How to Buy Enjin (ENJ) – Invest with Low Fees Today

Enjin is a blockchain-based gaming platform that has combined non-fungible tokens (NFTs) with the gaming industry. Game developers can use the Enjin platform to create video game items in the form of NFTs, a new way for game designers to earn profits. Players can also benefit from selling these in-game items on the NFT marketplace.

Each in-game item created on the Enjin platform has real intrinsic value as it costs Enjin tokens to mint an NFT on the network, which is then locked into the gaming NFT. Gamers can also decide to melt/delete their NFTs, which will recover the Enjin tokens that were locked in the NFTs.

How to Buy Enjin (ENJ)

Best Places to Buy Enjin (ENJ) in December 2021

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320.2953ENJ

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How to Sign Up at eToro

If you need more information on how to buy Enjin (ENJ), the first step is to open an account with a broker company. As Enjin (ENJ) is listed on the Blockchain network, finding a broker with access to the blockchain is crucial. Some of the most prominent crypto brokers in the United Kingdom have been mentioned above. We recommend eToro as it’s the easiest to buy Bitcoin on, which can then be used to buy Enjin (ENJ).

Step 1: Open an Account

The first step is to open the eToro website and then register for a trading account by clicking on the “Join Now” button at the center of the screen. Enter your:

• Full name
• Nationality
• DOB
• Address
• Contact Details
• Username and Password

How to Buy Enjin (ENJ)  – Sign up on eToro

Visit eToro

Step 2: Upload ID

eToro will then require you to verify the provided identity with a copy of your driver’s license or passport to comply with government regulations. A copy of the utility bill or bank account statement will also be required to verify the provided address. The verification will then automatically happen once the documents are uploaded.

Step 3: Make a Deposit

The minimum requirement for opening an account with eToro is $50, which can be deposited through various methods, including:

• Debit cards
• Credit cards
• Bank transfers
• Skrill
• PayPal
• Neteller

eToro doesn’t not charge any deposit fees. This is less expensive than some of its key competitors, such as Coinbase, which charges 3.99 percent to buy Bitcoin with a debit card.

How to Buy Enjin (ENJ) on eToro

Furthermore, there is no transaction cost if you are a US resident depositing funds through a USD-backed payment method. The minimum deposit is $50 for residents of the United States and $200 for most other countries.

Fortunately, eToro has recently added Enjin (ENJ) to their product offerings, and you can trade it just like all the other cryptocurrencies. It means all the major altcoins are now available under one roof, and you don’t need to go somewhere else.

Step 4: Search for Bitcoin

At this stage of our step-by-step guide, you should now have an eToro account that is funded. Now it’s time to buy Enjin (ENJ). The easiest way of doing this is to enter ‘ENJ‘ into the search box at the top of the page.

• The process starts with logging into the account by entering the username and password.
• Type Enjin or ENJ in the search box. 
• The popped-up search results will bring forward a list, and investors will have to click on the desired cryptocurrency.

How to Buy Enjin (ENJ) on eToro

Step 5: Buy Enjin (ENJ)

You can now buy Enjin (ENJ) simply by typing the amount you want to invest in the ‘Amount’ box ($25 minimum).

How to Buy Enjin (ENJ) on eToro

Then, click on the ‘Trade’ button and enter the desired amount of money you want to invest in the shares. Finally, clicking on ‘Open Trade’ will execute the function, and investment in Enjin (ENJ) coin will be made successfully.

Best Broker to Buy Enjin (ENJ) in the UK

eToro is a well-known fintech firm and social trading broker that was founded in 2007. Toro provides UK clients through a unit registered by the Financial Conduct Authority (FCA), and Australians through a business regulated by the Australian Securities and Investment Commission (ASIC). All other customers are served by a Cyprus-based subsidiary governed by the Cyprus Securities and Exchange Commission (CySEC).

eToro does not have a stock exchange listing, does not publish its annual report on its website, and does not have a bank parent. eToro is regarded as safe because its UK and Australian subsidiaries are authorized by top-tier financial authorities, and it is a well-known fintech firm.

eToro introduced two intriguing new assets on the eToro platform on July  26, 2021 — Maker (MKR) and Enjin (ENJ). The two Ethereum-based coins have several intriguing applications. Brush up on their features and then head over to eToro to invest!

Initial Deposit

The minimum investment of $50 means that investors can enjoy the leverage trading facility. In simple words, investors have a chance to own a fraction of a share if they want, and they can also buy shares worth more than the amount deposited through CFD.

Copy trading is also a feature provided by eToro to its customers, which can help beginner traders mirror an experienced investor’s portfolio.

Various Payment Options

Traders can use various payment methods through credit/debit cards, bank transfers, or e-wallets like PayPal, Skrill, VISA, or Neteller. Another exciting service offered by eToro is that investors can also buy and sell a fraction of stocks. For all newbies, it means traders can buy a fraction of stocks and have no need to buy a single share of a company with their share trading account eToro.

Regulation

eToro is regulated in the United Kingdom (UK) and worldwide, holding licenses from the ASIC, FCA, and CySEC. In addition to this, eToro is a member of the Financial Services Compensation Scheme (FSCS) that protects the first £85,000 of investors’ funds in case of the broker’s bankruptcy.

Buying and selling on eToro can be done online as well as on mobile devices through their application. The opening process of an eToro account is straightforward and takes about a couple of minutes. The payment can be deposited in various ways, including debit/credit cards, e-wallet, bank transfer, and Paypal.

Pros & Cons of the eToro platform:

Visit eToro

2 – Binance

Binance is without a doubt the greatest eToro alternative. Binance is the world’s largest cryptocurrency exchange by daily transaction volume, with over $20 billion in deals per day. It gives you access to hundreds of assets and a smooth trading service that makes it simple to make money.

The advantages of Binance are pretty astounding. The trading commission is a flat 0.075 percent, which is extremely low. Expert traders can use sophisticated tools, including futures and margin trading, and the exchange offers a variety of deposit and withdrawal methods. When you combine this with Binance’s high liquidity, it’s easy to see why it’s so popular.

Binance, on the other hand, is a crypto-only exchange. The exchange also charges high credit card transaction fees, and the primary portal isn’t particularly user-friendly. Furthermore, the Binance interface is not particularly user-friendly for newcomers. The charts and menu options may be bewildering for first-time Enjin (ENJ) buyers. Bitcoin BTC and Ethereum ETH are the most convenient cryptocurrencies to deposit.

On Binance, both BTC and ETH can be exchanged for Enjin (ENJ) since Nov 03, 2017. The ENJ/BTC and ENJ/ETH trading pairs are available on Binance therefore, you can start depositing and trading ENJ now.

Pros & Cons of the Binance platform:

Visit Binance

5 – Coinbase

Coinbase is among the most well-known cryptocurrency exchanges in the United States, and it’s one of the world’s largest. Nevertheless, keep in mind the hazards of trading these speculative currencies. Coinbase, the largest cryptocurrency trading platform in the United States, was founded in 2012 in San Francisco.

Coinbase has supported 1inch (1INCH), Enjin Coin (ENJ), NKN (NKN), and Origin Token (OGN) on Coinbase.com and in the Coinbase Android and iOS apps since April 10, 2021. Customers of Coinbase can now buy, sell, convert, transmit, receive, and store 1INCH, ENJ, NKN, and OGN. With the exception of 1INCH and ENJ in New York State, 1INCH, ENJ, NKN, and OGN are available in all Coinbase-supported locations. Coinbase Pro also supports trading in 1INCH, ENJ, NKN, and OGN.

Coinbase became the first crypto trading company in the United States to be listed on a US exchange in April, with an IPO valued at roughly $86 billion. While bitcoin brokerages are not covered by the Securities Investor Protection Corporation or SIPC, Coinbase covers its site for any losses incurred due to theft or hacking.

Pros & Cons of the Coinbase platform:

Visit Coinbase

What is Enjin (ENJ)?

Enjin is a blockchain-based gaming platform that has combined non-fungible tokens (NFTs) with the gaming industry. Game developers can use the Enjin platform to create video game items in the form of NFTs, a new way for game designers to earn profits. Furthermore, players can also benefit from selling these in-game items on the NFT marketplace in Enjin.

Enjin was established in 2009 by the CEO, Maxim Blagov, and CTO, Witek Radomski. The company was created as a for-profit company that first started as a community gaming platform. They organically grew their platform to over 20 million users, and since its creation, the company’s team has been busy developing its platform to gain new users.

The company has also secured significant partnerships with developers like Atari and Microsoft. Recently, the company has also released its Efinity Blockchain, which makes NFT transactions much cheaper.
Enjin has been gaining a lot since the boom of NFTs in 2019. The unique features of the Enjin network have a great impact on the NFT space. In fact, the CTO of Enjin also coded one of the first NFTs back in 2017.

The power and premise of NFTs in the Enjin ecosystem can be imagined as a virtual world where game items like hand grenades can be collected, traded, and sold between players from one game into another freely. It can be said that Enjin is to gamers what Shopify is to retailers and WordPress is to bloggers.

Enjin is a massive ecosystem that enables the creation of gamer forums with support for digital marketplaces, chat, e-commerce, and more. The best thing about using the Enjin platform is that there is no need to build and maintain any blockchain infrastructure or write blockchain-related code to create and manage blockchain games.

Performance of ENJ

Enjin Coin (ENJ) is an Ethereum-based cryptocurrency used to back the value of next-generation fungibles and NFTs. ENJ is not only a fungible ERC-20 token on the Ethereum blockchain, but it also supports the ERC-1155 smart contracts, which means it can be both fungible and non-fungible.

Enjin coin had its ICO in 2017, and it was a remarkable entry into the market as it raised as much as $23 million in just 24 hours of launch. The coin went live on the market in 2018 with a rate of 6,000 ENJ per ETH token. In terms of the US dollar, ENJ began its trading at about $0.02. The maximum total supply of Enjin coins is 1,000,000,000 ENJ/1 Billion ENJ.

Approximately 80% of the total supply was sold, and the remaining 20% was divided among the founding team, the company, and investors. The company raised about $35 million when the private toke was sold.

ENJ is listed on many well-known exchanges like Binance, OKEx, Upbit, FTX Spot, Coinbase Pro, Huobi Global, HitBTC, Kucoin, DrangonEx, LATOKEN Gate.io, and UniSwap v3. The trading pairs include BTC, ETH, USDT, and fiat currencies like KRW and USD, which show adoption in Korea and the United States.

The ENJ token remained in a consolidation phase in its initial 2-3 years. However, with the start of 2021, the coin surged exceptionally. This year has been very successful for the Enjin token as the coin has seen a growth of more than 1,157% in just nine and a half months. ENJ coins reached an all-time high of $3.64 in April 2021, and they are currently trading at $1.63. The Coinbase listing triggered a rally in the ENJ token in April.

eToro is a professional and leading trading platform in the US, and the listing of ENJ on this gave a significant boost to its price, which drove it to its ATH level. Since then, the token has been declining mainly because long-term investors tend to take advantage of these dips to continue accumulating ENJ tokens, as it is the leader in the blockchain gaming space.

Is it Worth Buying Enjin (ENJ) in 2021?

Enjin’s price has surged more than 10X since January of this year, and many investors are wondering if ENJ is a good investment. After years of trending sideways, Enjin has started its bullish rally, which is likely triggered by the NFT boom. The trend of buying NFT apes for millions of dollars prompted investors to look at the platforms used to create them. It is an Ethereum-based blockchain that aims to bridge the gap between blockchain technology and video games.

Enjin aims to position itself as the de-facto platform to create tokenized video game assets by capitalizing on the gaming and NFT sectors. Both of these sectors are only growing and have great future potential ahead.

With blockchain games becoming increasingly common, it is expected that many big triple-A titles will begin experimenting with tokenized items for games. Enjin promotes a healthy in-game economy where users and developers can earn money buying, selling, trading, and melting in-game items. This way of earning through blockchain and games is considered more secure than traditional cryptocurrency trading, where the risks are massively high due to fraud, hackers, and strict regulations.

The increased popularity of NFT and gaming, along with the secure earning feature of the Enjin blockchain, could prompt large game houses to begin implementing blockchain technology, which will push the prices of ENJ further to the upside.

Will the Price of Enjin (ENJ) Go Up in 2021?

Yes, it is not strange to expect that the price of ENJ will move upward in 2021 and beyond, as the trend of in-game items is growing rapidly. Developers will likely continue to use the platform to make blockchain games that could give them a secure income, which will increase the utility of Enjing and push its token prices higher.

Furthermore, the year 2021 is the year of NFT, as people are making hundreds and thousands of dollars by holding digital arts just for minutes. With the growing popularity and demand for NFTs, platforms that create them are also getting significant attention, including Enjin. 

Today, ENJ is directly backing the value of billions of next-generation blockchain assets. The Enjin ecosystem provides instant liquidity to NFTs, giving owners peace of mind that their digital art will always have guaranteed real-world value that can be extracted.

Enjin (ENJ) Price Chart – Coinmarketcap 

Meanwhile, the latest upgrade of the Enjin network, named JumpNet, has also encouraged many developers to adopt the Enjin platform as it provided a layer-two scaling solution to the project, which eliminated gas fees and supported NFTs from any other blockchain.

Traders are also bullish about the project due to the Efinity upgrade, a next-generation blockchain for NFTs. Efinity introduced a new level of futility for ENJ i.e., staking. ENJ coin holders can stake their coins and earn passive income using Efinity’s token EFI.

Economy Watch – The price of Enjin is expected to target $2.50 by the end of December, and by the beginning of 2022, ENJ could reach $3.50.

Cryptopolitan – Enjin price outlook suggests the maximum price for December 2021 will be $1.56859, while the minimum price for the month is anticipated to be $1.06664 with an average price of $1.25488.

NewsCrypto – Enjin’s short-term price outlook is negative, but the coin has good chances of reaching $3.80 by the end of this year.

How to Choose the Right Crypto Broker

Given the abundance of brokers from whom to purchase Enjin (ENJ), you must make the best option possible. Consider the following aspects while looking for the best broker for you:

1. Charges

What is the relevance of selecting a low-cost broker when trading cryptocurrencies like Enjin (ENJ)? Because costs can easily add up. Before choosing a trading platform, get a breakdown of the broker’s fee structure. Withdrawal and deposit fees, transaction fees, and trading fees should all be mentioned.

2 – Security

To prevent unauthorized access to your money, the right broker should have suitable safety and security measures in place.

3. Assistance

A reputable broker will also have a robust customer service staff to help you with all of your needs.

4. Deposit Alternatives

You want to be able to deposit as many funds as possible. There are always numerous options, ranging from bank transfers to credit cards to payment processors. Just keep in mind that each one has its own set of costs.

When you’re considering an investment, follow these things:

Every cryptocurrency comes with risks, and this is especially true in the case of Enjin (ENJ). So, whenever you invest, it is important that you don’t get drawn into FOMO. Apart from following others, you must conduct your own research before investing in any digital asset.

1 – Research, research, research: Before investing your money, good and comprehensive research about the product must be done to avoid risks associated with them.

Here are the different methods we looked into:

• Investigating various forms of social media.
• Speculating on what’s to come.
• Learn the essentials by doing some research.
• Discover what’s hot right now in the world of trending topics.
• Make use of the strength of specialized forums.
• Attend crypto gatherings.
• Keep an eye on the number of transactions.

Monitor the market: Monitoring the market is a second step in knowing more about your selected product or digital asset. The market could move in a different direction from your expectations, and keeping your calm when the market is moving in another direction is also an essential factor. The best way to monitor the market is to go through the review sites and recommendations on them.

Buying Enjin (ENJ) as a CFD Product

Contracts for differences (CFDs) are derivatives that allow you to speculate on multiple financial markets without owning the underlying asset. It is widely used in established markets such as foreign exchange currency pairings, stocks, bonds, indices, and commodities.

Trading CFDs entails more than simply buying and selling; it also entails agreeing to swap the difference in an asset’s price when the contract is opened and expires.

CFD trading has made its way into the cryptocurrency industry, and Enjin (ENJ) is now available as a CFD product. If you’re having trouble understanding bitcoin trading and where to keep your crypto funds, you may use CFDs to profit from Enjin (ENJ). We recommend trading Enjin (ENJ) CFDs on the Binance or Coinbase platforms since these are regulated and allow you to choose from various analytical tools.

Taxation on Enjin (ENJ) Earnings:

As the cryptocurrency market is still new and finding its ground, regulatory agencies, including the SEC, are looking to regulate this industry. Furthermore, the Internal Revenue Services have been trying to set up a tax regime for cryptocurrencies. Currently, cryptocurrencies and digital assets are treated as properties and fall under the capital gain tax bracket. However, in certain situations, some earnings from cryptocurrencies are also considered income and fall under the income tax bracket. The following are the taxable events that qualify for capital gains and income taxes when trading digital assets.

The Internal Revenue Service (IRS) issued IRS Notice 2014-21, IRB 2014-16, providing guidance for individuals and corporations on the tax treatment of virtual currency transactions. Individuals who have bitcoin as a capital asset but are not in the trade or business of selling cryptocurrency might find answers in the IRS’s Frequently Asked Questions on Virtual Currency Transactions.

Profit is referred to as gain in the tax world. It’s the difference between your tax basis (typically what you bought for the shares plus transaction charges) and the amount you get when you sell or exchange them.

Taxable events that are considered property gains tax in the US:

• Exchanging your cryptocurrency for fiat money

• Making purchases with crypto.
• Swapping one cryptocurrency for another – whether through an exchange or a peer-to-peer (P2P) channel – is common.

Taxable events that are considered income taxes:

• Block rewards from cryptocurrency mining

• Crypto assets are earned from liquidity pools (LPs) or staking.

• Receiving crypto for services rendered

• Getting crypto from an airdrop

• Earning interest from lending to decentralized finance (DeFi) platforms

Be aware that you can write off your capital gains tax through losses incurred from trading. You can also save up to $3,000 of your income taxes, depending on how long you have held on to an asset.

Taxation on Enjin (ENJ) 

Calculating Your Capital Gains Tax

The crypto market has seen exponential growth in the past year, and government agencies are trying to take knowledge of it. Given the recent spike in the non-fungible token (NFT) sub-sector, the IRS is also looking to get a piece of the crypto pie. Two things largely decide the number of capital gains tax rates for cryptocurrencies, first, your income tax bracket, and second, how long you have held on to your crypto asset. This will help you calculate your:

a.) Capital Gains on Short-Term Investments

The short-term capital gains tax largely depends on how long you have been trading or holding cryptocurrencies. If you have made gains or losses from trading or holding crypto for less than a year, you will be taxed under your normal tax bracket. Losses you incur for that trading year can prove useful. Leveraging on a tax-loss harvesting strategy, you can write off up to $3,000 of your taxes. You also enjoy the privilege of post-dating your taxes to the next year.

b.) Capital Gains on Long-Term Investments

Long-term capital gains apply if you have been trading cryptocurrencies for upwards of a year. You will pay taxes between the range of 0 to 20% depending on your income. We have itemized the income tax brackets on this link.

Automated Trading With Robots

A trading robot is a computer program that, on a computerized basis, executes all of the activities of a professional trader on an exchange. The computer software is a fully automated version of tried-and-true trading techniques. Regardless of the direction in which asset values are moving, robots tend to outperform humans during periods of substantial market volatility. This is because they rely on trading strategies that are meant to generate profits even when the market is down.

In addition, the most successful bitcoin bots in the world are known for their lightning-fast research and execution. As a result, they can complete a huge number of transactions every day and thereby take advantage of any trading opportunities that arise.

Trading Enjin (ENJ) can be a difficult profession for anyone, and there is no assurance that your market analysis will result in a profit. There are other sure ways to grow your capital with little to no effort to get around this problem. Ideally, the bots make a profit, and that profit is bigger in risk-adjusted terms than if you had just bought and held the same coins throughout.

However, trading bot software is unregulated, so you should only deposit funds into bots that you can afford to lose. Our review team has a vetting system to help filter out genuine trading software from the rest. Some of the notable trading robots that we’ve reviewed include:

• Bitcoin Miner
• Bitcoin Prime
• Bitcoin Trader
• Cryptosoft

Enjin (ENJ) Mining: Can You Mine Enjin ENJ?

No, ENJ cannot be mined; however, it can be destroyed when the users create custom ERC-1155 assets.

Decreasing Risk in Enjin (ENJ) Investment:

Every investor must find strategies to protect oneself from large losses. If you wish to limit your risks, follow these guidelines:

• Risk-adjust your portfolio: You should always maintain a well-balanced investment portfolio. To reduce the risk of adverse price swings, use financial instruments strategically. Investors, on the other hand, hedge one investment by exchanging it for another.
• Use a stop-loss order: A stop-loss order is used to limit an investor’s loss in the event of an unfavorable move in a security position. If you utilize a stop-loss order, you don’t have to monitor your holdings on a daily basis. A stop loss is an investor’s best friend. Make a note of it and follow through on it. When investing, you’ll want to know when to withdraw your money if things don’t go as planned.
• Set a target: Take-profit orders are useful for short-term traders who want to manage their risk. This is due to the fact that they can leave a transaction as soon as their predetermined profit target is fulfilled, so avoiding the risk of a market collapse. Such orders are disliked by long-term traders since they lower their profits.
• Use numerous exchanges: To minimize risk in cryptocurrency trading, I use multiple exchanges, hardware wallets, and invest in a variety of narratives (Oracles, Defi, or insurance). To reduce risk, only trade when truly powerful patterns appear or when a coin has reached its bottom.
• Fundamental and technical analysis: When it comes to investing, I prefer to concentrate on currencies that have excellent fundamentals. I only invest in response to news or other occurrences on rare occasions. If I decide to invest, I will conduct a technical analysis as well. I take into account things like where the currency is in its life cycle.

Is there a pattern to the trading? There is support and resistance for the coin, as well as recent price history, news, and upcoming events. If I invest in fundamentally sound coins, I can remain calm even if the price fluctuates dramatically since I know it will eventually rise.

ENJ vs. Other Cryptocurrencies:

Enjin (ENJ) vs. Ethereum (ETH)

Enjin is a software that gives developers the ability to create and manage virtual goods on the Ethereum blockchain. The idea behind Enjin is to manage in-game items across many different properties by using blockchain technology. It helps to reduce the high gas fees and fraud that have plagued the transfer of virtual in-game goods and collectibles.

On the other hand, Ethereum is a technological blockchain that is home to many cryptocurrencies and applications. Enjin is also based on the Ethereum blockchain. Everyone can use it to make applications, cryptocurrencies, NFT platforms, and much more. It is an open-access digital money and data-friendly service for everyone.

Enjin (ENJ) vs. Bitcoin (BTC)

Enjin is a blockchain-based gaming platform that has combined non-fungible tokens (NFTs) with the gaming industry. Game developers can use the Enjin platform to create video game items in the form of NFTs, a new way for game designers to earn profits. Furthermore, players can also benefit from selling these in-game items on the NFT marketplace in Enjin.

On the flip side, Bitcoin uses peer-to-peer technology to manage transactions and issue new bitcoins without a central authority or banks. The network as a whole is in charge of these tasks. Anyone can participate in Bitcoin because it’s open-source and nobody owns or controls it. Several Bitcoin’s unique qualities enable it to be used in ways no other payment system has been able to.

Enjin (ENJ) Price Predictions: Where Does ENJ Go From Here?

From the beginning of this year until April, Enjin coin experienced a tremendous climb, but practically all cryptocurrencies experienced a market slump after that. However, the ENJ coin has regained its lost momentum and is now trading around the $1.4 mark. According to the current ATH and Enjin coin price projection 2021, its future values may continue above the critical resistance level of $2.

Enjin (ENJ) Daily Chart – Tradingview 

Enjin (ENJ) Price Prediction for 2021

According to our Enjin Coin price forecast for 2021, the ENJ coin has significantly boosted the market sentiment phenomena. Traders and investors have begun to place long-term bets on Enjin Coin trend, which they are constantly monitoring. 

As a result, Enjin Coin price prediction for the entire year remains rather optimistic, suggesting it may soar to around $2 in September and then head straight to the $2.5 mark by December.

Enjin (ENJ) Price Prediction for 2022

In keeping with the same optimistic tendency, some anticipate that Enjin Coin will increase even in the following year, 2022. Following the ongoing pattern of USD, mainly how it trades, it is clear that Enjin Coin (ENJ) will run parallelly on the same positive trend lines, eventually reaching its key resistance mark of $3.

Enjin (ENJ) Price Prediction for 2023

The end of 2022 or 2023 may not be so good for Enjin Coin based on shorter and longer price patterns. There is a chance that Enjin Coin price will drop to $2.9 again, but it will be a small one.

How to Buy Enjin (ENJ) on eToro

Enjin (ENJ) Monthly Chart – Fibonacci Retracement

Enjin (ENJ) Price Prediction for 2024

Based on past data indicating that a stunning possibility does not exist and that bulls will ride the crypto market, it is projected that Enjin Coin will once again control the cryptocurrency market with a performance of $5. This is similar to what was expected at the end of 2021, demonstrating Enjin Coin’s full capacity to not only endure but continually increase even in the crypto and blockchain industries’ difficult conditions.

Enjin (ENJ) Price Prediction for 2025

According to our technical analysis and ENJ price prediction, this year could be the benchmark year, as the exchange value of Enjin Coin is expected to exceed $30 by all means. Specifically, no critical reasons such as pandemics or recessions are predicted to undermine the foundations of global economies this year. Moreover, it’s expected that the majority of the damage done will be on the road to recovery in financial assets as well as digital assets.

The Enjin ecosystem has already adopted the PoS technique, and so significant growth is anticipated in the next years. Enjin Coin’s price horizon is quite bright (ENJ).

Summary

Enjin is a blockchain-based gaming platform that has combined non-fungible tokens (NFTs) with the gaming industry. Game developers can use the Enjin platform to create video game items in the form of NFTs, a new way for game designers to earn profits. Furthermore, players can also benefit from selling these in-game items on the NFT marketplace in Enjin.

Additionally, each in-game item created on the Enjin platform has real intrinsic value as it costs Enjin tokens to mint an NFT on the network, which is then locked into the gaming NFT. Gamers can also decide to melt/delete their NFTs, which will recover the Enjin tokens locked in the NFTs.

If you’re ready to take the plunge to get in on the action, you can complete your crypto journey using our recommended broker, eToro. It only takes three minutes to get your account set up and ready to purchase Enjin (ENJ) using Bitcoin you buy on eToro and then transfer to Binance, which allows you to margin trade Enjin (ENJ).

You should also remember the following:

• Investing in and trading Enjin (ENJ) necessitates extensive research and effort.
• Enjin (ENJ) is a high-risk investment.
• Invest just what you can afford to lose.
• Only use registered brokers and exchanges when trading or investing.
• You should also consult review sites and online specialists for their thoughts on Bitcoin.

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