts and crypto-assets; it is natural for users to be drawn towards Ethereum network-based digital coins that shed any bearish trend insights or show if the coins function properly with regard to the gaming industry.
