Enjin Coin (ENJ) Price Soars 60%, Volume Skyrockets 2,400%: What Happened?
Enjin Coin (ENJ) price has jumped over 60% in 24 hours, breaking out of a months-long downtrend with renewed momentum.
Keep up with what's happening in the crypto world in real-time.
Enjin Coin (ENJ) price has jumped over 60% in 24 hours, breaking out of a months-long downtrend with renewed momentum.
Cryptocurrency prices started the week well as traders and investors started to move back into the industry, pushing the total market cap of all coins to over $2.84 trillion. Bitcoin price jumped to $87,000 for the first time in over a week. That rally led to more gains in the altcoin market.
IOTA could ride the real-world assets surge and decentralized finance traction to gain. Meanwhile, as cryptocurrency prices rise amid Bitcoin's surge to $66k, altcoins such as Kava (KAVA) and Enjin (ENJ) could follow suit. Bitcoin spot ETFs record $366m in net inflows US spot Bitcoin ETFs saw $365.
Binance announces the suspension of ENJ token deposits and withdrawals for a network upgrade on September 9, 2024. Trading activities will remain unaffected.
Cryptocurrencies faced significant bearish pressure on Friday, with Bitcoin briefly dropping below the $58,000 mark, hitting $57,994. Although bulls quickly reclaimed the $58,300 level, the altcoin market bore the brunt of the decline, with Enjin, Dent, and EOS leading the downturn.
Enjin Coin (ENJ) has been navigating a turbulent period as bearish market conditions impact its price trajectory. As of the latest data, ENJ trades at $0.1812, reflecting a decline of 3.4% over the past 24 hours and a steep 39.9% over the past year.
What this project intends to achieve is beyond what we have ever seen. It connects you to lovely places, making the natural world accessible in VR.
In the competitive world of blockchain gaming tokens, 5thScape (5SCAPE) emerges as the top choice, outperforming Mantle Inu (MINU), Enjin (ENJ), and SuperVerse (SUPER). 5thScape's crypto gaming coin, which integrates augmented reality with blockchain technology, offers enhanced gaming experiences. This edge is driving its popularity and adoption among gamers and investors alike.
Major crypto exchange Coinbase has announced the disabling of trading for Metal DAO (MTL) and Enjin Coin (ENJ) on its platform. This action implies that users may no longer be able to trade MTL and ENJ on the Coinbase platform.
Leading crypto exchange Coinbase has announced what the market considers the worst news for Enjin Coin (ENJ) enthusiasts. The trading platform confirmed that it will suspend Enjin Coin on 14 June. The update stirred the markets, with many questioning the motive behind Coinbase's move.
In the cryptocurrency market, savvy investors keep an eye out for opportunities, especially during market dips. Recently, the MVRV (market-value-to-realized-value) ratio, has highlighted several cryptos as significantly undervalued.
Story Highlights The live price of Enjin is ENJ price is expected to hit a maximum of $0.56 by the end of 2024. With a potential surge, the price may go as high as $1.92 by the end of 2030. Non-fungible tokens (NFTs) gained huge popularity in 2020 and 2021 amongst the general public.
Blockchain developer Enjin has transferred 200 million non-fungible tokens (NFTs) to its own blockchain in an effort to boost up the usage of its network. In a blog post on Dec.
Atlas Development Services executive Oscar Franklin Tan told Cointelegraph that to avoid the gas fees for transferring 200 million NFTs, it took a different approach in the migration.
The crypto market entered into a strong recovery in mid-October as market participants showed notable excitement about the potential approval of the first Bitcoin spot ETF. This recovery continued in November and has recorded massive growth in a majority of major cryptocurrencies.
Enjin (ENJ) token has maintained a bearish stance since the 8 November rejection at the hurdle of $0.3277. It traded downward at $0.2829 at press time. While that capped the asset's upward actions, things seem to have changed, with on-chain indicators confirming increasing bull activity.
Story Highlights The current price of Enjin is ENJ price is expected to hit a maximum of $0.44 by the end of 2023. With a potential surge the price may go as high as $1.92 by the end of 2030. Non-fungible tokens (NFTs) gained huge popularity in 2020 and 2021 amongst the general public.
The cryptocurrency markets faced significant turmoil over the last two days, primarily due to the FTX sell-off. Cryptocurrencies witnessed a sharp decline, with the total market capitalization dropping by over 40% at one point yesterday. As of now, there's been a slight market rebound. However, amid this widespread downturn, certain tokens have bucked the trend.
In a groundbreaking move, Crypto.com has given its seal of approval to support Enjin's highly-anticipated debut. This exciting development will simplify the process of transforming Efinity Tokens (EFI) into Enjin Coin (ENJ), offering Crypto.com clients a host of enticing perks.
The cryptocurrency market remains turbulent, marked by widespread uncertainty, as most digital assets exhibit increased volatility. Indeed, the market is eagerly awaiting a significant catalyst that can potentially ignite a price momentum in the upcoming days.
In the dynamic landscape of the cryptocurrency market, Enjin finds itself at a critical juncture, grappling with fluctuating fortunes and an uncertain trajectory. Recent trading sessions have unfolded as a tug-of-war between sellers and buyers, resulting in a fractional 0.22% drop in Enjin's price over the course of the day.
Enjin (ENJ), the native token of the Enjin platform, has recently experienced a remarkable surge in its price, captivating the attention of investors worldwide. The coin's open interest has reached levels not seen since 2021, signaling a newfound enthusiasm for the cryptocurrency.
AI and metaverse tokens are taking hits despite the hype over artificial intelligence and Apple's Vision Pro headset reveal. CoinDesk Executive Director of Global Content Emily Parker breaks down the underperformance of tokens affected by the SEC's lawsuits against Binance and Coinbase.
Singapore-based Enjin, a pioneer in the blockchain ecosystem for Non-Fungible Tokens (NFTs) and digital assets, has launched the Enjin Blockchain.