Enjin Coin is currently trading at $0.46 in terms of its USD rate as of October 8, 2022, with a price change of 0.38% over the previous hour. With a 24 hour trading volume of $18,866,343.00, ENJ has a market cap of $455,568,775 overall. As a result, the cryptocurrency market places Enjin Coin (ENJ) at position 76.
If you are interested in investing in cryptocurrencies, you might be wondering what the price of Enjin Coin will be at the end of 2030. In 2030, will Enjin Coin make a profitable investment? Will ENJ prices rise above their all-time high? These are the future ENJ price forecasts for Enjin Coin.
What Is Enjin?
Short answer: Enjin is a platform that aims to introduce game developers to the blockchain industry.
Maxim Blagov and Witek Radomski, experts in the gaming sector, founded Enjin in 2009.
After a successful initial coin offering (ICO) eight years later, the business established itself as a leading blockchain ecosystem developer, creating a range of user-centric blockchain products that make it simple for anyone to manage, explore, distribute, and integrate blockchain.”
The Enjin blockchain now acts as a resource for content producers, the gaming industry, and game developers who want to enter the world of crypto assets but may not know where to begin.
Additionally, the Enjin platform gives anyone the chance to make games and NFTs in the form of art, music, and real-world assets like comics, priceless paintings, and real estate.
The project was motivated by the desire to develop on-chain software tools that would make it easier to create, trade, and monetize creative goods using blockchain. With the help of Enjin technology, companies and developers can monetize their assets by backing them up with Enjin coins.
Maxim Blagov, the project’s CEO and creative director, and Radomski Witek, its chief technical officer, are among its founders. In 2012, Enjin incorporated blockchain, more specifically the Ethereum blockchain, after Radomski realized he could use Ethereum smart contracts to make his idea a reality.
Developers can create exclusive fungible and non-fungible tokens using Enjin’s smart contract collection. The Enjin market is then used to post these tokens so that they can be traded or exchanged. Through a dynamic process that balances the ratio of custom tokens to EJN, Enjin maintains a relatively low level of circulation. As more unique tokens are developed, the Enjin project gradually removes the Enjin coin from circulation in an effort to increase its scarcity and value.
Through the use of third-party trusted platforms that communicate with user wallets, the Enjin network updates the user’s preferred destination with the purchased item or a non-tradeable version of the digital item as soon as the user makes a purchase on the Enjin marketplace, pending confirmation of the transaction on the Ethereum blockchain.
Enjin Coin Past Price Analysis
The price of the Enjin Coin has increased significantly over the past 24 hours by 1.17% thanks to an increase in its trading volume and market cap.
Enjin Coin is having trouble gaining traction with other crypto coins. Nearly -0.02% has been lost by the ENJ over the past week. Even though the coin has solid fundamentals, we don’t believe it will be a profitable asset in the near future. It has been showing risky framing segments for the past few days.
The price of ENJ dropped by -17.753% over the course of the previous month, deducting a staggering average amount of $0.098 from its current value. This sudden decline indicates that the coin is currently in a dip, which makes it a good opportunity to buy for a quick investment.
The price fluctuated between a minimum average price of $0.018 and a maximum average price of $0.023 over the last 90 days, representing a change in price of approximately 95.95%.
The maximum and minimum average prices of Enjin Coin over the previous four months, respectively, were $0.59 and $0.52. This represents a decline of -11.56%.
Enjin Coin (ENJ) Price Prediction
Enjin Coin (ENJ) Price Prediction 2023
The work of network developers and community investors will result in an increase in the value of Enjin Coin. The forecasted price for 2023 is optimistic as a result. Analysts predicted that ENJ’s price would reach its maximum level of $1.41 by the end of 2023. On the other hand, there is a strong chance that the Enjin Coin will eventually prosper. As a result, depending on the market, it is anticipated that the average price of ENJ will range from $1.12 to $1.16 in 2023. The ENJ’s maximum price for 2023 ranges from $1.12 to $1.41, as stated in the same slogan.
Enjin Coin (ENJ) Price Prediction 2024
If the following conditions are met, ENJ can reach $1.91 by 2024 with significant cooperation with financial institutions, beating the current price trend to reach new highs. With an average price of $1.70 for 2024, it can outperform the most recent price trend to reach new highs. The price tagline may change as the crypto market experiences another bullish trend before 2024.
Enjin Coin (enj) Price Prediction 2025
The number of users and adoption of ENJ could grow significantly with the right partnerships and innovations. The price could increase significantly if the market focuses on buying Enjin Coin. It can increase in price up to $2.84 by 2025. If the market declines, it is predicted that the ENJ will slightly turn around. 2025 may come to an end with an average price of $2.44, a minimum price of $2.37, and a maximum price of $2.84.
Enjin Coin (ENJ) Price Prediction 2026
It appears that by 2026, the price of Enjin Coin (ENJ) will have risen to a level resembling its previous all-time high. By that year, we might anticipate an average price of $3.55. If everything goes according to plan, we predicted that the maximum price of Enjin Coin in 2026 could reach $4.06. Of course, there is a chance that the market will crash after a protracted bull run, and this is typical for the cryptocurrency market.
Enjin Coin (ENJ) Price Prediction 2027
The maximum trading price of Enjin Coin may reach $6.04 in 2027 as a result of increased adoption and collaborations with other significant blockchain networks. If we keep it that way, the price points will be very in. If everything goes according to plan, we can anticipate a maximum price of $6.04 and an average price of $4.91 for 2027.
Enjin Coin (ENJ) Price Prediction 2029
Market volatility is what drives cryptocurrencies. The current pricing environment is difficult to predict and keep up with. In this context, a large number of crypto analysts are involved. The price predictions are accurate for the cited years. Consumers of cryptocurrencies are still concerned about the new regulations and bans. If the market experiences a strong bull run in 2029, the price of Enjin Coin could reach $11.78. Its average price in 2029 will be close to $10.26 because long-term investors are anticipated to hold it.
Enjin Coin (ENJ) Price Prediction 2030
The expected minimum price value of Enjin Coin by the end of the current year should be $9.90, according to the ENJ price forecast price and technical analysis. In 2030, the ENJ price is anticipated to cross an average price level of $10.24. In addition, ENJ’s price can rise as high as $11.79.
Analysts are confident that Enjin could be trading between $17 and $70 by the turn of the decade, although no one can predict with certainty what it will be worth by the end of 2030.
They predict that adoption of NFT technology, improvements to the Enjin network, and the performance of the overall crypto market will all influence the price of Enjin tokens during this time.
If You Want To Purchase ENJ In 2022, Is It Too Late?
Naturally, it’s still possible to purchase Enjin coin. 2022 might even be the best year to start investing in ENJ. The rationale behind this is that Enjin showed in 2021 that it could engage the gaming community, and with the introduction of Efinity, the Enjin ecosystem may experience further growth in 2022. WalletInvestor even says that ENJ is an “excellent long-term investment”, while some analysts are also giving positive sentiments to these crypto assets.
However, bear in mind that there is a high likelihood of volatility and that price predictions for crypto assets are not always accurate. It is advised to not base your investment choices primarily on price forecasts. Before you decide to invest in Enjin coin or other crypto assets, do more research.
Can Enjin Coin Get To $100?
Many cryptocurrency traders want to know if the Enjin token can reach $100 or not as the Enjin Coin is expected to surge dramatically in 2022. The ENJ Coin’s cap will reach $100 in 2030, according to our Enjin price forecast. However, there is no indication that the Enjin Coin will reach $100 in the next three to five years if you’re looking for the target price in the near term. However, nothing is impossibly impossible in the cryptocurrency market.
As we’ve seen in the past, a powerful bull or bear rally has the power to instantly demolish all price forecasts. The Enjin coin may reach its $100 target earlier than we predict thanks to new initiatives and community support. The value of the Enjin Token might also rise as a result of some fresh listings on prestigious exchanges.
Can You Pump And Dump Enjin Coin?
Due to its extremely volatile behavior, many traders have questioned whether Enjin Coin is a long-term investment or merely a pump-and-dump scheme. The Enjin is a promising project because of its support from the Metaverse, according to our analysis of the Enjin Coin’s prior performance. The same dump, though, is frequently pumped heavily by the Enjin Coin within a few days. With cryptos, it is typical.
With comparatively many new Altcoins, The Enjin is an older project. Enjin is a long-term player in the market, as we have seen on the numerous cryptocurrency forums. Enjin coin prices may increase dramatically in the coming years as a result of the Metaverse community’s work. To accurately project the future of the Enjin coin, we must wait a few more months.
How Can I Invest In Enjin Coin?
Enjin Coin has generated a lot of buzz in the cryptocurrency market as a Metaverse project. Finding the Enjin Coin won’t be difficult for you. Enjin Coin has recently been listed for public trading on a number of cryptocurrency trading platforms. Coinbase and Binance are two well-known brands.
The top cryptocurrency exchanges right now to buy Enjin are Binance, Coinbase, Kraken, Gemini, Huobi Global, CoinDCx, WazirX, Bitbns, KuCoin, Hotbit, OKX, and Gate.io. You can easily add Enjin Coin to your cryptocurrency portfolio by registering on such platforms. In addition, you can exchange ETH for Enjin Coin if you use the Metamask wallet.
Along with Enjin Price Prediction, we want to advise our readers to do as much research as they can before making any investments. Despite having a small token supply, Enjin Coin is an extremely volatile digital asset. Cryptocurrency prices fluctuate like roller coasters and can change rapidly. Before investing in Enjin or any other cryptocurrency, a risk analysis is necessary.
FAQs Of Enjin Coin Price Prediction
Is Enjin Coin Legit?
Like other cryptos, Enjin Coin is legitimate. While many cryptocurrency analysts question the legitimacy of New Coins, Enjin has the support of legitimate projects, making it reliable. Through CoinMarketCap, we discovered that Certik also audits the Enjin Coin. We can say that Enjin Coin is legitimate given the strong community support and constrained token supply.
What Is The Enjin Coin Contract Address?
The correct Enjin Coin contract address is provided below, which you can use to purchase Enjin on decentralized exchanges.
Enjin Coin Contract Address (Ethereum): 0xf629cbd94d3791c9250152bd8dfbdf380e2a3b9c
What Is The Future Of Enjin Coin?
Enjin Coin’s price potential to soar to new heights is exceptional. The value of ENJ is anticipated to rise. Experts and business analysts claim that until 2030, the price of Enjin Coin could reach a high of $14.81.
Is Enjin Coin Offered On Coinbase Or Binance?
New tokens are always helped by new listings to gain market traction and increase in value. Recently, many cryptocurrency exchanges, including Binance and Coinbase, listed Enjin Coin Coin. Enjin Coin trading is now available on Coinbase and Binance.
Is It Worth Buying Enjin Coin?
Numerous crypto experts have predicted that the value of Enjin Coin will rise. There are 1,000,000,000 Enjin tokens available in the Enjin Coin limited token supply, which is a reasonable amount. According to Enjin’s technical analysis and recent pumping, it appears promising. Remember always, though, that any investment carries some risk. The riskiest asset is cryptocurrency, which is also the most profitable.
Conclusion
The price of the Enjin Coin today does not predict what it will cost in the future. However, it depends on the factors that materialize during the market’s growth and development stage. The outcomes of those factors determine an ENJ’s future.
On the other hand, you could research the subject. Token owners can aid you in making a choice if you’re a first-time buyer in this market. It is difficult to predict the exact value of any one currency in advance due to the volatile nature of the cryptocurrency market.
The cryptocurrency ENJ has been around for a while and has done well so far. Enjin Coin investments can be wise, but you should wait for market crashes before making sizable bets.
