Enjin Coin Price Prediction: How High Will $ENJ Crypto Go?

Enjin Coin Price Prediction
Enjin Coin Price Prediction

Enjin (ENJ) is a PoS blockchain customized with NFT-specific functions at the protocol level, supported by an end-to-end, easy-to-integrate app layer. ENJ coin is the native token of Enjin blockchain, custom-built for NFT transactions at the protocol level, supported by seamless NFT no-code integration into games. How will it develop in the future? Read more about Enjin coin price prediction in the new StealthEX article.

Current Enjin Coin PriceEnjin Price Prediction 2025Enjin Coin Price Prediction 2030

Enjin Crypto Overview

Enjin is a technology business with headquarters in Singapore that offers support for blockchain game creators as well as services for creating gaming communities. ENJ offers a set of tools built on a web interface that works with ERC-1155 tokens, which are a type of digital asset used by Ethereum. In addition, Enjin runs an Ethereum-based marketplace for virtual products.

Users are given access to a dedicated marketplace where they can trade and collect uncommon NFTs, as well as the ability to manage NFTs and cryptocurrency using the Enjin wallet. The native Enjin coin (ENJ) token powers all transactions in the Enjin ecosystem, and the platform provides the capability of controlling all digital assets using a straightforward mobile app.

The most appreciable feature of Enjin is the smart wallets. This basic blockchain wallet brings together different games and applications. The wallets offer a wide range of features because they are the same; it has been installed over a million times. However, the Enjin crypto wallet is different from other smart wallets. These wallets put forward dedicated subscription services that enable the server owners to run tile-limited services. For example, the server and community owners can offer time-limited services to the users where they can access the web content. In addition to this, the smart wallets confirm a connection between every user account across every trustworthy platform.

ENJ Coin: NFTs for Everyone and More

ENJ, introduced by Enjin in 2017, is a token that works with ERC-20 and can be transmitted or received using an Ethereum wallet. When buying, selling, or trading NFTs utilizing the various Enjin products, ENJ is primarily employed in these transactions.

Aside from its primary usage and its ability to interface with numerous gaming platforms, ENJ may be used and traded on cryptocurrency exchanges just like any other cryptocurrency. ENJ enables players to keep distinctive game objects like characters or accessories in the form of custom tokens, which can subsequently be liquidated for ENJ when necessary. This is done in consideration of the widest possible range of use cases in the gaming industry.

ENJ Coin Price History

Current Price$0.2235
Market Cap$223,488,310
Volume (24h)$21,003,971
Market Rank#115
Circulating Supply1,000,000,000 ENJ
Total Supply1,000,000,000 ENJ
1 Month High / Low$0.2803 / $0.2167
All-Time High$4.85 Nov 25, 2021

Enjin coin hit the market trading at $0.02 (dipping shortly to $0.017) after the conclusion of its ICO at the start of November 2017. ENJ’s price broke $0.03 in the first week of December before picking up momentum to surge sharply a week later, and then again at the start of January 2018. This took Enjin up to a peak of $0.43, representing an increase of around 1,850% from its starting price.

Ten days later Enjin coin price had crashed 60%, back down to $0.16. There were another couple of attempts to rally in the first quarter of 2018, but they couldn’t find enough momentum to get ENJ close to its previous highs. From May onwards, ENJ was in steady decline and ended the year trading at $0.04 – a 90% fall from its peak in January.

The first couple of months of 2019 traded mostly sideways before a surge at the end of February and the beginning of March saw ENJ price rise by 500% to reach $0.22. This level couldn’t be sustained, however, and Enjin spent the rest of the year moving gradually downwards, finishing 2019 with a value of $0.08.

ENJ’s all-time high price as of December 2021 was $4.82. This occurred after Enjin announced the creation of a $100 million fund to assist initiatives inside its ecosystem. Some of those initiatives, along with other games and services, will be on its more recent Efinity blockchain.

Enj gained popularity in January 2021 after becoming the first gaming cryptocurrency to be authorized for use in Japan by the Japan Virtual Currency Exchange Association (JVCEA). Enjin Coin is currently available for purchase with yen on the Coincheck market in Japan.

But when Enjin launched its Efinity network in March 2021, there was a greater upsurge. Users can earn a brand-new EFI token by investing in ENJ, which is the money used to validate transactions on Efinity.

Enjin Coin Price Chart  

Enjin Coin Price Chart

ENJ Price History. Source: CoinMarketCap, 27 September 2023

Enjin Coin Price Prediction

ENJ Price Prediction 2023

DigitalCoinPrice experts believe that by the end of 2023, the $Enjin price won’t change drastically: they expect that the minimum price of ENJ coin might drop to $0.20 (-9%), while its maximum price may go up to $0.48 (+117%).

WalletInvestor crypto experts give an exceptionally broad price prediction for ENJ crypto until the end of 2023. They believe that the coin may drop in price to $0.000001 (-99%), or rise in price to $0.654 (+197%).

PricePrediction crypto analysts think that in 2023 Enjin coin will fluctuate within more or less the same price range. According to their calculations, the expected maximum price of ENJ will rise to $0.36 (+63%), and it may also drop to a minimum of $0.34 (+54%).

Enjin Coin Price Prediction 2024

According to DigitalCoinPrice, ENJ crypto won’t make an enormous leap in price, however, their analysts believe the cryptocurrency will become more expensive. Based on the experts’ forecasts, in 2024, Enjin coin might go as high as $0.57 (+158%) per coin at its highest point. Its minimum price might go as low as $0.47 (+113%).

WalletInvestor believes that by 2024 ENJ crypto might still be at its lowest price levels: it promises that the coin’s minimum price will hover around $0.01023 (-95%), while at its peak it might reach $0.03069 (-86%).

PricePrediction believes that the price of ENJ will gradually rise. According to their website, in 2024 ENJ crypto might reach $0.60 (+172%), and it may also drop to a minimum of $0.51 (+131%), which is undeniably higher than its current price level.

Enjin Price Prediction 2025

DigitalCoinPrice experts believe that in 2025, ENJ will continue to steadily rise in price. Based on their forecasts, ENJ crypto might go as high as $0.8 (+263%) per coin at its highest point. Its minimum price might go as low as $0.65 (+195%).

WalletInvestor believes that by 2025 ENJ crypto will stay at its lowest price level, recovering only a little: it promises that the coin’s minimum price will hover around $0.0243 (-88%), while at its peak it might reach $0.0730 (-66%).

According to PricePrediction, ENJ crypto will gradually rise in price and that will definitely cost more than it does now. The website claims that the expected maximum price of ENJ coin at the end of 2025 will be $0.89 (+304%), and it may also drop to a minimum of $0.75 (+240%). 

Enjin Coin Price Prediction 2030

DigitalCoinPrice crypto analysts think that by 2030, Enjin coin will be making some progress in terms of price: its minimum price might hover around $2.15 (+876%), while its maximum price will go as high as $2.26 (+926%).

According to Telegaon forecasts, ENJ crypto has a great potential: in 2030, the highest price Enjin may reach is $75.52 (+34,196%) per coin. It can also drop in price to a minimum of $65.04 (+29,436%) per coin.

PricePrediction experts believe that by 2030 ENJ crypto will rise in price even further: it promises that the coin’s lowest price will hover around $4.84 (+2,098%), while at its peak it might reach $5.69 (+2,484%).

ENJ USDT Price Technical Analysis     

ENJ USDT Technical Analysis

Source: Tradingview, Data was taken on September 27

Now that we’ve seen what the future can bring for Enjin coin, let’s find out a bit more about what crypto experts have to say about it.

Enjin Coin Price Prediction: Experts’ Opinions

Enjin Coin (ENJ) was added to the Binance proof-of-reserves, which caused much excitement in the Enjin Coin (ENJ) community, which seems like a good sign for the majority of crypto experts.

As early as 2021, some crypto analysts believed that Enjin has a bright future. ’Many of the players use this contract for in-game characters and items. They have been working with Microsoft on a few projects including Minecraft the game. Enjin can be considered a bluechip token in the NFT infrastructure space and something to keep an eye on for the near future,’ Ishan Arora, Partner, Tykhe Block Ventures commented. Meanwhile, analysts like Coinpedia believe that by 2030, Enjin will rise in price to reach $1.32-1.92.

Factors Affecting Enjin Coin (ENJ) Price

When ENJ crypto raised in price in 2021, there were three major factors behind ENJ’s strong short-term uptrend, namely the Coinbase listing, technical momentum and the interest around the release of Efinity and JumpNet. Judging by that, we can assume that in the future, just like any cryptocurrency Enjin is going to be affected by new developments in its ecosystem, new integrations, a wider use of gaming platforms, and, perhaps, a probable bullish market in 2024.

Enjin Nova Wallet

Risks and Opportunities

Many cryptocurrency investment risk management requires an estimate of the probability of extreme price changes due to high crypto volatility, and Enjin coin is no exception. ENJ is used to infuse digital assets like NFTs. It powers NFTs as they move across games, apps, marketplaces, and wallets. Every asset minted contains ENJ, giving it real-world value that can be retrieved at any time through ‘melting.’ If the gaming field were to expand, it would lead to the ultimate leap in price for the ENJ coin.

One of the benefits of this cryptocurrency is the Enjin Coin community that is passionate about the intersection of gaming and blockchain. With a dedicated and active community, ENJ holders have access to a network of like-minded individuals who share their enthusiasm for gaming and cryptocurrency, and this, in turn, can significantly influence the price. However, as with any crypto asset, investing in Enjin coin involves certain risks.

Is Enjin a Good Investment?

Because of the strong team behind ENJ coin, the good use case, well-designed tokenomics, vibrant community, and active market, Enjin does have a larger possibility of going up than down. Nonetheless, it’s best to do your own research before buying.

Can Enjin Coin Reach $10?

Based on the majority of forecasts, Enjin coin could reach $10 within 10 years.

Will Enjin Reach $100?

Yes, it is possible that Enjin coin can reach $100 but only in the distant future, long after 2030.

Can ENJ Reach $1000?

If ENJ were to grow at a rate of 25% each year, it would take about 37 years to reach $1000.

What Will Enjin Coin Be Worth in 2025?

According to PricePrediction, the coin may fluctuate between $0.75 and $0.89.

How Much Will ENJ Crypto Cost in 2030?

PricePrediction believes that the coin’s lowest price in 2030 will hover around $4.84, while at its peak it might reach $75.52.

How Much Is 1 ENJ in Dollars?

The current ENJ price is $0.2235 (Sep 27, 2023).

How to Buy Enjin Coin?

StealthEX is here to help you buy Enjin crypto if you’re looking for a way to invest in this cryptocurrency. You can swap ENJ coins privately and without signing up for the service. StealthEX crypto collection has more than 1400 different coins and you can do wallet-to-wallet transfers instantly and problem-free.

Just choose the amount and coins you want to swap, click Start Exchange and get $ENJ into your wallet!

Buy ENJ Coin

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Don’t forget to do your own research before buying any crypto. The views and opinions expressed in this article are solely those of the author.

Tags: crypto price prediction ENJ Enjin price analysis price prediction
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