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Contrary to the wider market sentiment, Enjin Coin [ENJ] persevered by sticking to the bullish run it was on since the first week of the new year. According to CoinMarketCap, top-ranked assets, including Bitcoin [BTC] and Ethereum [ETH] shredded gains from the previous day.
Enjin Coin is on fire with 24% daily growth to print new 30-day high
Similar to the majority of major cryptocurrencies, the Enjin coin price witnessed a sustained recovery in the first two weeks of 2023. The coin price has rallied 72.5% since January 1 and currently trades at the $0.39 mark.
Prominent market analytics firm Santiment says that a trio of altcoins is showing healthy signs moving into 2023. According to the crypto intelligence firm, interoperability blockchain Quant (QNT), metaverse protocol Decentraland (MANA) and Ethereum-based (ETH) gaming blockchain Enjin Coin (ENJ) may have bright futures ahead of them.
The entire crypto market felt the wrath of the bear market in the whole of 2022, and as expected, Enjin Coin [ENJ] was not left out of the aftereffect.
Both ENJ and IMPT are making a lot of lists of high-potential projects, but there's a newcomer that generates the most buzz.
The metaverse is the next big technology platform. But don't just take our word for it: this is a direct quote from Bloomberg, which predicts that the metaverse will be an $800 billion market by 2024.
The crypto market looks to be positioning for a bull market across the metaverse sector and the battle is coming for the best metaverse token. Metacade (MCADE) and Enjin Coin (ENJ) are two names that will be on investors' minds as user adoption in virtual worlds heats up.
The bear market has been particularly brutal in the past week with the entire market being dragged down. However, there are still some projects that are outperforming the market. Take Orbeon Protocol as an example, which is expected to 60x coming out of its presale phase.
A mix of stablecoins, popular cryptocurrencies, and new projects to boost your ROI.
Metaverse bridges the gap between the real and virtual worlds via innovative technologies. While many think that crypto and metaverse are inter-linked; the important question remains is it really so?
2022 has seen a brutal bear market for crypto. But that also means that projects could moon from their now-low prices. In fact, Decentraland, Enjin Coin, and Orbeon Protocol are three tokens that could rise by 10x before the year ends. You haven't missed the boat.
Thousands of cryptocurrencies and blockchain projects are launched periodically. While some of these projects stagnated and lost potential, many have provided long-term opportunities for holders and investors.
The 2022 bear market has been devastating for crypto investors. However, there are several metaverse tokens that should reap major rewards in the years to come. Decentraland (MANA), The Sandbox (SAND), and Enjin (ENJ) are established metaverse tokens that should 10x during the next bull market.
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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.
Enjin Coin, a project of Enjin that provides an ecosystem of interconnected, blockchain-based gaming products, witnessed significant volatility in the past few months. Despite suffering constant losses in this bear market, the ENJ team continued to develop and improve upon their technology.
BudBlockz ($BLUNT) is a cryptocurrency powered marketplace for the cannabis industry. It will also release an exclusive NFT collection known as Ganja Guruz that will provide many benefits including discounts and fractional ownership for its users. Many analysts have predicted a quick price rise for the $BLUNT Token since it has many diverse use cases.
Investors appear to be losing interest in Metaverse-related tokens as only one among the top 10 crypto assets in the niche has recorded a positive performance in the last 30 days. The post Top 10 metaverse tokens tank as interest wanes appeared first on CryptoSlate.
The year is rounding up, and investors in the blockchain industry have seen the cryptocurrency marketplace value drop exponentially. Although the industry is on a downward slope, there are still some cryptocurrencies that are worth investing in before the end of 2022.
Enjin Coin (ENJ/USD), Gala (GALA/USD), and BORA (BORA/USD) are some of the best gamefi tokens you can get this October. Enjin is one of the largest gamefi projects out there; on October 12, 2022, Coins.ph reported that ENJ is widely distributed and has 172,000 unique wallet addresses holding ENJ.
With the crypto market showing some signs of revival now, this article will dwell deeper into three projects - Enjin (ENJ), Binance (BNB), and Chronoly (CRNO) - and evaluate why they all are performing differently. Enjin (ENJ) is not in its best health as its prices are going down continuously, while Binance (BNB) has successfully posted some positive figures after a long phase of downfall.
What are the significant cryptocurrencies on which well-known games are based? What are the top 5 gaming tokens?
Enjin Coin [ENJ] has been able to grab the attention of Ethereum [ETH] whales considering the accumulation levels in the last few days. While there had been no significant development around the ERC-115 token, it seemed to have excelled in this regard.
