3 reasons Enjin Coin price surged by over 30% in a single day
ENJ, the native token of the Enjin blockchain ecosystem, is up 31% in the last 24 hours, for three key reasons. The price of Enjin, the native token of the blockchain gaming and NFT-focused project, has surged by more than 30% in the last 24 hours.There are three major factors behind ENJ's strong short-term uptrend, namely the Coinbase listing, technical momentum, and the interest around JumpNet.ENJ price chart since December 2020. Source: TradingView.comCoinbase listing intensifies interest in EnjiThe price of ENJ has been on a gradual uptrend throughout the past month ever since the....
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Enjin coin became the first gaming cryptocurrency approved in Japan after clearing out the well-known tough country regulator’s requirements. The green light is possible through a partnership with Hashport. ENJ Is Set to Be Listed in Coincheck on January 26 According to the announcement, enjin coin (ENJ) was granted legal status by the Japan Virtual Currency Exchange Association (JVCEA), the country’s official crypto watchdog. The blockchain gaming platform said its token would be listed on Coincheck on January 26, 2021, allowing Japanese users to purchase it with Yen and trade....
New partnerships, the growing popularity of NFT art and the upcoming launch of JumpNet are just a few reasons why Enjin has rallied more than 800%. Nonfungible tokens (NFTs) have taken the world by storm as stories of record-breaking digital art sales now regularly appear on mainstream news outlets and popular culture. One project that has been well-positioned for years to capitalize on this growing trend is Enjin Coin (ENJ), whose co-founder Witek Radomski was also involved in the development of the ERC-1155 token standard, which enabled the creation of NFTs on the Ethereum (ETH) network.....
Cryptocurrency whales are now investing heavily on Enjin Coin. Cryptocurrency whale tracker WhaleStats reports a total of 28,551,132 ENJ coins are in the whales’ possession. Given that one token is now trading at a market price of $0.4141, this amounts to $11.8 million. In tandem with the whale frenzy on ENJ coin, the Enjin development team has also launched a beta version of their native wallet. More investors will get behind the idea and the coin if these trends continue. JUST IN: $ENJ @enjin now on top 10 by trading volume among 500 biggest #ETH whales in the last 24hrs 🐳 Peep the....
The asset recently received the blessing of the Japanese Virtual Currency Exchange Association. On Jan 19, Blockchain-based Enjin Coin (ENJ) became the first gaming cryptocurrency to be legally authorized for trade by the Japanese Virtual Currency Exchange Association (JVCEA).This coincided with a sudden 71% increase to the coin’s dollar value which occurred within just 9 hours, and saw the ENJ coin price jump from $0.236340, up to a 3-year high of $0.406356. ENJ/USD. Source: CoinMarketCap.com“Enjin Coin has been approved by the JVCEA and will be listed on Coincheck exchange, making it the....
PRESS RELEASE. SINGAPORE — EnjinStarter, a launchpad for blockchain games, has announced a strategic partnership with Enjin to accelerate growth of the Enjin ecosystem. EnjinStarter helps games and apps leverage Enjin’s non-fungible token (NFT) technology and infrastructure, specifically the gas-free JumpNet blockchain and Efinity, an upcoming Polkadot-based NFT parachain.
EnjinStarter has secured a seed investment from Enjin and is working closely with the team to accelerate adoption of Enjin’s infrastructure. EnjinStarter offers developers a virtual....